Nebraska Enterprise Partnership Fund

Much of the job growth in Nebraska comes from “micro-enterprise,” an entrepreneurial category that is the supported by the Nebraska Enterprise Partnership Fund, a CDFI administered by Rose Jaspersen. In this interview with host and entrepreneur, Lynn Hinderaker, Jasperson explains how the fund grows existing, small scale “micro-preneurs” with loans in the under-$50,000 range.

The NEPF provides small business training to non-profit groups across Nebraska, equipping them with technical knowledge and systemized training programs that are then used to support entrepreneurs in their local markets. They have also expanded into direct entrepreneurial lending through an innovative CD-as-collateral tool. With an active portfolio of approximately 50 small businesses, the Fund works with banks, the state’s economic development department, the USDA and others to helps individuals create assets, build wealth and bring dreams to fruition.

 

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