Quaboag Valley Community Development & Business Assistance Corporation is a B2B focused nonprofit organization, with a mission to enhance the Quaboag Valley region's economic, environmental, and social landscape, maintaining the integrity and character of each community. Founded in 1997, it has been making a significant impact for over 25 years. The organization's diverse funding sources, including public and private entities, enable it to provide a range of services, including loans to micro entrepreneurs, support for job creation, business development services, community service coordination, education to employment programs, and workforce training. In April 2023, the organization secured a $500.00K investment grant from the Community Development Financial Institutions Fund. This investment aligns with their objectives, which include facilitating job creation for low-to-moderate income individuals and providing business support services. The unique place-based, mission-driven approach of QVCDC highlights its potential as a sustainable investment opportunity, contributing to both economic growth and community well-being.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | $500.00K | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
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