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What’s immito? LISC’s Powerful New Catalyst for Small Businesses

Expects to do $100 millionin annual lending.

9.18.2018 - - LISC is ramping up its national economic development work with the launch of a new small business lender called immito. “Nothing catalyzes opportunity in a community like new businesses launching and expanding,” said Maurice A. Jones, LISC president and CEO. immito is expected to do $100 million in [...]

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What is LISC?

The Local Initiatives Support Corporation, known as LISC, is one of the largest organizations supporting projects to revitalize communities and bring greater economic opportunity to residents. These include more affordable housing, better schools, safer streets, growing businesses and programs that improve the financial outlook of people. We provide the capital, strategy and know-how to local partners to get this done. Our work impacts the lives of millions of Americans in both rural areas and urban centers across the country. See our reach as a national nonprofit and see how we work.

Grants
$1 billion
Loans
$3.8 billion
Equity
$13.7 billion
Since 1979
$18.6 billion
total investment
leading to
$56 billion
in total development
It’s Time to Re-evaluate the Value of Skills Training

As students of all ages head back to school this season, Thomas Orr, a senior program officer in charge of workforce development programs for LISC Indianapolis, delves into the outdated ways we gauge the value of higher education. At a time when millions of people are in need of living-wage jobs, while millions of middle-skills jobs sit vacant, apprenticeships and other alternative pathways to satisfying careers make more sense than ever.. [...]

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