News & Updates

Co-founder, Chair & Managing Director Eric Foster: Remarks to Grand Rapids Rotary

Thank you, everyone. I appreciate the rotary for the invitation to speak about economic racial inequity, and more importantly, how Rende Progress Capital is one solution to it. Let me start with my known candor and directness---in this case my three beliefs that are the foundation of being a conscious capitalist and creating Rende Progress Capital after my starting my first business: First, Capitalism has been the most successful economic system the world has ever seen, and it has put people on the path to security. However, it has had---and still has---serious flaws. Namely, it flourished here in America due largely to slavery. Third, my late grandfather who created some of his own jobs,

Co-founder and Managing Director Cuong Huynh featured in Law Magazine profile

Cuong Q. Huynh, Co-founder and Managing Director for Investments for Rende Progress Capital (RPC) is featured in the 2019 Council for Legal Education Opportunity (CLEO) Magazine. His feature can be found on Pages 94 and 95 via the following link: CLEO is a non-profit project of the American Bar Association Fund for Justice and Education to expand opportunities for minority and low-income students to attend law school. The magazine edition features profiles of key law school graduates who are sharing their current work and endeavors. Huynh speaks about how CLEO helped his law school experience and role with RPC.

RPC and Flagstar Bank Start Partnership for Excluded Entrepreneurs

Rende Progress Capital (RPC) and Flagstar Bancorp (NYSE: FBC) announced its first partnership that includes Flagstar Bank funding to RPC to assist Grand Rapids area Excluded Entrepreneurs with business technical assistance, loan readiness and other services. Based on the common goals of economic inclusion and the recognition that some conventional lenders are also interested in addressing barriers to conventional lending due to bias and other factors, RPC and Flagstar Bank are partnering together to advance opportunities for business owners of color. Eric K. Foster, Co-founder, Chairman and Managing Director of RPC remarked that “RPC appreciates that Flagstar Bank listened to our needs for t

© 2016      Rende Progress Capital
                  818 Butterworth Street SW
                  Grand Rapids, MI 49504


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