Later in 2016 or 2017 the Venture Jobs Foundation expects to launch its growth lending program. This program is intended to provide growth capital to small businesses that have successfully launched operations and have solid growth opportunities. They require additional capital to take advantage of their growth potential, but cannot raise their full needs from traditional lenders. The VJF will consider providing a portion or all of their growth funding needs.
Our mission is to lend to qualifying small businesses that will use our capital to continue to grow and commit to creating new jobs. Eligible applicants must be located in a qualified low income neighborhood or otherwise add jobs that are lower skill and will be offered to individuals living in such neighborhoods. If specialized skills are needed, we favor businesses that can train new employees in the needed skill areas.
Those interested in learning more about our loan programs may contact the VJF by email at firstname.lastname@example.org.