“The underlying principles of sound investment should not alter from decade to decade, but the application of these principles must be adapted to significant changes in the financial mechanisms and climate.”
—Benjamin Graham
UDI/CDC is an EDA RLF awardee, serving Durham City/County within the Central Pines Economic Development District. UDI/CDC’s Revolving Loan Fund (RLF) supports the Central Pines Economic Development Regional Council’s Comprehensive Economic Development Strategy (CEDS) goal of Business Retention, Expansion, and Innovation.
The primary goal for UDI/CDC RLF is to provide access to capital to businesses/development projects and entrepreneurs whose start-up and expansion will directly result in:
- Business sustainability,
- Creation and/or retention of jobs, and
- Creation of private leveraging opportunities.