Durham VA Medical Center Ambulatory Car
Empowering low-income communities through self-controlled enterprises and local employment opportunities.
Empowering low-income communities through self-controlled enterprises and local employment opportunities.
Durham VA Medical Center Ambulatory Car is a social enterprise on a mission to empower low-income communities through self-controlled enterprises and local employment opportunities. Founded in 1974, the United Durham Incorporated Community Development Corporation (UDI) is a non-profit organization dedicated to fostering economic growth in low-income areas. UDI Community Development Corporation provides investment opportunities in enterprises managed by low-income residents and encourages the hiring of employees from local neighborhoods. The organization comprises 53 members selected by community councils. The latest investment of $550.00K came in the form of a grant, received on 17 July 2020. The US Department of Commerce and the Economic Development Administration are the proud investors behind this initiative, marking their commitment to fostering economic development in low-income areas. This significant injection of funds is a testament to the potential impact of the UDI Community Development Corporation's initiatives, showcasing the support and recognition from influential backers.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $550.00K | 1 |
|
17 Jul 2020 |
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