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Towne Center Set to Begin Construction in Memphis!

For more information about this 77,000-square-foot lifestyle center which will feature a NEOF community call center, please click here>>.

Who We Are:

The National Economic Opportunity Fund (NEOF) is a community development financial institution which has developed a specialized, public-private model focused on accelerating economic development in targeted communities across the country. To accomplish this, NEOF develops Minority, Woman, and Service-Disabled Veteran owned businesses. This model is propelled by entrepreneurs who believe that socially responsible investments and businesses can be the driving force in economic development.

Our model is to build a partnership with a community organization, and then link that organization to local entities in government, business, philanthropy, and education. Using the combined leverage of these partnerships, we raise seed capital for potential new businesses. Because of our unique structure, the companies that we attract create both employment opportunities and revenue streams for the community itself. Also, to ensure sustainability, we offer a wide variety of business incubation and community development consulting services.

Additionally, NEOF has found that Veteran and Service-Disabled Veterans are uniquely suited to drive our business model. We have developed a specialized program that promotes entreprenuerism among Veterans and combines the efforts of Veteran-Owned Businesses with the larger goals of community development.

The basic premise is simple: the best way to redevelop a local economy is to bring in businesses, and the best people to do it are entrepreneurs.