Region 9 Economic Development District of Southwest Colorado and the Colorado Office of Economic Development & International Trade has been awarded a 2020 Aliceann Wohlbruck Impact Award from the National Association of Development Organizations (NADO) for the Statewide Colorado Microloan Fund program.
NADO’s Impact Awards program recognizes regional development organizations and their partners for improving the economic and community competitiveness. The Region 9 award recognizes the OEDIT’s partnership with rural Colorado for the pilot loan program that has resulted in an impact of $1.65 Million being distributed in 30 rural counties over the last 3 years.
The Colorado Microloan Fund through Region 9 has leveraged and additional $2.5 million and created and retained 210 jobs. The program also serves urban areas of the state through another nonprofit lender.
For more information, contact Laura Lewis Marchino at laura@scan.org.
