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VEDC logo — company profile

VEDC

Founded 1976 United States Sherman Oaks, United States 82 employees Grant Total: $6.62M Finance, Financial Services +2

General Information

Company Name VEDC
Founded Year 1976
Location United States Sherman Oaks, United States
Employees 82
Industries Finance, Financial Services, Fintech +1
Funding Stage Grant
Social

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About VEDC

VEDC (Venture Enterprise Development Center) is a distinguished national non-profit organization that has been a pivotal player in the small business sector since 1976. As a certified Community Development Financial Institution (CDFI), VEDC is committed to fostering small business growth in under-served communities, particularly those owned by women and minorities who typically face challenges in securing traditional financing. VEDC's core mission revolves around job creation through the facilitation of loans and provision of educational resources. With a recent $3.97M grant investment received on 10th April 2023 from the Community Development Financial Institutions Fund, the organization is well-poised to continue its impactful work in transforming the small business landscape. For further details, interested parties can reach out by calling 1-800-304-1755 or visiting vedc.org.

Taxonomy: non-profit organization, community development, CDFI, small business, business development, job creation, loans, educational assistance, women-owned businesses, minority-owned businesses, under-served communities, financial inclusion, economic empowerment

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $3.97M 1
Community Development Financial Institutions Fund
10 Apr 2023
Grant $150.00K 1
Wells Fargo
07 Jun 2018
Grant $2.50M -
22 Nov 2016

VEDC Alternatives & Competitors

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VEDC vs
River City Capital Investment
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VEDC vs
Southeast Kentucky Economic Development Corporation
Southeast Kentucky Economic Development Corporation United States

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VEDC vs
WBD Inc.
WBD Inc. United States

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Also compare with: VEDC vs Lendistry Lendistry View all alternatives

FAQ About VEDC

VEDC is a national non-profit business development organization with a 41-year history of changing small business. As a certified Community Development Financial institution (CDFI), our mission is to create jobs through small business development in under-served communities. We provide loans and e...
VEDC was founded in 1976.
VEDC is headquartered in Sherman Oaks, United States.
VEDC operates in Finance, Financial Services, Fintech and Government and Military. Its work centres on non-profit organization, community development, CDFI and small business.
VEDC has approximately 82 employees.
VEDC has completed 3 funding rounds, raising a total of $6.62M. The latest funding stage is Grant.
Top alternatives and competitors to VEDC include River City Capital Investment, Southeast Kentucky Economic Development Corporation, WBD Inc., American Plus Bank N.A., Lendistry. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
VEDC and River City Capital Investment are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for VEDC, https://bouncewatch.com/company/vedc, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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