Announcements

Our latest news & announcements

Renaissance news is here to provide relevant small business information that will develop your creativity and critical mind. This is where you can read about what Renaissance is doing in the community that will impact your decision-making process. Let our news be your source of inspiration, knowledge and solutions. Enjoy!

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News & Announcements
News
Predatory Lending is on the Rise – What Small Business Owners Need to Know
April 19, 2022

Since COVID-19’s outbreak, REDC has noticed an increase in clients who have fallen victim to predatory financing schemes that rely on misleading numbers and terminology to disguise extremely high rates of repayment.

Announcements
AAFE and Renaissance EDC Announce $1 Million Emergency Loan Fund to Aid Small Business Displaced In Flushing Fire
March 21, 2022

Asian Americans for Equality (AAFE) and Renaissance Economic Development Corp. (REDC) announced the creation of the FLUSHING DOWNTOWN FIRE EMERGENCY LOAN PROGRAM, a $1 million loan fund to assist small businesses impacted by the devastating fire at East Commercial Plaza, 40-10 Main St., on March 17, 2022

Announcements
Renaissance receives CDFI grant award totaling over $700,000
March 8, 2022

Renaissance is proud to announce that we are the recipient of a U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund grant awarded to support increased lending to small businesses.

Announcements
Renaissance Launches New Advisory Committee to Better Serve Latinx Entrepreneurs – Meet the Women Members
March 8, 2022

Renaissance recently launched an advisory committee that aims to improve our outreach to small businesses in Latinx communities.

Recognitions 
Mayor Adams Hosts NYC’s AAPI Community
February 18, 2022

On February 15, REDC Managing Director Jessie Lee had the pleasure of attending a Lunar New Year breakfast hosted by New York City Mayor Eric Adams, along with select other AAPI NYC non-profit leaders.

New Programs
Renaissance Launches Digital Transformation Program
September 17, 2021

Renaissance Economic Development Corp. (REDC) has kicked off a new program to help small business owners improve online visibility, attract new customers and integrate digital tools into their daily business operations.