Project Information

  • Client:Local Economic Development Corporation
  • Category:Business
  • Place:United State of America

Client

Local Economic Development Corporation

Challenge

A large corporation wanted to support local small businesses in securing government contracts, but many businesses lacked the necessary funding to fulfill the contract requirements and meet project demands.

Solution

DDHW Consulting partnered with the corporation to create a funding-focused support program, which included:

  • Providing guidance on securing funding, including small business loans and lines of credit, specifically tailored for government contract fulfillment.
  • Offering financial education on budgeting for large-scale projects and managing cash flow during contract execution.
  • Assisting businesses in preparing the necessary financial documentation to qualify for banking institutions.

Outcome:

  • Small businesses secured the necessary funding to successfully fulfill government contracts.
  • Connection of small businesses with banks, for business growth and development.
  • The business strengthened its community impact by building meaningful partnerships with local government agencies and contractors, aligning its efforts with public sector goals to create mutual value.