AI Summary
Regional Economic Development Investments Inc is a 501(c)(3) grantmaking organization that operates on a relationship-based model, providing funding exclusively through invitation and does not accept unsolicited proposals. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways via Impala's Funder Prospecting to connect with this organization.
Mission Statement
ADMINISTRATION OF A REVOLVING LOAN FUND. OUR MISSION IS TO PROVIDE LOANS TO BUSINESSES IN THE AREA BY ISSUING GAP FINANCING IN ORDER TO LEVERAGE LOANS FROM BANKS AND GRANTS FROM THE STATE. OUR OBJECTIVE IS TO USE THESE LOANS TO INCREASE THE EMPLOYMENT BASE IN THE AREA. IN ADDITION, WE ALSO PROVIDED FORGIVABLE LOANS TO BUSINESSES IN WAPELLO COUNTY, THESE FORGIVABLE LOANS ARE MADE IN ORDER TO INCREASE BUSINESS AND EMPLOYMENT IN THE AREA.
Cause Areas
1
Urban development
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Frequently Asked Questions
Can I submit an unsolicited grant proposal to REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC?
No. REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC does not accept unsolicited proposals. Funding is by invitation only.
Where does REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC give?
REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC primarily gives to organizations located in Iowa. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC’s grants?
The largest share of grants from REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC fall in the above $10 million range. The median first-year grant is about -. More detailed grant size data is available to registered users.
How do we apply to REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC?
REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC does not accept unsolicited proposals. Funding is by invitation only.