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New funding system from CBT

Many types of local businesses can take advantage of the Columbia Basin Trusts’s new Impact Investment Fund.

$2 million has been set aside to support opportunities that may be high risk and not offer financial returns to a typical investor.

But the business may benefit basin residents and communities in some other way.

Andrea Wilkie is with Community Futures which will administer the fund.

The funding can be for start-ups, established businesses, profits and non-profits and social enterprises.

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