Grand Rapids Opportunities for Women received a $400,000 grant to fund its small business development lending in economically disadvantaged communities.
The nonprofit said last week that it received the sum as a Community Development Financial Institution (CDFI) financial award. The nonprofit in 2016 earned its CDFI designation from the U.S. Department of Treasury’s CDFI Fund. This is Grand Rapids Opportunities for Women’s (GROW) second CDFI financial award since then.
Bonnie Nawara, CEO of GROW, said the funds will help the organization broaden its lending base to vulnerable areas. Currently, it provides microloan lending and technical assistance to small businesses in Kent, Ottawa, Muskegon, Newaygo, Allegan, Barry, Ionia, Montcalm and Kalamazoo counties.
“This money helps us to stabilize our lending portfolio and drive our focus to deploy funds into communities of color,” Nawara said.
CDFIs are certified by the U.S. Department of Treasury to inject new sources
BEVERLY HILLS, Calif., Oct. 12, 2020 /PRNewswire/ — October 12th 2020 – Houston McMiller at Business Credit America, Inc. has over two decades of experience helping entrepreneurs find ways of funding their business. He has advised a range of clients from individual freelancers to small start-ups and Fortune 500 companies. His expert advice on business loans, personal loans and business credit cards has helped thousands of individuals make their business aspirations become reality and find the funds they need to thrive. He also offers specialist tips and tricks on how to increase credit scores, and how to repair bad credit.
Houston’s popular eBook Insider Bank Secrets has been cited by major news associates such as ABC, NBC, CBS, and Fox, so you can rest assured that he has the knowledge and skills to help your credit and boost your business. The book reveals detailed blueprints on how small businesses
It’s one thing to start and launch a business. But identifying and optimizing a company’s growth potential is an entirely different matter. And it’s one that many entrepreneurs struggle with as their business takes off and as the business environment and consumer preferences evolve.
As I have developed my own business and watched those of my colleagues, there are many ways to figure out the best opportunities to expand and build your company. Here are my seven top tips for identifying and capitalizing on your business growth potential:
1. Identify unmet customer needs
One of the best ways to uncover where your business has room to grow is to look at still unmet customer needs. I started my business that way, so it makes sense to continue employing that same strategy to find new growth opportunities. There are plenty of customer problems
The upheaval caused by the recent global health pandemic has changed the dynamics of the online world. Brands, businesses, and entrepreneurs are turning towards digital mediums to continue their business activities and retain their positions in the industry, sometimes with the help of paid traffic consultancy firms.
Brandon See has demonstrated how entrepreneurs can find success by using astute decision-making skills and implementing the right tactics and strategies in paid advertising.
Online consultancy firms have been able to generate massive revenues and cash for e-commerce clients through paid advertising. But for most of these firms, the success they enjoy today did not come easy. They had to spend a lot of money to test strategies and tactics initially to eventually develop their own in-house strategies that would yield results for their clients. Through his firm, Digiceptual, See helps beauty, fashion,
TikTok has exploded in popularity this past year. And while most videos are full of humor, cute baby animals, or dance challenges, harnessing the effectiveness of the platform for marketing purposes cannot be understated.
The quirky app has begun infiltrating other social media platforms with its short, quick video clips. TikToks have taken over everything from Instagram and Facebook to YouTube and Twitter, and failing to recognize this trend would be a big mistake. If you or your brand aren’t one of the 800 million active monthly users, the Complete TikTok Marketing Masterclass is the best investment you can make to start harnessing the power of the world’s fastest-growing social media platform.
Last month, mega online retailer and lifestyle brand REVOLVE hosted the first-ever REVOLVE U (short for REVOLVE University). The virtual conference was a week-long affair with curated sessions on career, health, and wellness featuring a number of well-known influencers, entrepreneurs, change-makers, and all around bosses through keynotes and panels.
Viewers got the chance to learn from industry stars such as Miranda Kerr, Nicole Richie, Shay Mitchell, LaQuan Smith, and many more. The advice from these talks is invaluable and could be the key to finally growing that online business or perhaps just the reminder you need to take care of your mental health. REVOLVE U covered a wide range of topics and in case you
A successful business is always built from the ground up, and the most promising ventures are the ones that innovate. Innovation can define our goals and craft our strategies in ways that allow us to grow and thrive even in the most chaotic of times. It’s exciting to realize our potential beyond what we’ve settled into as the status quo.
When it comes to ecommerce, building an online business is one thing, but conquering your industry is another. However, trends indicate that adopting these three promising strategies will help you meet and surpass those goals.
1. Get your marketing strategy right
With the immense potential available to entrepreneurs in the digital realm, businesses now have access to even larger audiences, making the ability to scale far more feasible. An average social media user spends around several hours per day learning from, or
Half a year after the United States joined the rest of the planet in quarantine, the COVID-19 pandemic continues to hurt. Every aspect of life and the world has been affected, and commerce is no exception. Yelp reported that over 80 thousand businesses shut their doors forever between May 1 and July 15. The number has only grown since then.
With that said, all is not lost for business owners — especially those with eCommerce stores, where customers can shop from home in safety. Despite the fraught state of the world, it may still be a good time to start an eCommerce business. If you confront the challenges of COVID with a strong strategy and an open mind, your business could survive and even thrive. Here is some advice for growing an online business during this troubled time.