Small Business IncubatorPlanned

June 09, 2005, 1:00 a.m. EDT 1 Min Read

CARLISLE, Pa. - (06/09/05) -- The Cumberland County EconomicDevelopment office is inviting all area credit unions and banks tojoin it in a new investment fund that will provide start-up loansfor small businesses. The Cumberland Business First program willcombine private funding from credit unions and banks with countyfunds to provide low-interest loans for small businesses. Eligiblebusinesses will have less than 100 employees and be prepared to addnew jobs over a three-year period. All credit union and commercialbanks with at least one active branch or operation in CumberlandCounty are immediately eligible to participate in theprogram.

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