Erie Inclusive Fund Launched

After a successful pilot program, the Erie County Gaming Revenue Authority and Bridgeway Capital unveiled a $5 million investment fund to spark minority entrepreneurship in Erie County. Surrounded by local and state officials, they launched the Erie Inclusive Fund Monday at Learning Ladder Early Childhood Education Center. It's a growing, minority-owned business started by Kenya and Sean Johnson in the former Forward Hall building on Peach Street. Learning Ladder, which benefited from a loan, is the kind of business ECGRA and Bridgeway hope to grow. They are investing half of the loan fund in minority-owned businesses over the next three years.

Mover of the week Jimmy Jackson, Erie Office Director, Bridgeway Capital

ERIE TIMES - James “Jimmy” Jackson has been named director of Bridgeway Capital’s office in Erie. Jackson will lead Bridgeway’s efforts to provide capital to invest in small businesses, develop communities, increase access to healthy foods and expand social services. Since opening its Erie office in 2012, Bridgeway has invested $20.5 million in northwestern Pennsylvania, lending money to people and organizations unable to obtain conventional financing.

Bridgeway Capital names Jimmy Jackson as its Erie Office Director

Erie, Pennsylvania – November 14, 2018 – Bridgeway Capital announces that James “Jimmy” Jackson has been selected as the Director of Bridgeway Capital’s office in Erie, PA. Jimmy Jackson comes to Bridgeway from Marquette Savings’ Business Banking division, where he held the position of Assistant Vice President, Business Banking, having extensive experience with business development, relationship management and credit support.

Jimmy Jackson will lead Bridgeway’s efforts in Erie to provide flexible capital to ignite small business growth, develop communities, increase access to healthy foods, and expand social services. Since opening its Erie office in 2012, Bridgeway has invested $20.5 million in people and places in Northwestern Pennsylvania that cannot access mainstream sources of finance.

Qualified Opportunity Zones will offer help to struggling communities, but big questions loom

Investors and community groups around the Pittsburgh region and country are eagerly awaiting guidelines and regulations for the U.S. Department of the Treasury’s Qualified Opportunity Zone (QOZ) program.
The QOZ program was added as a provision on the controversial tax reform bill passed by Congress last year. Under the program, investors would be able to avoid taxes on capital gains by investing those gains into Qualified Opportunity Zones.

1 2 10 11 12
Back to Top