Rochester Fund

The Venture Jobs Foundation is taking applications for its Rochester Fund, which is a micro-enterprise loan fund, in partnership with the City of Rochester and other local organizations.  Qualified clients can receive loans in the range of $10,000-$50,000 with repayment up to 5 years.  Interest rates are extremely competitive at 5%. These are available to businesses that are not viable candidates to receive funds from established commercial lenders, but that the VJF determines have the financial capacity to repay the loan according to its terms.

Requirements

  • You must have been in business for at least 1 year with regular revenue
  • Your business must be located in a low income neighborhood in the City of Rochester, or the investment will go to an operation in such a location
  • Your investment must lead to the creation of at least 1 new job over three years
  • You must demonstrate the financial sustainability of the business and your ability to repay the loan

Assistance is also available to prepare applications.  Business mentoring support may be offered or required for making a loan. 

Those interested in learning more about our loan programs may contact the VJF by email at loans@venturejobs.org

Downloadable forms:

More information on the Rochester Fund:

VJF CROWDFUNDING

News & Events

Public Meetings in September

Venture Jobs Foundation will host a series of public meetings during September 2019 to inform people about the opportunities with its Rochester Loan Fund. The dates of the public meetings are: * Monday September 16 Arnett Branch Public Library at 2:00 and 6:00 pm * Thursday September 26 Spot Coffee, East Ave at 6:00 pm * Friday September 27 Spot Coffee, East Ave at 7:30 am Click here for more information about the Rochester Loan Fund


JPMorgan grant to create jobs program

The Venture Jobs Foundation on Thursday announced it has received a $100,000.00 grant from JPMorgan Chase & Co. to establish the VJF Jobs Kitchen program. By: Rochester Business Journal Staff June 2, 2017


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