AVISTA BUSINESS DEVELOPMENT CORPClosed
Closed
Closed
This organization closed in 2017. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
AI Summary
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AVISTA BUSINESS DEVELOPMENT CORP is a 501(c) grantmaking organization that focuses on funding initiatives primarily in North Carolina, West Virginia, and Washington, D.C. This funder operates on a relationship-based engagement model and does not accept unsolicited proposals, making grants strictly by invitation. Nonprofits interested in connecting with AVISTA can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
TO PROMOTE ECONOMIC DEVELOPMENT AND REVITALIZATION BY PROVIDING SMALL BUSINESS ADMINISTRATION LOANS AND OTHER PROGRAMS AND SERVICES TO BUSINESSES IN WESTERN NORTH CAROLINA.
Cause Areas
1
Economic development
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Grantee
Total Funding
Funding Share

MOUNTAIN BIZCAPITAL INC
$74.5K
40%
Hatch AVL Foundation
$50K
27%
PARTNER COMMUNITY CAPITAL INC
$30K
16%
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Total No. of Grants
6
Median 1st year grant
$25K
Median 2nd year grant
N/A
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to AVISTA BUSINESS DEVELOPMENT CORP?
No. AVISTA BUSINESS DEVELOPMENT CORP does not accept unsolicited proposals. Funding is by invitation only.
Where does AVISTA BUSINESS DEVELOPMENT CORP give?
AVISTA BUSINESS DEVELOPMENT CORP primarily gives to organizations located in North Carolina, West Virginia, and District Of Columbia. 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 AVISTA BUSINESS DEVELOPMENT CORP’s grants?
The largest share of grants from AVISTA BUSINESS DEVELOPMENT CORP fall in the $50 thousand to $100 thousand range. The median first-year grant is about $25 thousand. More detailed grant size data is available to registered users.
How many grants does AVISTA BUSINESS DEVELOPMENT CORP make each year?
In 2017, AVISTA BUSINESS DEVELOPMENT CORP awarded about 6 grants, totaling nearly $185 thousand. More detailed grant metrics are available to registered users.
Who did AVISTA BUSINESS DEVELOPMENT CORP fund recently?
In 2017, AVISTA BUSINESS DEVELOPMENT CORP awarded grants to about 5 grantees. Recent grantees include MOUNTAIN BIZCAPITAL INC, Hatch AVL Foundation, and PARTNER COMMUNITY CAPITAL INC. More detailed information on all recent recipients is available to registered users.
How do we apply to AVISTA BUSINESS DEVELOPMENT CORP?
AVISTA BUSINESS DEVELOPMENT CORP does not accept unsolicited proposals. Funding is by invitation only.
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