eDev receives US Bank grant

eDev  received a $4,000 grant from US Bank to provide financial literacy training for our clients in the  IDA small business grant program July 22, 2010.  The IDA small business grant provides a match of $3 for every one dollar that is saved by low income individuals.  This popular program currently has slots available.   US Bank has provided grant funding to eDev for the past three years for the IDA program.  eDev is very appreciative of the grant award.

eDev rolls out Summer Class Schedule, including some upcoming grant and loan orientation sessions

eDev will be offering a number of new classes this summer, as well as providing the foundation classes it has become known for. free orientation session about our IDA small business grant program and our SBA microloan program. The next session will be held Monday, August 16th, 6:00 - 7:30 pm. The session will be held at eDev's office, 1445 Willamette Street, Room 117, Eugene.

eDev approves three new microloans to local businesses in June and July 

The eDev small business loan committee has approved three business loans during the months of June and July. A Eugene pre-school in the start up phase received a $12,000 loan. A Eugene triathlon service business received a $10,000 loan to start up training services and a long-time eDev client received a $15,000 loan for her clothing business. Junction City loan presentation

eDev became an SBA certified microloan lender in August 2009 and is now accepting loan applications. We encourage loan applicants to first view the Microloan PowerPoint presentation. All applicants need to have a completed business plan to be considered for a microloan. A copy of our loan application is available. For more information, contact Martin Desmond at 541-463-4616 or email desmondm@lanecc.edu. 

A copy of our annual report is available for download.