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News Archives

April Relief Payment

The Progress Fund was mentioned in the Tribune-Review article “Allegheny, Westmoreland groups offer help to region’s small businesses during tough time” published on Wednesday, March 18, 2020.  Read the full story.

“To Infinity and Beyond!”

Riley’s Pour House takes us to the top We are numbers people, numbers enable us to measure results. So, $75,000,000 is a big important number to us. With our recent loan to Riley’s Pour House in Carnegie PA, The Progress Fund has made over $75,000,000 loans to small businesses across Pennsylvania, West Virginia, Maryland and Ohio. The results from those … Continue reading

Related Project: Riley's Pour House

Nonprofit funders are growing craft beverage producers in Appalachia

Our Craft Beverage Fund supports budding local brewers, distillers and winemakers. Because we’re a nonprofit, we can give tastemakers extra help with uniquely designed terms to grow their boozy business. We can accept offbeat collateral like grapevines or bottle labels, and help beverage makers get more funding for better equipment or the freshest, more high-quality ingredients— so they can craft every sip. … Continue reading

Ingredients for Success

The Progress Fund and its Trail Town Program® were mentioned in a recent article about the growing resources available for trail-based businesses. As the economic impact and use of regional trails increases, community-focused organizations are helping entrepreneurs take advantage of trail-driven economic opportunities in their towns. Through the development of business plans, project financing and entrepreneurial coaching, each organization offers … Continue reading