Local Business Opportunity Funds
By making $35 million in capital available to small business owners, as well as additional multi-year grant funding, UBS has made it possible for VEDC to lend nationally. VEDC's growing footprint enables small businesses, banks and foundations to work with one experienced partner and have a greater impact. Through these UBS supported Business Opportunity Funds, loans are available for small business owners in California, Connecticut, New Jersey, New York, Florida, Illinois, Nevada and Utah.
Working in partnership the UBS initiative, Elevating Entrepreneurs (EE), we aim to empower under-resourced, high-potential small business owners in communities across the United States with access to resources that are seldom available to companies of their size. Through this program, UBS provides small business owners with high-impact business mentoring, access to capital as well as education and networking opportunities to help them grow their companies, create jobs and develop more enterprising local communities.