About Venture North
Venture North Funding & Development is a regional non-profit economic development organization formed through the consolidation of the Chamber Foundation and the Traverse Bay Economic Development Corporation. As the economic development division of TraverseCONNECT, we provide business financing and other services across the 10 county region, and explore opportunities to expand regional, state and national partnerships. Learn More About Venture North HERE!
Our Mission is to support the region’s economic growth and community development efforts by providing funding options, offering technical assistance, and building connections for viable businesses, including low-to-moderate income communities. We strive to be the go-to source for business capital for borrowers in Northwest Lower Michigan who do not qualify for traditional funding or have a gap in financing.
Venture North became a US Treasury Certified “Community Development Financial Institution” (CDFI) in June 2017 to better provide individuals and businesses with opportunities to access funds for local growth, job creation and economic development, with a priority focus on low to moderate income and under served areas. As a CDFI, Venture North puts the region first by investing in local communities and the residents who live here by providing critically needed financing often unavailable from mainstream financial institutions.