Financing tool for rural technology companies
The Washington Technology Center and Evergreen Community
Development Association are launching a Rural
Technology Loan Fund (RTLF), designed to provide
gap financing or late stage product development loans for
implementation of value-added production processes and/or
technology development. The ultimate purpose of this program
is to assist in the creation of family wage sustainable technology
jobs that help alleviate poverty in rural communities in Washington.
Loan funds may be used for development costs for patented
technology, equipment purchase, real estate, engineering costs,
or working capital.
Rural technology-based companies in Washington, including
start-ups and existing businesses, are eligible to apply.
Applicants must meet loan criteria and have a strong business
plan.
Details about the program are found at www.watechcenter.org/business/rtlf.html.
For more information, contact Laura Dorsey, 206-685-4809,
ldorsey@u.washington.edu
or Mahnaz Eshetu, 206-577-1424, meshetu@ecda.com.
Information about the Evergreen Community Development Association
(ECDA) can be found at http://www.ecda.com.
|
![[Go to top of page]](../../images/gl_b_totop.gif){kind=small}
