Brooklyn Chamber and NYBDC Launch 'The Brooklyn Fund'

Wednesday, May 1, 2013 / Published in Featured News, General News
Brooklyn Chamber and NYBDC Launch 'The Brooklyn Fund'

In partnership with the Brooklyn Chamber of Commerce, NYBDC officially launched “The Brooklyn Fund” yesterday at a press conference in Bay Ridge, Brooklyn at the Arab American Association of New York.

The announcement of the fund was well received and the event was an overall success. The $10 million Brooklyn Fund will offer loans between $25,000 and $350,000 and intends to have a particular focus on Immigrant and Veteran owned small businesses throughout Brooklyn.

Supported by SBA’s Community Advantage and Small Loan Advantage Programs, the Brooklyn Fund will be made available to potential borrowers via the Brooklyn Chamber of Commerce’s NYC Small Business Solutions Center at 9 Bond Street in Downtown Brooklyn.