Charter and Grow America Announce $1 Million Investment to Help Small Businesses in Connecticut
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The Spectrum Community Investment Loan Fund provides loans through community development financial institutions (CDFIs) to small businesses whose goods and services help meet core needs in communities within Charter’s 41-state footprint. These long-term investments positively impact local economies with growth capital, new job creation, and stronger businesses. To date, the Loan Fund has committed more than $33 million in loan capital, capacity grant donations, and in-kind contributions to 16 CDFIs covering 20 states.
The Spectrum Community Investment Loan Fund helps small businesses access capital in support of our local economies. By partnering with CDFIs, we invest in local small businesses in Spectrum’s 41-state operating network. The Loan Fund and the Carolina Small Business Development Fund are supporting local entrepreneurs in North Carolina including the Children’s Garden Montessori School and Drums vs. Flats, a food truck that specializes in tasty chicken wings.