Learn More about CDFI's and Small Business Resources in Kentucky see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
CNC Development Corporation, Inc.
Community Ventures Corporation, Inc.
Kentucky Habitat for Humanity
Kista NMTC Fund, LLC
Louisville Community Development Bank
Louisville Development Bancorp, Inc.
Southbank Partners, Inc.
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.