News
PathStone Enterprise Center receives $1.5 million award
Earlier this week, Donna J. Gambrell, director of the U.S. Department of the Treasury’s Community Development Financial Institutions Fund, announced awards totaling $142,302,667 for 155 Community Development Financial Institutions (CDFIs) serving economically distressed communities across the nation. Rochester-based PathStone Enterprise Center, Inc. received a $1.5 million award, the largest amount awarded through the CDFI program for this fiscal year.
“We’re very pleased to have been awarded these funds” stated Dana Brunett, president of the PathStone Enterprise Center, “this award will allow us to better serve the needs of small business owners and entrepreneurs throughout the region over the next few years.”
Posted On: Monday, July 25th, 2011 @ 11:20 am by Web Administrator