Excelsior Growth Fund & Community Loan Fund of the Capital Region Receive $110K from KeyBank Business Boost & Build Program, Powered by Jumpstart

On May 11, the KeyBank Business Boost & Build Program, powered by JumpStart, awarded $110,000 to the Center for Economic Growth (CEG) in collaboration with Excelsior Growth Fund (EGF) and the Community Loan Fund of the Capital Region (CLFCR). The three organization will use the funding to launch a new collaborative designed to provide technical assistance and loans for minority and women owned business enterprises (MWBEs) and disadvantaged small businesses in New York State’s Capital Region.

“Having our headquarters in Albany, Excelsior Growth Fund and our affiliate NYBDC are committed to this community,” said Steve Cohen, president of EGF. “Working with our partners in the Business Boost & Build program, we look forward to bringing a full suite of alternative financing products to more minority and women owned businesses right here in the Capital District.”

Small businesses and entrepreneurs interested in learning more can visit the KeyBank Business Boost & Build program website.

View the full press release

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