WITH the unemployment life has become a hot topic right now, especially given fresh jitters about unpaid work placement scheme that the Government Features so heavily in the media, it is time that the North East will have to host a national Pinnacle Community Development Finance Association (CDFA), the parent body of the Community Development Financial Institutions (CDFIs) in February.
CDFA established in the last decade for the work Gordon Brown as Chancellor.
The purpose of this organization is to provide public financing, especially in poor areas, to help tackle the unemployment life.
The CDFIs aim is to provide funding for people to go into business for yourself, broader reason is that by using the money to fund the CDFI business, one can see the self-employed as a real alternative to unemployment life.
The event, hosted by Dickinson Dees, steeped in secrecy as the meeting was held "in camera", but given the recent press coverage about the new super-CDFA Government funding worth tens of millions of pounds and the proximity of the peak to the positive news generated by the Department of Business Innovation and Skills (BIS), you might be forgiven for thinking that there may be some good news on the horizon of a new microfinance initiative not too long.
In fact, anyone familiar with how to use the Regional Growth Fund will know again is not allowed publication until all details are agreed.
So for once, speculation on what was discussed at the summit can not be just rumor but hopefully it can be an indicator that the announcement about microfinance initiatives made as early as Easter.
This is a great victory for the North East to host the meeting and the timing could not be better. Just two weeks before the CBI has organized a visit by the vice president of Dame Helen Alexander. Part visiting look at access to finance for small businesses.
After lively debate, Dame Helen is left with the clear impression that the North East is leading the way and microfinance initiatives by hosting one of the micro finance key national organizations in the region two weeks of consultation CBI, this can only serve to reinforce this message.
CDFA established in the last decade for the work Gordon Brown as Chancellor.
The purpose of this organization is to provide public financing, especially in poor areas, to help tackle the unemployment life.
The CDFIs aim is to provide funding for people to go into business for yourself, broader reason is that by using the money to fund the CDFI business, one can see the self-employed as a real alternative to unemployment life.
The event, hosted by Dickinson Dees, steeped in secrecy as the meeting was held "in camera", but given the recent press coverage about the new super-CDFA Government funding worth tens of millions of pounds and the proximity of the peak to the positive news generated by the Department of Business Innovation and Skills (BIS), you might be forgiven for thinking that there may be some good news on the horizon of a new microfinance initiative not too long.
In fact, anyone familiar with how to use the Regional Growth Fund will know again is not allowed publication until all details are agreed.
So for once, speculation on what was discussed at the summit can not be just rumor but hopefully it can be an indicator that the announcement about microfinance initiatives made as early as Easter.
This is a great victory for the North East to host the meeting and the timing could not be better. Just two weeks before the CBI has organized a visit by the vice president of Dame Helen Alexander. Part visiting look at access to finance for small businesses.
After lively debate, Dame Helen is left with the clear impression that the North East is leading the way and microfinance initiatives by hosting one of the micro finance key national organizations in the region two weeks of consultation CBI, this can only serve to reinforce this message.
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