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Success Story: iDropped Cell Phone Repair

Success Story: iDropped Knoxville

Skilled tradesman commits to dream of entrepreneurship Growing up in Jamaica, Tiekel Finnikin spent countless hours helping his grandmother while she sold toys, fruit, jewelry and everything in between. They’d even spend Christmas morning selling on street corners. “I learned early that before you ever try to sell your product or service, you have to

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Epicenter Partners with Pathway Lending and Three Financial Institutions to Launch Small Business Loan Fund in Memphis

Epicenter Memphis announces Memphis Small Business Opportunity Fund

MEMPHIS, Tenn. (June 11, 2018) – Epicenter, the nonprofit entrepreneurship hub in Memphis, and Pathway Lending, a regional nonprofit Community Development Financial Institution (CDFI), have partnered to launch the Memphis Small Business Opportunity Loan Fund, a $15 million fund intended to improve access to capital, particularly for minority- and women-owned businesses. Initial capitalization of the

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Success Story: Urban Story Ventures

Success Story: Urban Story Ventures

Developers use energy efficiency loan program to upgrade historic buildings in Chattanooga’s Innovation District “The best way to explain what we’re doing with these old buildings is that we’re taking a horse and carriage and turning it into a Tesla,” says Jimmy White, President of Urban Story Ventures in Chattanooga. “Looking at the numbers, these

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Success Story: MedCode Professional Career Academy

Success Story: MedCode Professional Career Academy

Mother of 3 launches affordable medical coding academy to give others opportunity for higher paying career Jasmine Hall’s first job in her teens was in medical collections, a role where she found a natural talent for understanding the terminology and explaining bills to patients. Later, as a young mother, Jasmine was looking for a higher

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Success Story: Crescent Sock Company

Success Story: Crescent Sock Company

4th generation tenacity powers oldest continuously operating sock mill in America Crescent Sock Company is a 116-year-old sock mill in rural Niota, Tennessee. Opened to create jobs in this small community, it is currently managed by the fourth generation of the founder. Cathy Allen has taken on the role of CEO and is assisted by

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Wall Street Journal video examines small business growth in America

WSJ Video Response: Small Business in America

WSJ reports on CDFI industry’s responsible funding to entrepreneurs Episode 5 of The Wall Street Journal’s “Financial Inclusion in America” video series hit a familiar note for our staff. The episode shares the stories of two entrepreneurs – one needing expansion capital to scale her business, and the other needing a quick loan for equipment

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Success Story: Collins & Co. Barber Shop

Success story: Collins & Co. Barber Shop

Experienced stylists make the cut as first-time business owners Longtime stylist Tabitha Parsley and master barber Robert Collins worked for years at the original location of Red’s Class Barbershop in Indianapolis. After relocating to Nashville to help run the second location, these young entrepreneurs dreamed of owning their own shop. “One day we looked at

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Travis Hughes Joins Pathway Lending Team

Travis Hughes joins Pathway Lending team

Pathway Lending hires Memphis-based business lender and certified business advisor as VP of Commercial Lending and Client Relations Pathway Lending is excited to welcome Travis Hughes as the newest member of our staff. As our Vice President of Commercial Lending and Client Relations, Travis is leading our efforts to bring funding, education, and support to

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2018 East Tennessee CDFI Forum

2018-CDFI-Forum-East-Tennessee

Bank representatives invited to Knoxville area forum on CDFIs and their role with traditional banks. On Thursday, April 19, the Federal Reserve Bank of Atlanta, the Office of the Comptroller of the Currency, the FDIC and local CDFI’s are hosting the Interagency East Tennessee CDFI Forum. Scheduled for 10am until 2pm at the Magnolia Avenue

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Success Story: JMK Martial Arts & Fitness

Success Story: JMK Martial Arts

New entrepreneur turns passion into family business “This all started because my dad stood up to a bully when he was 15,” says Charles Owens II, owner of JMK Martial Arts. “He stood his ground, but got handled pretty bad by an older, bigger guy. He swore he’d never let that happen again.” Owens’ dad 

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