Tips from a Loan Officer for a High Value Revolving Loan Fund (RLF)

An effective Revolving Loan Fund (RLF) can be an impactful and valuable instrument for Economic Development Districts (EDDs) to support small businesses in their regions.Traditional banking institutions may have rigid or risk-averse requirements concerning past lending history, collateral, or loan amounts that can restrict the ability of entrepreneurs to secure capital investment. EDD RLFs can provide prospective borrowers with more flexible lending agreements that creates opportunity and makes capital more accessible in the region.

Read the Tips from a Loan Officer for a High Value Revolving Loan Fund (PDF) here.

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Applications cannot be saved and returned to at a later time. It is recommended you compile all of your information in advance in a word processor and cut and paste into the application below.

2023 Impact Awards

Organization Name

The primary applicant must be a NADO member. Project partners, both NADO and non-members, can be recognized under "Project Partners" below.

Primary Project Contact:
This person will be the designated point of contact for all future awards-related correspondence.

First Name

Last Name

Title

Phone

Organization Address

Street Address

Address Line 2

City

State

Zipcode

Project Location (if different from Organization Address)

Street Address

Address Line 2

City

State

Zipcode

Executive Director

First Name

Last Name

Additional Organizational Information

Organization Website

Organization Logo

Please upload your organization's logo which will be included on the winning project award certificate.

Facebook Page Link (if applicable)

Twitter Page Link (if applicable)

Project Information

Project Title

This title will be printed on the award certificate for winning projects and in all 2022 NADO Impact Award materials and cannot be changed.

Project category (choose one)

If you chose "Other" above, describe your project category in 3-5 words.

Project Website (if applicable)

Project Summary & Questions
Please craft clear, thoughtful, and engaging responses to the following questions. Use the following sections to tell us how your project has made an impact, such as its use of creative funding mechanisms, efforts to create efficiencies or reduce costs, unique partnership models, and emphasis on building resilience and/or enhancing your region's quality of life.

For award-winning projects, the information provided below may be used verbatim to inform project descriptions that will be published in the 2023 NADO Impact Awards materials and included on the NADO website.

Please describe your project in one sentence

Brief Project Summary

What was your organization's direct role in the project?

What are the project's accomplishments or results to date?

How does this project support your region's vision for economic development and improved quality-of-life?

What makes this project impactful and deserving of an award?

Does this project support or relate to your region's Comprehensive Economic Development Strategy (CEDS)? If yes, in what ways?

Project Partners (please list each partner, separated by a semicolon)

Project Photos

Please submit at least one photo showing your project in action. Please keep file size to a minimum (<2Mb) and use JPEG format. If uploading multiple files, ZIP files prior to submitting. If you have trouble uploading images they can be directly emailed to Brett Schwartz at [email protected]. Include the project title they correspond to in the subject line of your email.

Note: Submitted photos may be used in NADO Impact Awards materials and in other NADO published materials with credit to your organization. Please also consider submitting photos for NADO's 2023 Photo Contest, which will be held this summer.

CLICK THE LINK BELOW TO SUBMIT THE APPLICATION - PLEASE BE PATIENT! IF YOU DO NOT SEE A CONFIRMATION, YOUR APPLICATION WAS NOT RECEIVED.
Your application is not submitted until you are directed to a confirmation page. If you have any questions or are unsure if your application has been submitted, please contact Brett Schwartz at [email protected]