Empowering Local Growth Through the Revolving Loan Fund
Since its establishment, the Chippewa Economic Development Corporation (CEDC) has continually sought innovative ways to support local businesses and stimulate economic growth. A significant milestone came in 2005 when CEDC spearheaded efforts to create a regional Revolving Loan Fund (RLF). This initiative consolidated various local loan funds—many originally seeded by federal dollars—into one robust pool of resources known as RBF, Inc. Empowering Small Businesses Since 2006, a dedicated committee of CEDC board members has been reviewing and recommending applications for the Chippewa RLF, and since 2007, for the RBF, Inc. Chippewa County loans as well. Today, these funds stand as powerful tools for nurturing our local economy. By providing essential financial resources to startups and small businesses, these RLFs foster a sustainable cycle of support that transforms our communities. Revolving Loan Funds act [...]









