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“The Target Foundation’s consistent support has enabled NDC to provide culturally responsive technical assistance so that neighborhood entrepreneurs could access flexible capital when they needed it most. Since March 2020, NDC has processed over 1,000 grants and forgivable loans totaling over $11 million, primarily to Black, brown, immigrant, and Indigenous entrepreneurs in low-income Twin Cities neighborhoods. To facilitate access to capital, NDC has provided thousands of hours of one-on-one assistance in multiple languages to make sure business owners had the information and paperwork they needed to apply for these grants. This capital has helped business owners keep their doors open, and ensured businesses could retain over 5,000 jobs. Thank you, Target Foundation, for ensuring neighborhood small businesses could survive a major crisis period, so they can thrive in the future!”
RENAY DOSSMAN
PRESIDENT, NEIGHBORHOOD DEVELOPMENT CENTER