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The Women’s Fund of Southwest Florida receives donation from Florida Community Bank

The Women’s Fund of Southwest Florida receives donation from Florida Community Bank to support revolving loan fund

 
PRLog - Jan. 17, 2013 - The Women’s Fund of Southwest Florida has received a $3,000 donation from Florida Community Bank to assist The Women’s Fund in growing a revolving loan fund to provide women business owners access to capital for their business start-up or expansion.

“Florida Community Bank is proud to support The Women’s Fund of Southwest Florida.  I am proud to be a partner with these entrepreneurs as they move forward starting or expanding their own business,” said Kent Ellert, FCB President and COO.

“We are grateful to Florida Community Bank for their generous gift that will help us to grow a revolving loan fund and provide much-needed access to capital to women-owned businesses in our region,” said Brenda Tate, president of The Women’s Fund of Southwest Florida. “Even though women owned businesses outperformed men’s during the last recession, lack of access to capital continues to hold these small businesses back. We believe women can be key players in recharging our region’s economy if their businesses are better positioned to flourish.”

As part of a pilot program recently launched by The Women’s Fund, loans ranging from $5,000-$50,000 are currently available to qualified women business owners and entrepreneurs in Hendry, Glades and Collier counties through the Rural Microenterprise Revolving Fund. The loan program will be expanded to Lee and Charlotte counties when the revolving loan fund reaches $100,000.  To request an application for more information, email contact@womensfundflorida.org.

In November 2012, The Women’s Fund released research findings on the status of women in Southwest Florida, examining four core areas including population and diversity, employment and income, achievement and autonomy, health and well-being. The Women’s Fund commissioned the Regional Economic Research Institute at Florida Gulf Coast University to investigate the status of women and girls in Southwest Florida in order to benchmark progress, inform public policy, set funding priorities and programming, and to inspire demand for additional knowledge about the status of women and girls in Southwest Florida.

The mission of The Women’s Fund of Southwest Florida is to raise money through federal and state grants, and relationships with individual and corporate donors, and employ a strategic grant-making model to fund programs and organizations that address the special, critical needs of women and girls in Southwest Florida. Founding members of the Women’s Fund of Southwest Florida Board of Directors include Brenda Tate, president; Linda Uhler, Secretary/Treasurer; Lalai Hamric, Vice Chair and Lou Pontius, Chair.

Florida Community Bank is a $3.5 billion company which is the 5th largest independent bank in Florida.  Our customers benefit from the strength of a well-capitalized bank, empowered local decision making, innovative products and services and full access to 41 locations across Florida. Equal Housing Lender, Member FDIC.

To schedule a presentation by The Women’s Fund, contact Brenda Tate at 239-281-2233. For more information and to view the executive summary of The Status of Women in Southwest Florida report, visit http://www.womensfundflorida.org/ or email contact@womensfundflorida.org. Follow The Women’s Fund online at facebook.com/floridawomen and on twitter.com/twfofswfl.

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