January 22, 2018

Woodforest Supports Hill CDC’s First Cohort Aimed at Product-Based Businesses

The Woodlands, TX (January 22, 2018) – Woodforest National Bank, in collaboration with the State of Pennsylvania and Paramount Co-Op, is supporting Hill CDC’s Do It Now: BizU with Paramount Co-Op. This is the first cohort program by Hill CDC aimed at establishing and accelerating product-based businesses. The 12-week program, running through April 2018, consists of weekly 2-hour classes on an array of topics including marketing, financing and goal setting.

“Supporting cohorts and programs like those provided by Hill CDC are critical to the growth and sustainability of small businesses in Pittsburgh and across the country,” said Doug Schaeffer, CRA Executive Director, EVP, Woodforest National Bank. He continued, “We are proud to partner with the Hill CDC to provide programming that helps spur economic growth and increase jobs in the Hill District.”

Hill CDC's Do It Now

Woodforest is funding the facilitator costs for the Do It Now program, and Woodforest bankers volunteer their time to facilitate cohort classes. Additionally, in 2017, Woodforest sponsored, in part, Hill CDC’s BLAST program and Pitch Party that championed entrepreneurs who were seeking funding to start new small businesses.

Marimba Milliones, Hill CDC’s President and CEO added, “Thank you Woodforest for your ongoing support of our initiatives. We are excited to support businesses in the product and innovation space, because these businesses are not as common in developing neighborhoods. We believe fostering their growth will aid in future job opportunities for residents and the redevelopment of our commercial corridor."

About Woodforest

Celebrating over 37 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering outstanding quality customer service since 1980. Woodforest currently operates over 700 branches in 17 states across the United States. For more information about Woodforest National Bank please visit www.woodforest.com.

About Hill CDC
The Hill CDC helps residents and stakeholders to create, promote, and implement strategies and programs that connect plans, policies and people to drive compelling community development opportunities in the Greater Hill District. The Hill CDC understands the connection between a thriving community and a viable business presence. We bring resources to bear in attracting, retaining and expanding new and existing Hill District businesses. As part of our work, we offer business support programming to small businesses and entrepreneurs. To learn more visit http://www.hilldistrict.org

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