Funding Programs through the Center for Business Innovation and Development
The Center for Business Innovation and Development (BID) assists existing businesses, as well as new entrepreneurs, in securing the financing they are otherwise unable to secure through traditional channels. The primary goal of BID is to create new jobs or retain existing jobs. Preference is given to businesses that will add full-time skilled or semi-skilled positions. The source of funding is the Federal Economic Development Administration (EDA). Some specific guidelines may apply. GACN welcomes partnering with other lenders to assist local businesses to succeed and thrive.
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