Updates

We’re Celebrating Our $25 Million Milestone in Community Lending

We’re pleased to announce that Excelsior Growth Fund (EGF) recently topped $25 million in community business lending through our SmartLoan™ and ImpactLoan™ products. More than 300 business owners have received affordable and responsible capital through our rapid approval process, designed to streamline access to alternative capital when bank financing is not possible. This achievement has been fueled by explosive growth this fiscal year. Since October 1, 2017, EGF has provided [...]

Read More

Excelsior Growth Fund & Westminster Economic Development Initiative receive $100,000 from KeyBank Business Boost & Build Program, Powered by JumpStart

The KeyBank Business Boost & Build Program, powered by JumpStart, is celebrating National Small Business Week by awarding $100,000 to Excelsior Growth Fund (EGF) and Westminster Economic Development Initiative (WEDI).  With this new funding, EGF and WEDI will deepen existing partnerships and together will offer loan options from $500 to $500,000 to minority and women owned business enterprises (MWBEs) in the City of Buffalo. “Supporting small businesses and helping them thrive is [...]

Read More

Mary's Little Lambs Holds Buffalo Ribbon Cutting Ceremony with Mayor Byron W. Brown, NYBDC and Excelsior Growth Fund

July 17, 2017 / Buffalo, NY: Mary’s Little Lambs, a child care center and preschool in Buffalo, celebrated its grand opening by hosting an official ribbon cutting with Mayor Byron W. Brown and representatives from local lending organizations New York Business Development Corporation (NYBDC) and Excelsior Growth Fund. The ceremony was held, July 14th at 10 a.m. at the center’s new location at 377 Kensington Avenue, Buffalo NY 14214. Mary’s Little Lambs, which is owned by [...]

Read More

43North, City of Buffalo, and ECIDA team up to bring

EGF teamed up with 43North, the City of Buffalo, and ECIDA  to bring "The Pitch," a new business plan competition for minority- and women-owned businesses in Erie County, NY. The entrepreneurs presented their business plans on October 20th and collectively took home $20,000 in prizes.  Thank you to these business owners for their preparation and hard work and congratulations to each!   $10,000 WINNER: Karibu News Rubens Mukunzi, owner We applaud Rubens [...]

Read More

JPMorgan Chase Commits Over $3.5 Million for Small Business Growth in NYC

The Commitment to NYC is Part of the Firm’s $125 Million National Campaign   New York, October 19, 2016 – JPMorgan Chase & Co. (NYSE: JPM) announced today more than $3.5 million to support both a collaborative of New York City community development financial institutions (CDFIs) to give local small businesses more access to capital, as well as a separate initiative for CDFI credit unions focused on an innovation and product expansion that will improve their work and reach [...]

Read More