--(BUSINESS WIRE)--What: VEDC, a nationally expanding non-profit lender to small businesses, in partnership with Tampa-based Neighborhood Lending Partners (NLP) have joined forces to create the Greater Miami Business Opportunity Fund (GMBOF) to offer alternative small business loans in Florida. The new program is made possible by a $5 million commitment from UBS Elevating Entrepreneurs, who will be hosting an open office on February 10th.
GMBOF demonstrates UBS’s ongoing commitment to provide resources for small businesses positioned for growth and is part of UBS's Elevating Entrepreneurs initiative. Elevating Entrepreneurs is a joint undertaking of UBS Community Affairs & Corporate Responsibility, Americas and UBS Bank USA. Located in Miami, FL, GMBOF will provide alternative financing solutions for qualified existing small business owners seeking loans of $50,000 to $500,000. The loans are available to small businesses that do not qualify for a traditional small business bank loan due to an insufficient credit score, historical cash flows or collateral. Read more…
VEDC’s mission is to help create jobs and promote economic development. Their loan programs emphasize support to women- and minority-owned businesses, as well as those located in low- to moderate-income communities.
Open office guests can enjoy networking, appetizers and refreshments. Highlights of the evening to include:
- Introduction to UBS Elevating Entrepreneurs mentoring program
- Overview of the Greater Miami Business Opportunity Fund
Meet and greet with:
- Roberto Barragan, President and CEO of VEDC
- Debra Reyes, President and CEO of NLP
- Megan Mitchell, Program Manager, Elevating Entrepreneurs, UBS Americas
Tuesday, February 10, 2015
5:00 p.m. to 8:00 p.m.; Welcome and Program to begin at 5:30 p.m.
Where: 100 S. Biscayne Boulevard, Suite 3163, Miami, FL 33131
For more information, visit www.vedc.org.