Bridgeway Capital has made $4.3 million of loans to Warren and Youngstown businesses and nonprofits.
Valley Economic Development Partners received a two-year grant to support its Growbiz revolving loan fund.
Since inception, the loan fund has provided $5.2 million in flexible, low-interest small business loans and assisted in the creation of 173 Valley jobs.
A customized collection of grant news from foundations and the federal government from around the Web.
John Brothers, Principal of Quidoo Consulting, writes about the Montreal-based company Bixi who are mostly known for its Bixi Bikes. Just recently, Bixi filed for bankruptcy protection. The reason? Bixi is in major financial distress and its bikes have proven to be too “expensive to build, operate and maintain”.