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View Full Version : CDFIs Generate £100m of 'Extra Value' for the Local Economy Through RGF



NewsBot
09-Sep-14, 01:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

CDFIs Generate £100m of 'Extra Value' for the Local Economy Through RGF




- CDFIs generate £100m of 'extra value' for the local economy through Regional Growth Fund - A further £150m government lending pot could unlock thousands more jobs Community lenders have generated over £100m in 'extra economic value' through a government-backed fund supporting small businesses and social enterprises in England. Figures from the Community Development Finance Association (CDFA) have revealed that loans made by its members have delivered economic value worth more than five times the original funding [1].The funding has already secured over 2,600 jobs for English towns and cities, creating substantial benefits for the government and local economies. [Read Full Article (http://www.caithness-business.co.uk/article.php?id=5307)]