THE ENTREPRENEUR CENTER SUPPORTS YOU, VEDC SUPPORTS US
Our Center is a special project of VEDC, The Valley Economic Development Center. Trusted by funders, banks, and thousands of clients throughout the country, VEDC provided more than $20M in capital for micro-financing and small business loans during the 12 months. The Valley Economic Development Center’s dedication to making life-changing loans available to members of emerging communities all over the United States has never been more evident that their recent work – VEDC’s efforts created and retained 2,774 new jobs and provided financing to 364 businesses across the country.
Remember – all small businesses start simply as small business ideas. Let VEDC and The Entrepreneur Center help turn your ideas into your next career.
Consider the VEDC FreshWorks Fund for your financing needs! Loans are available for small markets and other food businesses selling healthy foods that reach underserved populations in Los Angeles County. We can help finance:
- Working Capital
Loans starting from $1,000.
Visit the VEDC website
WE WANT YOU TO SUCCEED
We want you to become another VEDC success story! Read below what VEDC loan recipients have been up to:
Southwest Moulding Inc. Noemi Prado, Sun Valley, CA
Noemi Prado devoted 29 years of her life to Southwest Moulding, beginning as a machine operator and working her way up to general manager. VEDC recognized Prado’s passion, professionalism, and business acumen, and provided her with an $825,000 small business loan she needed to purchase Southwest Moulding from the retiring owners. Prado says that protecting and growing jobs at Southwest Moulding gives her great satisfaction. “If it wasn’t for VEDC, it wouldn’t have happened,” Prado says.
Loteria Grill Jimmy Shaw / Los Angeles, CA
In 2002, Jimmy Shaw left a 17-year advertising career to pursue his dream of becoming an executive chef, opening Loteria! Grill in Los Angeles. Today, Shaw operates five critically acclaimed Loteria locations and wants to expand his Mexican cuisine empire to Los Angeles International Airport. A $500,000 small business loan from VEDC enabled Shaw and Loteria to pair with the Torta Company, bringing 20 new jobs to downtown. Loteria’s creative cocktails and authentic dishes have proved popular with both patrons and food critics alike