Enterprise and Citi Team Up with Next Street
to Ignite Small Business Growth in New York and Boston
Without a job, even the most affordable rent or mortgage is out of reach
Citi Community Capital and Enterprise Community Loan Fund are investing in the new Next Street Opportunity Fund. A $30 million fund aimed at igniting small business growth and job creation.
Since 2005, Next Street has supported urban business owners with the same level of expertise that Wall Street, Madison Avenue and the elite consultancies provide to Fortune 500 corporations. Thanks to Enterprise and Citi, this kind of help can now come with up to $2 million in financing.
The Fund will unleash the power of growing companies to create new jobs and economic vitality in low- and moderate-income communities where growth is needed most.
Why Small Businesses?
- Small businesses have created 65% of all new jobs in the past 15 years
- Small business employ 50% of all private sector employees
- Small business employ 63% of people with a high school diploma or less and 59% of disabled workers
Learn More About How to Qualify for Financing
For more information, contact opportunityfund@nextstreet.com