Learn More about CDFI's and Small Business Resources in Tennessee see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Affordable Housing Resources, Inc.
Appalachian Fund for Growth II, LLC
Chattanooga Neighborhood Enterprise, Inc.
Church Koinonia Federal Credit Union
First State Development Corp.
Nashville Housing Fund, Inc.
Pinnacle Community Development, Inc.
TMA Development Corporation
United Housing, Inc.
There are many U.S. government grants that are available today. American citizens are not just aware or familiar with it because there is not advertisement about it. This is probably because there are no funds allocated for such announcements....
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.