CEDA Continues Business Equity Fund Support With CIC
City of CharlottesvilleCity · Charlottesville, VA- Disclosed value
- $50,000 contribution to Business Equity Fund loan pool (COVID response) plus ongoing pool support (amount not fully specified)
- From agenda
- Document date
- Dec 9, 2025
The 30-second brief
The Charlottesville Economic Development Authority allocated $50,000 in 2020 to the Business Equity Fund loan pool managed by Community Investment Collaborative and has continued supporting the pool through FY25. The partnership provides low-interest loans to minority-owned and small businesses in Charlottesville.
Community Investment Collaborative holds this financial services contract with City of Charlottesville. Its other public contracts on record include work for Virginia Department of Small Business and Supplier Diversity (SBSD) and Virginia Growth and Opportunity Board (GO Virginia).
Term as filed: Initial $50,000 allocation March 31, 2020; ongoing pool management in FY25.
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Contract details
- Contract type
- Financial Services
- Amount
- $50,000 contribution to Business Equity Fund loan pool (COVID response) plus ongoing pool support (amount not fully specified)
- Document date
- December 9, 2025
- Term
- Initial $50,000 allocation March 31, 2020; ongoing pool management in FY25
- Agency
- City of Charlottesville
- Source document
- Charlottesville Economic Development Authority Meeting Agenda December 2025 (Agenda)
Community Investment Collaborative's other public contracts
More City of Charlottesville contracts
Questions about this contract
Who was awarded the financial services contract by City of Charlottesville?
Community Investment Collaborative was awarded this financial services contract by City of Charlottesville, as recorded on December 9, 2025. The contract value is $50,000 contribution to Business Equity Fund loan pool (COVID response) plus ongoing pool support (amount not fully specified).
How much is the Community Investment Collaborative contract with City of Charlottesville worth?
The Community Investment Collaborative contract with City of Charlottesville is valued at $50,000 contribution to Business Equity Fund loan pool (COVID response) plus ongoing pool support (amount not fully specified), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Charlottesville Economic Development Authority Meeting Agenda December 2025 (Agenda), dated December 9, 2025 from City of Charlottesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Community Investment Collaborative hold?
Community Investment Collaborative may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Charlottesville currently buying?
Explore City of Charlottesville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.