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What's New at Bridgeway Capital - 2012 Highlights
 Expanded into Erie -- Bridgeway Capital works in 15 counties across western PA. To provide more opportunities in the northwestern part of the state, we opened an office in Erie County in March. In eight short months, we made over $1.6 million in loans to four small businesses (check out Green Lighting LED's video story), and are poised to support even more in the new year with financing and business education.
Launched Community Development Initiative --
 New jobs, small businesses, and nonprofit services are all vital components of regional growth. To make a lasting impact, we also need to focus on improving our neighborhoods. That's why Bridgeway Capital launched a community development initiative, and we are working with partners to revitalize low-income communities in western PA. Manchester in Pittsburgh's North Side is one of our first projects - check out the video story to learn more.
Grew Operations -- Throughout 2012, we grew our credit and lending departments to better meet demand and support our mission of creating a thriving region. Meet our Team, and learn more about us on our website and blog. |
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Celebrating Our Legendary Entrepreneurs
 On the evening of Thursday, November 1, nearly 250 people joined Bridgeway Capital at Heinz Field for "A Legendary Evening" to celebrate the small business owners and community leader "legends" of western Pennsylvania. (Watch a short recap of the evening here.) We paid homage to Pittsburgh's legendary decade of the '70s, highlighted over 40 of our borrowers, and presented our Impact Awards to two very deserving recipients. Our video stories showcased three unique stories during the presentation.
 | | Leo Iron & Metals - video |
Thank you to our sponsors, partners, borrowers, and friends for making the evening possible and for supporting growth in western Pennsylvania. |
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Making an Impact - The Numbers
 At Bridgeway Capital, we measure the impact of our financing and education to determine the effectiveness of our efforts, the benefits to people and the region, and to guide our strategies. Our FY 2011 report includes more details, and read below for a snapshot of our 2012 impact numbers: - 51 loans for nearly $7.5 million
- 81 percent of loans benefited low-income people
- Two 504 loans approved for $1.7 million
- Loans helped preserve 326 jobs and create 49 jobs
- 237 small business owners benefited from business education services
Since 1990 we have made 759 loans for $84 million, which has helped attract nearly $266 million in additional investment. These loans have also preserved or created more than 5,500 jobs.
Thank you for supporting Bridgeway Capital and our mission. Please connect with us on Facebook, Twitter, or on our blog. We look forward to working with you in the new year! |
