Angola Investment Fund Account Board

The Angola Investment Fund (AIF) was approved by the City of Angola Common Council in August 2013. Through ordinance, the council allocated $1,000,000 from the Major Moves fund to spur economic development in the city. Business loans will be made available to qualified start-up initiatives and existing business expansions.

The purpose of the Angola Investment Fund is to create highly skilled, high wage jobs and stimulate private investment within the City of Angola by providing low interest loans to individuals and businesses that seek to start or grow a business enterprise. The AIF is also designed to leverage technical assistance and seed and venture capital from the Small Business Development Center (SBDC) and Elevate Ventures, Inc. to support business startup and expansion in Angola, Indiana. Contact Council Member, Kathy Armstrong, Karmstrong@angolain.org for more information

All sessions and meetings for the Angola Investment Fund Account Board are held at 5:00 p.m. at City Hall, in Conference Room 205.

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