Entrepreneurial Program
The Entrepreneurial Program provides technical assistance and funding opportunities for applicable small businesses and entrepreneurial start-up projects. This program may assist in financing a start-up or an expansion through a Business Discovery Loan and/or a "Gap" Revolving Loan and both loans have specific set-aside amounts targeted to PGDP employees and immediate family members. The program also provides assistance through financial counseling, workshops, and technical support services.
Program Accomplilshments:
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Established a Revolving Loan Fund of $402,718 in FY2000 available for entrepreneurial business activity
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Current Loan Portfolio has 2 loans totaling $191,500 which has created/retained 18 jobs
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Overall Loan Portfolio has 6 loans totaling $440,775 which created/retained 72 jobs
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