Tri-State Business Opportunity Fund
The mission of the Valley Economic Development Center’s (VEDC) Tri-State Business Opportunity Fund is to support consistent, high quality employment in communities in the New York area. The VEDC specializes in funding minority- and women-owned businesses, including start-ups and nonprofits, with loans ranging from $50,000 to $500,000 and microloans between $2,500 and $50,000. When packaging loans, the VEDC considers credit history, not credit score.