International Institute of St. Louis – Economic Development
About
Founded in 2007, the IICDC is a 501(c)(3) wholly owned subsidiary of the International Institute of St. Louis. The IICDC is a Community Development Financial Institution (CDFI) of the US Dept. of the Treasury. We collaborate with other CDFIs and community organizations to connect our customers with a broad spectrum of business development services.
The IICDC shares the STL Mosaic Project’s vision of growing our region’s economy through diversity and innovation. We partner with four local banks plus the federal government to capitalize our loan fund.
Our loan products are designed with small business entrepreneurs in mind: The bulk of our loans go to restaurant owners, taxi and Uber drivers, small retail business owners, beauty salon operators, daycare providers, and those operating similar enterprises.
IICDC line of credit lenders are Carrolton bank, Midwest bank, PNC Bank.
Immigrant & Refugee Products
- Business Microloans
- Business Riba Free Loans
- Consumer Credit Builder Loans
- Immigration Loans
- ASSET Program
- Financial Literacy Classes
- Tax Clinic
- Free tax preparation during tax season only (Feb. – April)
Services Provided
Business Planning
- Business Plan Consulting, Development and Review
- Feasibility Studies
- Market Plan Development
- Market Research
- Forming a Business
Management Issues
- Human Resources
- Leadership/Professional Development
Financial Resources and Assistance
- Obtaining Debt Funding
- Obtaining Equity Funding
- Loan Providers (Specialty)
Legal Services
- Forming a Business
Marketing/Sales
- Market Plan Development and Training
Selling to the Government and Large Corporations
- Government and Military Specifications
Regulatory Compliance
- Government Requirements
- Registration, licenses and permits
Starting a Business
- Startup Business Counseling
- Startup Classes
- Registration, Licenses and Permits
- Forming a Business
Mentoring
- One-on-One Counseling
Carlos Suarez
(314) 773-2279