Bridgeway Capital activates COVID-19 Response Fund to sustain small businesses and nonprofits

“Our COVID-19 Response Fund makes patient and responsive capital available to sustain small businesses and nonprofits that may not be adequately supported by other economic recovery efforts,” said T.J. Bogdewic, President and CEO, Bridgeway Capital, in the statement. “Now, more than ever, our region needs patient capital to ensure that the potential of all communities and entrepreneurs persists through the present crisis.”

Bridgeway Capital debuts COVID-19 Response Fund

Our COVID-19 Response Fund makes patient and responsive capital available to sustain small businesses and nonprofits that may not be adequately supported by other economic recovery efforts,” T.J. Bogdewic, Bridgeway president and CEO, said in a prepared statement. “Now, more than ever, our region needs patient capital to ensure that the potential of all communities and entrepreneurs persists through the present crisis.”

Lenders with a social mission step up to help small businesses survive COVID-19

"With 11 employees on her payroll and desperate for cash flow, Ms. Flanagan on Wednesday morning called her lender, Bridgeway Capital. By that afternoon, Bridgeway had decided to waive payments on Community Kitchen’s five-year $150,000 loan for three months. Nonprofit lenders like Bridgeway, with a deep social mission to support businesses in the Pittsburgh region, were among the first to offer relief to small enterprises that have been smacked hard by the economic fallout."

Beyond the aesthetic value of work by local makers, Katie Schaible, design and development specialist at Monmade, pointed out that buying items like light fixtures and bar tops from makers with fully local supply chains can help a development qualify for LEED certification.

"Beyond the aesthetic value of work by local makers, Katie Schaible, design and development specialist at Monmade, pointed out that buying items like light fixtures and bar tops from makers with fully local supply chains can help a development qualify for LEED certification."

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