NV Grow Director, Kevin Raiford, and NV Grow Business Counselor, Gabriel Interrante, representing the NV Grow at the Festival of Lights sponsored by the South-Asian Womens Alliance of Nevada (SWAN).
Free Entry! Enjoy a festive evening of authentic South Asian food, cultural performances, pop-up shops, henna art, fireworks, and more!
Saturday, October 23, 2021, 4PM – 8PM @ Clark County Government Center: 500 S. Grand Central Pkwy, Las Vegas, NV 89155
WASHINGTON D.C. — Today, Congressman Steven Horsford (D-NV-04) announced his office secured a $2,750,000 award for the Nevada Business Opportunity Fund. This funding will establish a Revolving Loan Fund (RFL) to provide capital and technical assistance to underserved businesses throughout Clark County.
“Small businesses are the backbone of our economy, and while they have made progress in recovery, many are still struggling from the ongoing impact of the pandemic,” said Congressman Steven Horsford. “I’m proud to announce $2.75 million in funding to help Clark County businesses build back better, create jobs, and promote long-term growth for the broader community.”
“I commend Congressman Horsford for fighting for access to capital for small businesses. Anytime we can get access to capital for small businesses is a good day, but during a pandemic, it is the difference between keeping the doors open or closing for good,” said Peter Guzman, President of the Latin Chamber of Commerce.
“Congressman Horsford continues to be a champion for the small, diverse businesses we represent,” said Ken Evans, President of the Urban Chamber of Commerce. “We have businesses who we know will benefit from both the technical assistance of Nevada Business Opportunity Fund and the infusion of capital provided by this Revolving Loan Fund.”
These funds will be a huge resource for small businesses in Nevada. The resiliency of our small business owners are incredible and now that we are moving to get our economy going these funds will help them through the process. Thank you Congressman Horsford for your continued support,” said Sonny Vinuya, President of the Las Vegas Asian Chamber of Commerce.
“Nevada small businesses are innovative and dedicated to achieve. These funds will expedite the transformation of the Nevada economy to withstand the current situation then prosper in the near future. All the resources provided to these businesses will result in a significant return on investment through job creation and overall revenue. This will lead to prosperity for future generations,” said Kevin Raiford, Director of Nevada Grow.
The award will provide $2,500,000 in funds for loans along with $250,000 in technical assistance and administrative funds to help support small businesses who have been economically distressed by the coronavirus pandemic. These funds will provide permanent resources to support economic resiliency, and further the long-term economic adjustment objectives of the region. The funding comes from the CARES Act, which Congressman Horsford voted to pass in March 2020.
Geneva Kropper | email@example.com | 202-849-0251
This press release is from Congressman Horsford’s website. To view, click HERE.
Viet Nevada Culture, in collaboration with NVGrow, hosted a traditional Vietnamese Moon Festival on Sunday, September 19th, at Wet ‘n Wild, for las Vegas families.
Click HERE to watch the news clip.
NVGrow Director, Kevin Raiford, networking with Valley Bank key personnel at the 2021 Annual Runnin’ Rebels Coach’s Luncheon. Valley Bank is a leading lender of SBA 504 program in Nevada helping small businesses.
Advocacy’s annual State Profiles provide a snapshot of each state’s small businesses. The profiles gather the latest federal economic data into state-by-state snapshots of small business health and economic activity.
This year’s profiles focus on state small business dynamics and employment. They answer questions like:
- How many small businesses are in my state?
- How many people do small businesses employ?
- How many jobs do they create?
- How many establishments opened and closed?
- What industries have the most small businesses?
- What demographic groups own the most small businesses?
- How much do small businesses export?
Traditional small business datasets still predate the effects of the COVID-19 pandemic. For more information on how COVID-19 has impacted small businesses, see here.
NVGrow Director Kevin Raiford attended the launch of Viet Nevada Culture that supports Vietnamese small businesses.
To read the article, click here.