News & Updates

RPC and Grand Rapids Community Foundation announces investment partnership

Rende Progress Capital (RPC) and Grand Rapids Community Foundation announced their partnership to reduce the racial wealth gap in the Grand Rapids Area through increasing economic equity by providing loans and business technical/financial advising services to Excluded Entrepreneurs who face barriers to conventional loans due to racial bias. The Community Foundation Board of Trustees approved a partnership with RPC through a grant of $100,000 and a low interest, program related investment loan for $200,000. This partnership and investment by the foundation will allow RPC to focus start-up operations and lending in the Grand Rapids/Wyoming Metropolitan Statistical Area in order to eliminate t

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                  818 Butterworth Street SW
                  Grand Rapids, MI 49504

 

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