Founded in 1997, The Progress Fund
provides loans and entrepreneurial coaching to small
businesses in 39 counties of Pennsylvania, the state of West Virginia, Appalachian Ohio and Western
Maryland. As industrial businesses have declined, The Progress Fund has identified tourism as a
high-potential job creator in rural economies. It is the only CDFI and economic development
organization focused specifically on building the tourism industry. To date, The Progress Fund has
provided $28 million in cumulative financing, financed 275 businesses and assisted 2,047 jobs.