About HEDC
HEDC is a company based in Kansas City (United States) founded in 1993. It operates as a B2B, and Non-profit Services. HEDC offers products and services including Microloans, Digital Literacy Courses, Workforce Development, and Belleview Townhomes. HEDC operates in a competitive market with competitors including Highway Benefits, Silver Point, The Working World, Southern AgCredit and North Texas Certified Development Corporation, among others.
- Headquarter Kansas City, United States
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Sectors
EducationFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hispanic Economic Development Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$258.25 K (USD), Grant
Sep 20, 2010
- Investors
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Employee Count
Employee Count
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Products & Services of HEDC
HEDC offers a comprehensive portfolio of products and services, including Microloans, Digital Literacy Courses, Workforce Development, and Belleview Townhomes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers loans to support small businesses and entrepreneurs
Provides online training for digital skills development
Delivers services for job skills and employment support
Develops affordable housing for community members
Funding Insights of HEDC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $258,249
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First Round
First Round
(20 Sep 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2010 | Amount | Grant - HEDC | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HEDC
HEDC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HEDC
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HEDC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hedc Comparisons
Competitors of HEDC
HEDC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Highway Benefits, Silver Point, The Working World, Southern AgCredit and North Texas Certified Development Corporation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cooperative education loans are provided for student financing.
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| domain | founded_year | HQ Location |
Direct lending for corporate and real estate investments with efficient execution.
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| domain | founded_year | HQ Location |
Provider of non-extractive finance for worker cooperatives
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| domain | founded_year | HQ Location |
Offers loans for agriculture, land, equipment, and agribusiness services.
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| domain | founded_year | HQ Location |
Offers SBA 504 loans for real estate and equipment financing to businesses.
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| domain | founded_year | HQ Location |
Specialized financing for rural electric and telecom providers in the US.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HEDC
When was HEDC founded?
HEDC was founded in 1993 and raised its 1st funding round 17 years after it was founded.
Where is HEDC located?
HEDC is headquartered in Kansas City, United States. It is registered at Kansas City, Missouri, United States.
What does HEDC do?
Hispanic Economic Development Corporation focuses on improving Latino lives in Kansas City by offering microloans, digital literacy courses, workforce development, and affordable housing initiatives. It operates as a non-profit, providing bilingual financial services and community events to low-income immigrants and refugees. Through programs like IMPACTO Fund, it facilitates business growth and economic stability, targeting underserved populations in the area.
Who are the top competitors of HEDC?
HEDC's top competitors include Highway Benefits, The Working World and Silver Point.
What products or services does HEDC offer?
HEDC offers Microloans, Digital Literacy Courses, Workforce Development, and Belleview Townhomes.
Who are HEDC's investors?
HEDC has 1 investor. Key investors include HHS.