Lenwood V. Long, Sr.
Lenwood V. Long, Sr. is the President/CEO of Carolina Small Business Development Fund (CSBDF), a Community Development Financial Institution (CDFI) and statewide nonprofit organization. The mission of Carolina Small Business is to foster economic development in underserved communities by providing capital, business services and policy research to support small businesses.
In his role as President/CEO of CSBDF, Lenwood has led the organization through a period of transformational growth. In 2009, under his leadership, the organization went through a strategic shift and rebranding, establishing its direct small business lending program. Within five years, loan volume totaled over $35 million. In 2016, the organization rebranded again as the Carolina Small Business Development Fund, ushering in a renewed phase of growth and expansion.
Lenwood has more than twenty-five years of experience in community economic development, human resources and business management. He has held leadership positions in a variety of organizations, including statewide economic and community development agencies, national consulting firms, and nonprofit organizations. Lenwood also served as the Minority Affairs Assistant in the Office of former North Carolina Governor James E. Holshouser and the Chief of Staff for former Congresswoman Eva M. Clayton.
April 16, 2019
Industry News -
Under the new Farm Bill, farmers can receive up to $100,000 through multiple microloan programs that provide flexible access to credit for small, beginning, niche, and non-traditional farms.
April 10, 2019
Industry News -
CDFI Fund Releases Annual Report on Activities According to the report, CDFI program awardees reported more than $11 billion in lending and investment activity, which financed nearly 16,000 businesses in 2018.
April 2, 2019
Policy News -
SBA Administrator Linda McMahon has announced her resignation effective April 12th. In a statement issued on Friday, McMahon said she will be returning to the private sector.