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Silicon Valley Bank Awards Vermont Slauson Economic Development Corporation $100,000
South LA non-financial gain provides businesses aid and cost-effective financial loans to minority- and gals-owned firms LOS ANGELES, June 7, 2022 /PRNewswire/ — Vermont Slauson Economic Advancement Company obtained a generous $100,000 grant from Silicon Valley Bank to assistance underserved tiny companies and entrepreneurs in South Los Angeles. The money will go straight to the organization’s CDFI revolving mortgage fund, which will help revitalize the South LA neighborhood by providing economical little business financial loans to minority-owned smaller enterprises. Vermont Slauson Financial Progress Centre has served South LA’s small corporations and business owners for forty many years. (PRNewsfoto/Vermont Slauson Economic Advancement Company) Silicon Valley Bank was also the title sponsor…