Empowering Pittsburgh Small Businesses: Invest PGH Secures $519,000 Funding Boost

We are thrilled to announce that Invest PGH, a dedicated nonprofit organization committed to empowering Pittsburgh’s small businesses, has successfully raised $519,000 in funding! As a certified Community Development Financial Institution (CDFI), Invest PGH plays a crucial role in nurturing the local economy by providing tailored financial support to entrepreneurs across various sectors. This newly acquired capital will significantly enhance the organization's ability to deliver its suite of impactful loan programs designed to meet the diverse needs of small businesses. The funds will primarily bolster three unique loan programs: the Micro-Enterprise Loan Program, which offers up to $30,000 for essential business expenses; the Accelerating Business Expansion Loan (ABEL) program for larger projects such as real estate investments; and CRiB, the Childcare Reinvestment Business fund, which provides up to $20,000 in forgivable loans for childcare facilities in the City of Pittsburgh. These programs not only stimulate business growth but also ensure the sustainability of vital services within our community. In addition to financial assistance, Invest PGH is dedicated to empowering entrepreneurs through free guidance on application processes and business planning. By raising this significant amount, Invest PGH reaffirms its commitment to fostering a robust and vibrant small business ecosystem in Pittsburgh. With this funding, we are more equipped than ever to support local entrepreneurs in achieving their dreams and driving the economic vitality of our beloved city. Whatever your small business needs, Invest PGH is here to provide the assistance and resources crucial for your success.