Bridgeway gets $1.75 million to invest in small businesses

Bridgeway Capital has received a grant of $1.75 million to invest in small businesses in Western Pennsylvania. The funds were awarded by the U.S. Treasury Department’s Community Development Financial Institutions Fund. Of the total, $1 million is targeted for loans to black-owned businesses that have barriers to obtaining financing; and $750,000 is for enterprises that aim to increase access to healthy foods in communities lacking fresh grocery options.

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