Press Releases

Browse our press releases for the latest news from Seedco.

Robert Giloth Elected to Seedco Board of Directors
National Expert on Job Development Joins Board of Innovative Nonprofit

Nov 18, 2008
Dr. George Pruitt Named Chair of Seedco Board of Directors
President of Thomas Edison State College to Lead Board of Innovative National Nonprofit

Oct 30, 2008
My Door Pilot Launched for Domestic Violence Survivors


Oct 07, 2008
Seedco Vice President Testifies to NYC Council Small Business Meeting


Sep 25, 2008
Seedco Participates in International Conditional Cash Transfer Conference


Aug 27, 2008
Seedco Staff Testifies at New York State Economic Security Cabinet Town Hall Meeting


Jul 28, 2008
National Community Fund, Citi Community Capital and Empowerment Reinvestment Fund Provide Tax Credit Financing for Construction of the McKibbin Street Industrial Center in Brooklyn, NY


Jul 22, 2008
Seedco Releases Project Reach Out Guide at Department of Labor Conference


Jul 14, 2008
Seedco Participates in White House Workshop on Understanding and Supporting Community Organizations


Jul 02, 2008
Seedco Financial President Bill Grinker Retires
Interim President Named as Board Conducts Nationwide Search for Replacement

Jun 30, 2008
Seedco Hosts White House Visit at Henry Street Settlement, a Seedco Community-Based Partner Organization


May 30, 2008
Seedco Financial Launches the Southeast Louisiana Fisheries Assistance Center
Center is the First Financial and Technical Assistance Resource for Southeast Louisiana Fisheries Industries

May 12, 2008
Seedco Testifies Before New York City Council Committees on Civil Rights and Consumer Affairs to Discuss Work of the Office of Financial Empowerment


Apr 28, 2008
Seedco Financial Relocates to Downtown Birmingham and Opens its Doors to the Community
Nonprofit Expands Activities with Move to Serve More Alabama Neighborhoods

Apr 28, 2008
Seedco Financial and the Ms. Foundation for Women applaud the entrepreneurship of the women of New Orleans during V-Day


Apr 11, 2008
Seedco Increases Efforts to Bring Tax Benefits to Low-income Filers


Mar 29, 2008
SEEDCO FINANCIAL RECEIVES $600,000 FROM THE HOME DEPOT FOUNDATION FOR AFFORDABLE HOUSING IN ALABAMA
Local Nonprofit To Expand Green Building with Free Certification for Developers

Mar 20, 2008
Four Baton Rouge Businesses Receive First Loans through $2.5 million Seedco Financial Baton Rouge Small Business Loan Fund
Mayor Kip Holden Encourages More Area Businesses to Apply

Mar 13, 2008
Seedco staff meets with United Kingdom’s Secretary for Work and Pensions James Purnell


Mar 07, 2008
Seedco President & CEO Named to Advisory Council for New York City Office of Financial Empowerment


Mar 06, 2008
Seedco Receives Nearly $1.2 Million to Support Foreclosure Prevention Counseling Efforts
Grant provides much-needed boost to homeowners in danger of foreclosure

Mar 06, 2008
Seedco Staff Promotes Project Reach Out strategies at 2008 National Association of Workforce Boards Forum


Feb 27, 2008
SEEDCO FINANCIAL AWARDED FUNDING FROM THE SMALL BUSINESS ADMINISTRATION FOR NEW MULTI-COUNTY MICROLENDING
Alabama Small Businesses To Receive Boost From Area Non-Profit

Feb 25, 2008
Seedco Chosen to Attend White House Summit on Supporting Community Organizations


Feb 19, 2008
Seedco Staff Testifies Before New York City Council on “Measuring the Success of Workforce Development Programs”


Feb 01, 2008
Seedco Participates in HRA Conference on Non-custodial Parents and the Challenge of Paying Child Support Arrears


Jan 18, 2008
Robert A. Espaillat Becomes Seedco Financial’s First Chief Operating Officer and Executive Vice President


Jan 07, 2008
Mayor Bloomberg Announces First Incentive Payments to Families in Opportunity NYC, The Nation's First Conditional Cash Transfer Program
More than Fourteen Hundred Families Receive $740,000 in Program’s First Payments

Dec 17, 2007
Mayor Bloomberg Welcomes First Opportunity NYC Program Participants
Announces Partnerships With Eight Local Banks And Credit Unions To Offer Them ‘No Fee’ Accounts; First Participants In Nation's First-Ever Conditional Cash Transfer Initiative Have Opened Over 170 New Bank Accounts In Program's First 11 Days


Sep 19, 2007
Mayor-President Melvin L. “Kip” Holden, Seedco Financial and Baton Rouge Bankers Roundtable Launch City’s first Small Business Loan Fund
$2.5 million available to local businesses

Sep 06, 2007
Baton Rouge Micro and Small Business Loan Fund Launched
Officials Unveil New Loan Fund Providing Resources

Sep 06, 2007
NYC Dept. of small business services, Seedco Financial Services and Grand Central partnership announce approval of nearly $200,000 in loans for businesses affected by the Midtown stream pipe explosion and availability of additional loans
Emergency zero-interest loans of up to $10,000 available to businesses affected by the blast

Aug 17, 2007
Seedco Financial Receives Federal Funds to Help Grow Minority-and-Women-Owned Small Businesses in Alabama
Nonprofit To Increase Aid for Economic Development in Birmingham and Black Belt

Aug 05, 2007
Seedco Financial Announces AIG Grant
$50,000 will support ArtBusiness Initiative

Jun 28, 2007
MAYOR BLOOMBERG RELEASES INCENTIVES SCHEDULE FOR OPPORTUNITY NYC, AIMED AT HELPING NEW YORKERS BREAK THE CYCLE OF POVERTY
Families, Adults, and Children to Receive Incentives Around Health, Education and Adult Workforce Development

Jun 18, 2007
Seedco Financial Selects Peter Chapman as Executive Director of its New Denver Operation
Mayoral advisor will lead ambitious community development agenda

May 02, 2007
Seafood Businesses Celebrate Opening of Fishing Season
Vietnamese-American firms are among hundreds assisted by Seedco Financial


Apr 09, 2007
MAYOR BLOOMBERG AND MAJOR PHILANTHROPIC FOUNDATIONS UNVEIL SIZE, SCOPE, AND SCHEDULE OF OPPORTUNITY NYC, THE NATION’S FIRST-EVER CONDITIONAL CASH TRANSFER PROGRAM
Mayor Bloomberg's media release announcing this program and its partners

Mar 29, 2007
Seedco Joins World Community Grid, a technological humanitarian tool


Mar 21, 2007
Three New Members Join Seedco Financial's Board of Directors
Veronica Barela, Maurice Coleman and Jon Minikes Bring Expertise

Mar 16, 2007
Regions bank and Seedco Financial Partner to Invest in Alabama small businesses
Regions' Investment Doubles Loan Pool to $4 Million

Feb 20, 2007
Seedco Financial Services increases outreach in Alabama
National Non-Profit Expands Statewide Services to Benefit Community

Feb 09, 2007
One-year Anniversary of Katrina Approaches
Small Businesses Gain Needed Relief from Seedco Financial Services' Multifaceted Programs

Aug 23, 2006
New Queens Emergency Loan Program for Business Affected by the Blackout Begins Today
New Program Offers Workshops, Loans

Jul 27, 2006
New York City small arts businesses get $1 million in loans
Seedco Financial services commits another $2 million

Jul 13, 2006
New Program Set to Aid Lower Manhattan Businesses Being Displaced by MTA Construction on Fulton Street
Displacement Package to Include Loans, Technical Assistance, Wage Subsidies

Mar 21, 2006
New York’s first lending program tailored to the borrowing needs of local human services providers launched by local nonprofit


Feb 06, 2006
Non-profit organization facilitates major downtown Memphis development; links deal to the aid of low-wage workers


Dec 01, 2005
Gulf Coast Recovery Resource Guide Created
A New Interactive Resource Guide Just Issued by Seedco

Nov 23, 2005
Study finds Nonprofit Loans to Small Businesses after 9/11 may Teach Lessons about Katrina Recovery
National Community Capital Association (NCCA) Report finds that Seedco’s pioneering small businesses support initiative in Lower Manhattan after the World Trade Center attack was a major success story

Nov 10, 2005
Stanley Brezenoff Elected as Chair of the Seedco Board of Directors


Oct 24, 2005
New Funds for Alabama
Seedco and Alabama Policy Advisory Board, with local partners, announce nearly $5 million of investments in Alabama small business, employment, and homeownership initiatives--with significant resources still available for local organizations

May 02, 2005
To Venture or Not to Venture
Two new Seedco reports evaluate pros and cons of social purpose businesses; business planning toolkit and loan product help nonprofits make the most of planned or existing ventures

Mar 07, 2005
Helping Downtown Arts Groups Compete
Day-long Seedco/LMCC conference to showcase business development resources for small arts organizations and nonprofits below 14th Street

Jan 07, 2005
Seedco Announces Increased Investments in Memphis
Model programs will benefit city’s low-wage workers, homeowners, and small businesses

Nov 19, 2004
Seedco Expands Assistance for Alabama's Small Businesses, Residents
Strengthened initiatives in economic and workforce development, asset building, and affordable homeownership to target high-need areas in Birmingham, Mobile, and Black Belt Region

Oct 08, 2004
New Seedco report, The Promise and Pitfalls of Performance-Based Contracting, examines growing trend: performance-based contracting of government service delivery to nonprofit agencies


Sep 15, 2004
Upper Manhattan Workforce1 Career Center Open House


Jun 10, 2004
Harlem One-Stop Open House
Glimpse of NYC Workforce Development in Action

Jun 04, 2004
Community-Based Organizations in Lower Manhattan Receive Grants from Seedco’s Nonprofit Venture Network to Develop Social Purpose Businesses


May 06, 2004
Seedco’s Empowerment Reinvestment Fund (ERF) Makes “The Perfect” New Markets Tax Credit Deal
Community is the big winner: NMTC deal for $5.4 million mirrors legislation’s intention to benefit low-income neighborhoods

Mar 22, 2004
Small Businesses and Nonprofits Affected by the Attacks of September 11th Now Have Until April 9th to Obtain Loans
Organizations below 14th Street may be Eligible for Low Interest Loans from Seedco

Mar 22, 2004
HUD funding awarded to Increase Homeownership and Decrease Predatory Lending in Low-Income Communities
Communities in 10 states – AL, CA, FL, LA, MA, MD, NY, TN, TX and D.C. – to benefit

Jan 30, 2004
Local California Organizations Receive Funds for Workforce Development in Disadvantaged Communities
Grants are part of Seedco's and the U.S. Department of Labor's National Effort to Assist Community and Faith-Based Organizations in Five States

Nov 20, 2003
New Funding of $1.4 Million Made Available for Community Development Activities in the State of Alabama


Nov 17, 2003
New Study Shows Post Placement Benefits Can Level Economic Playing Field for Low-Wage Workers


Oct 28, 2003
Seedco Announces Grant Awards to Local Tennessee Nonprofits to Develop Affordable Housing
Local CHDOs Get Training to Continue their Mission of Creating More Affordable Housing

Sep 11, 2003
Seedco Announces Grant Awards to Local Tennessee Organizations to Develop Affordable Housing
Local CHDOs Get Training to Continue their Mission of Creating More Affordable Housing

Sep 09, 2003
Seedco Announces New Leadership Appointments
Diane Baillargeon to serve as President;

Aug 19, 2003
MetLife Foundation Awards Seedco $185,000 to Expand Nonprofit Venture Network
The Nonprofit Venture Network works to help nonprofits develop and run

Aug 14, 2003
Seedco's Board of Directors Announce Four Appointments


Jul 31, 2003
New Shuttle Service Enables Employers to Attract and Retain Workers Along Brooklyn's Waterfront


May 29, 2003
Seedco Names Anne Rader Deputy Vice President for Workforce Development and Housing


Apr 30, 2003
Seedco Awards Grants to Memphis Faith and Community-Based Organizations
Grants are part of Seedco and US Department of Labor's National $650,000 Effort to Assist Community and Faith-Based organizations in Five States Participating in the Federal Workforce Investment Act

Mar 25, 2003
Seedco to Make Technical Assistance Grants to Faith and Community-Based Organizations in Birmingham
Grants Part of State-Wide Effort to Increase Workforce Development Programs for Faith-Based and Community-Based Organizations

Mar 11, 2003
Seedco to Make Technical Assistance Grants to Faith and Community-Based Organizations in Mobile
Grants Part of State-Wide Effort to Increase Workforce Development Programs for Faith-Based and Community-Based Organizations

Mar 04, 2003
Seedco to Make Technical Assistance Grants to Faith and Community-Based Organizations in Birmingham
Grants Part of State-Wide Effort to Increase Workforce Development Programs for Faith-Based and Community-Based Organizations

Mar 04, 2003
New York-Based Seedco's Nonprofit Venture Network Announces Grants to Assist Community-Based Nonprofit Organizations in Tampa Bay
Grants are Key in Developing Social Purpose Businesses in Conjunction with the University of South Florida

Feb 14, 2003
United Way of New York City and Seedco Announce
Multi-Million Dollar Program for Loans and Technical Assistance to Strengthen City's Nonprofits

Feb 04, 2003
Case Studies Showcase Innovative Ideas in Nonprofit Social Enterprise
Not One Formula, But a Diversity of Models Available to Individuals and Organizations

Jan 09, 2003