Annual Reports
Community Dividend
The Neighborhood Development Center, a St. Paul-based nonprofit agency that provides loans and assistance to inner-city small business owners, was recently named 1 of 17 grant recipients under the 2004 Hewlett Packard Company (HP) Microenterprise Development Program.
HP launched the program in 2003 to recognize and support nonprofit microenterprise development agencies that serve clients in low-income communities. A multiphase review process was used to select the 17 grantees from a pool of 327 applicants. Each recipient will receive equipment, cash, services and technical support worth a total of $150,000 to $250,000.
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