Community Development Corp. Receives Grant

The Community Development Corporation of Northeast Indiana will receive a $35,000 Rural Business Enterprise Grant from the United States Department of Agriculture Rural Development Program. The grant is designed to provide an incentive for business expansion, job creation and private investment in rural areas of Northeast Indiana. This would include Dekalb, Huntington, Lagrange, Noble, Steuben, Whitley, Wells and rural areas of Allen County. The CDC is a City of Fort Wayne sponsored 501 (c) 6 not for profit business development organization. Its primary objective is to promote the growth and development of small commercial and industrial businesses in Northeast Indiana through creative business loan programs.

Cheryl Schuster, Executive Director of CDC of NE Indiana says: "Our goal is to help serve the growth of Northeast Indiana small businesses, where there are few options available for financing alternatives and grants such as this help us accomplish these goals.”