Growing Funding Capacity VEDC has demonstrated significant growth with over four million dollars in funding and revenues ranging between fifty and one hundred million dollars, indicating a stable financial base that can support expanded loan programs and new financial products for underserved small businesses.
Focus on Underserved Markets As a certified CDFI with a mission to empower women and minority-owned businesses, VEDC presents opportunities for specialized financial services and educational programs tailored to diverse entrepreneurs in underrepresented communities.
Recent Expansion and Impact With over 108,000 small businesses served and more than 200,600 jobs created or retained, VEDC's proven track record suggests potential for partnerships that can scale impact through additional funding, training, or co-lending initiatives.
Strategic Partnerships Recent investments from institutions like Wells Fargo and grants aimed at supporting women and minority entrepreneurs highlight VEDC’s ability to collaborate with major financial players, presenting avenues for joint ventures, sponsorships, or tailored financing solutions.
Leadership and Growth Opportunities The appointment of a new CEO in 2017 signals strategic leadership and growth potential, making VEDC an attractive partner for innovative community development initiatives and capacity-building programs aimed at expanding small business access to capital.