New social impact fund creates funding for local businesses
Online PR News – 05-August-2020 – Scranton, PA – Today, Impact Capital Management (ICM), a private fund which invests in economically distressed communities, announced the opening of their first Impact Grant Application process. The grant is focused on bringing funding to small businesses in economically distressed areas nationwide in order to stimulate growth in the community. The application process is a streamlined form, which can be found on ICM’s website (http://www.impactcapitalmanagement.org/impact-grant-1).
Of the program, President/CEO Trevor Cozza said “Today marks a landmark moment for ICM. We hope we can utilize the Impact Grant program to stimulate businesses and allow them to focus on new and unique ideas to create sustainable jobs of the future. We are excited to hear from modern and diverse businesses that can provide this impact”.
About Impact Capital Management: Headquartered in Scranton Pennsylvania, ICM’s mission is to provide community economic development through the strategic reinvestment of contributions into meaningful businesses, projects, and activities, possessing promising growth, cultural significance, and employment expansion possibilities. Founded in 2019, ICM is the first fund of its kind in the region, dedicated to bringing business and social impact together to provide a future amid the rapidly changing economic landscape. For more information, visit http://www.impactcapitalmanagement.org.