05.21.20

Application Process Open for NIIC Re-imagination Fund

Earlier this week, we announced our new NIIC Re-imagination Fund. This was made possible through the generosity of donors to our #GivingTuesdayNow campaign in partnership with the Community Foundation of Greater Fort Wayne. The application process is now open. Click here to apply.

This fund supports underestimated founders located in Northeast Indiana who are facing liquidity problems and looking to reset and re-imagine their business model post COVID-19 Pandemic.

Funding levels include micro-loans of $250 to $1,000 with repayment options starting at six months after closing with no interest, 6 months at 3% interest, terms longer than 12 months at 5%, and 18% if defaulted. Repaid funds will go back into the fund to support additional business builders.

Questions? Contact us at TheNIIC.Org/lets-talk.

 

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