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Showing posts from February, 2015

CFCW renews investment in CAP Services’ lending arm

The Community Foundation of Central Wisconsin (CFCW) recently renewed its investment of $200,000 in CAP Services’ business loan fund for an additional three years. The fund is administered by Community Assets for People LLC (CAfP), a division of CAP Services.

“CAP Services’ loan fund is an excellent socially responsible investment for us,” said Terry Rothmann, CFCW Executive Director. “Their approach to economic development dovetails nicely into our mission of making Portage and Waushara counties better places to grow, work, play and retire.”

CAfP uses investments for lending targeted at low-income entrepreneurs, businesses creating jobs that commit to hiring low-income people, and existing businesses positioned for rapid growth that need quick access to capital.

Businesses in this last group are ready to make a leap in growth but lack the financing for more space, working capital and equipment. Loans in this group – which the CFCW’s initial 2010 investment was used for – do not have job…

REF - Shantytown Snowmobile Club Technical School Scholarship Fund

The Community Foundation of Central Wisconsin welcomes REF-Shantytown Snowmobile Club Technical School Scholarship Fund to its family of funds.

“The fund will offer an annual scholarship to a graduating senior from Rosholt High School who is planning to attend a technical school/college and whose family has been a member of a snowmobile club for at least two years and the applicant is an active member in the snowmobile club.” said Terry Rothmann, Executive Director.