The Organization

Cedar Valley Growth Fund I, Inc. (CVGFI) is a Section 501(c)(3) of the Internal Revenue Code not-for-profit corporation incorporated in the State of Iowa on October 1, 2009. The corporation’s stated purpose is:

1. To increase the availability of investment funds to small businesses located in the
service area of the corporation, as established from time to time by the Board of Directors.

2. To increase the level of technical assistance available to small businesses in need.

3. To encourage and promote an increase of business activity in the service area
through new business start-ups and business expansion and retention projects.

4. To create a revolving loan fund to accomplish the foregoing purposes; the income from which will be used to provide technical assistance to area small businesses, to fund administration costs, and to replenish the revolving loan fund.

<Home The Concept>