GALVAN FOUNDATION LAUNCHES LOCAL LENDING FUND
Galvan Foundation is pleased to announce the creation of Hudson Venture Fund, an investment and revolving loan fund supporting entrepreneurs in the City of Hudson, New York.
Hudson Venture Fund provides local entrepreneurs access to alternative financing at lower costs and more flexible terms than conventional lenders. The Fund actively encourages applications from businesses that, in part, address social and economic inequality in Hudson. Loan amounts range from $10,000 to $100,000 and Fund size depends on both continuing need and performance of the loan portfolio.
Hudson Venture Fund starts accepting funding applications in Fall 2016. Please contact us at hvf@galvanfdn.org to learn more.
Galvan Foundation is a private grant making and operating foundation which began operations in January 2012. The mission of Galvan Foundation is to improve the quality of life of the people and communities of Hudson, especially those most vulnerable and economically disadvantaged.
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