Black Cooperative Impact Fund (BCIF) is a 501(c)3, community-based organization that provides zero-interest microloans to the Black business community with a specific focus on communities in the Southern California region. Their vision is to provide a dedicated, reliable, and perpetual source of capital to create assets and build wealth for, and within, the Black community, while also serving as a catalytic force for building a critical mass movement of change based on economic imperatives.
COVID-19 Loans & Grants
As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.
Black Cooperative Investment Fund
Black Cooperative Investment Fund
Area served: Southern California, California Audience: Small Business Owners
LiftFund
LiftFund Georgia
Grow your small business with a 0% interest loan! LiftFund is proud to partner with Community Foundation for Greater Atlanta, The Wilbur and Hilda Glenn Family Foundation, R. Howard Dobbs, Jr. Foundation and Capital One to support Atlanta businesses with recovery funding at zero-percent interest.
Area served: Georgia Audience: Small Business Owners
New Mexico Economic Development Department
Job Training Incentive Program (JTIP)
The Job Training Incentive Program (JTIP) funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to 6 months. The program reimburses 50-90% of employee wages.
Area served: New Mexico Audience: Small Business Owners
Colorado Enterprise Fund
Small Business Loans
With CEF's flexible terms & loan programs, including SBA Microloans, they'll work with you to build a loan that fits your business needs and makes your dream a reality. As a nonprofit Community Development Financial Institution (CDFI) lender, they can usually work with borrowers that have a startup business, lower credit score, tighter cash flow, or limited collateral.
Area served: Colorado Audience: Small Business Owners
Region 10
Region 10 Business Loan Fund
Over the past 30 years, Region 10’s Business Loan Fund (BLF) has assisted 250 local, small businesses, and nonprofits with more than $9 million dollars in loans. Eligible entities include sole proprietorships, partnerships, corporations, limited liability companies, non-profits, local governments & special districts.
Area served: Southwestern Colorado, Colorado Audience: Small Business Owners