About Progress Fund
Progress Fund is a Financial Services company founded in 1997. Financing and business coaching are provided for small business growth. Its focus areas include Consumer and SME Loans and Diversified.
Company details
The Progress Fund was founded in 1997 to offer financing and business coaching targeted at small businesses. Resources are extended to support start-ups, expansions, and acquisitions across sectors such as accommodations, local foods, and retail. Entrepreneurs are assisted in venture planning and guided through the borrowing process. Operations focus on various U.S.-based communities, with services designed to foster sustainable business development.
- SectorsFinancial Services
- Website progressfund.org
- Social Facebook
- Latest Funding Round$100K (USD), Grant
Jun 2011
- Investors
Funding Insights of Progress Fund
- Total Rounds 3
- Last Round Grant — $100,000
- First Round $750,000
(Aug 2010)
- Investors Count 3
All 3 funding rounds of Progress Fund with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2011 | $100,000 | Grant | – | – | |
| Mar 2011 | $100,000 | Grant | – | – | |
| Aug 2010 | $750,000 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Progress Fund
Progress Fund has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, U.S. Department of the Treasury and ARC (Appalachian Regional Commission).
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
The U.S. Department of the Treasury is tasked with formulating and implementing fiscal policy for the United States government. | 1789 | treasury.gov | ||
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
Provider of economic development partnership agency of the federal government | arc.gov |
Investor details for Progress Fund
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Progress Fund
1 people are tracked at Progress Fund (1 in leadership).
| Name | Role | Group |
|---|---|---|
David A. Kahley | President & CEO | Leadership |
Complete people profiles for Progress Fund
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Progress Fund
3 dated milestones of Progress Fund across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Progress Fund is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Grant, of $100K.
Web traffic of Progress Fund
The website of Progress Fund (progressfund.org) receives about 3K visits a month.
- Monthly visits3K
▲ 18.3% vs previous month
Websites whose visitors overlap most with Progress Fund. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
breakfastinamerica.me | breakfastinamerica.me | 100% | #6,627,597 | – | |
| progression.fund | 77% | #13,040,264 | View details |
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Frequently Asked Questions about Progress Fund
Progress Fund was founded in 1997 and raised its 1st funding round 13 years after it was founded.
The Progress Fund was founded in 1997 to offer financing and business coaching targeted at small businesses. Resources are extended to support start-ups, expansions, and acquisitions across sectors such as accommodations, local foods, and retail. Entrepreneurs are assisted in venture planning and guided through the borrowing process. Operations focus on various U.S.-based communities, with services designed to foster sustainable business development.
Progress Fund has 3 investors. Key investors include United States Department of Agriculture, U.S. Department of the Treasury, and ARC (Appalachian Regional Commission).