Impact Lending is a partnership between LISC Boston, Northeastern University, and LISC Small Business, designed to make financing available to businesses within the City of Boston.
This new program for small business owners will increase local spending, create jobs, grow opportunities for local vendors, and foster economic growth in the community.
This loan fund is for both existing Northeastern vendors and new vendors or small businesses located in Boston and surrounding neighborhoods. We’re working with local lenders to provide small business loans from $1,000 to $1 million. Our financing has flexible rates and terms to meet the needs of small businesses that might not otherwise qualify for traditional bank financing.
Together, we hope to support the growth of your company.
Ways to use financing:
+ Working capital
+ Equipment, inventory, and machinery purchases
+ Tenant improvements and building renovations
+ Real estate purchase
+ Business debt refinancing
Loan products include:
Contract financing from $50,000 to $500,000 for businesses that need a line of credit to fulfill a contract with Northeastern
Microloans from $1,000 to $50,000 for businesses that require short-term loans to expand
Long-term loans from $50,000 to $1 million for companies in business for at least one year
To learn more about our loan options, contact
. To apply for a loan, please visit Northeastern.LISCsmallbusiness.org
Job Description: Accelerate Boston Manager
Job Description: Accelerate Boston Manager
Accelerate Boston is a microenterprise startup technical assistance program managed by Nuestra Comunidad Development Corporation
, a community development corporation based in the Roxbury, Dorchester and Mattapan neighborhoods of Boston, in partnership with the Future Boston Alliance
, a nonprofit also based in Roxbury, and Boston LISC (Local Initiative Support Corporation). The overall goal of the program is to continue to support a growing small business and entrepreneurship eco-system in Boston and increase the number of small businesses of color within Boston. This program will contribute to the economic self-sufficiency of clients and their families by assisting eligible clients to start small businesses. The Accelerate Boston Manager will deliver hands-on technical assistance to recent graduates/alumni of the Accelerate Boston startup training program, a six-month class for new or aspiring startup entrepreneurs drawn from Nuestra’s target communities as well as graduates from Boston LISC’s entrepreneurship program. The Accelerate Boston Manager will work closely with the program’s training provider, Future Boston Alliance.
Mattapan United Awarded Prestigious Community Organizing Grant
Mattapan United, a community coalition sponsored by LISC's Resilient Communities, Resilient Families Initiative, has been awarded the very prestigious Third Sector New England Inclusion Initiative grant. The funding provided by Third Sector New England through its Inclusion Initiative program, will support the multi-sector networks in building a collaborative community of groups who will target their collective efforts at systemic issues that perpetuate economic inequality in the communities of color where they operate.
“It has been 50 years since we first declared the ‘war on poverty’ and income inequality and poverty has continued to be persistent especially in communities of color,” says Ayeesha Lane, Program Manager, Inclusion Initiative. “These grants are targeted to help close the gap and to move the needle on creating more just social systems that support racial and economic equity.”
Resilient Communities/Resilient Families in the News!
Boston Neighborhood Network News covered the Resilient Communities/Resilient Families Community Contract Rollout on Thursday April 25th with interviews with several of the community leaders. You can see the video here.
Last week Bob Van Meter had a chance to sit down in the BNN studio for a follow up conversation on the Resilient Communities/Resilient Families community contracts, particularly focused on the Fairmount Corridor and the MilleniumTen effort. See video here.
For more information on the Resilient Communities/Resilient Families go to rc-rf.org
Community Contract Roll Out!
The LISC Resilient Communities/Resilient Families Initiative in Roxbury, Codman Square/Four Corners, and Mattapan has organized hundreds of neighbors over the last 18 months to develop strategies to advance healthier and more prosperous neighborhoods. Their work has included thousands of community surveys, hundreds of one on one interviews, and dozens of community meetings. Each neighborhood has now completed a community contract and dozens of new leaders have signed up to champion their causes. Join them for a debut of their vision and an invitation to join their work.
Citizens Bank Foundation Awards $35,000 Grant to Boston LISC
Grant to support Boston LISC's Resilient Communities/Resilient Families Initiative in Dorchester, Mattapan and Roxbury neighborhoods
BOSTON (December 12, 2012) – Tuesday's press release from The Citizens Bank Foundation announced that it has awarded a $35,000 grant to Local Initiatives Support Corporate (LISC) of Boston to support its Resilient Communities/Resilient Families (RCRF) program for the Dorchester, Mattapan and Roxbury communities of Boston.
Marilyn Sanchez, from Boston LISC attended the SummerWorks graduation for 100 Mattapan youth. The Local Initiatives Support Corporation received a certificate of appreciation for a grant they made to ABCD’s Mattapan Family Service Center to employ 20 youth in the Boston Police Department’s Teen Police Academy Program. MFSC and the Boston Police Department worked together to help create a brighter future for the youth in their program. The Teen Police Academy’s mission is to build and strengthen relationships between the Boston Police Department and teens living in the neighborhoods of Boston. The 6 week curriculum fostered the development of different skills like patience, respect, and discipline. Marilyn Sanchez was quoted to say “It was very moving to hear the individual stories of the young people that successfully finished the program. Some of the youth have started college this September and have decided to pursue Criminal Justice.” Matt Woolbright, Boston Globe correspondent wrote about the Boston Police Department program in the Boston Globe in an August 23, 2012 article.
Codman Sq/Four Corners Millennium Ten in the news
"In one of the largest gatherings of residents and stakeholders in Codman Square and Four Corners, over 130 people filled the Great Hall in Codman Square on June 19 to participate in planning processes for the neighborhood," reported Elizabeth Murray of the Dorchester Reporter in her article titled "Codman Sq., Four Corners residents take stock."
The article continues:
“'I haven’t seen this much energy or resident involvement on a large scale in over 20 years,' said Candice Gartley, a long time resident who works at Codman Square Health Center, in a statement.
This was the first of three planning groups that would be held over the summer in order to develop a 10-year plan for the neighborhood. The event in Codman Square was put on by a collaboration of organizations, residents and businesses all under the banner of the Millennium Ten Initiative. The next event will be held on July 24 at Second Church in Codman Square."
For the full article, visit the Dorchester Reporter webiste.