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OFN Grant Program Funded by Google. org is sponsored by Opportunity Finance Network (OFN) with funding from Google. org.
This program provides critically needed funds to CDFIs lending to businesses in financially underserved communities across America. Grants historically supported CDFIs in offering lower cost, more flexible loan products, building capacity, and enabling technology innovation.
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Or search similar grants →Extracted from the official opportunity page/RFP to help you evaluate fit faster.
OFN launched this grant program with funding from Google. org to provide critically needed funds to CDFIs lending to businesses in the most financially underserved communities across America. These grants enabled member CDFIs to offer lower cost, more flexible loan products, and build capacity to support both the short-term recovery and long-term financing needs of the small businesses they serve, including nonprofits.
OFN awarded $8. 5 million in grants on a rolling basis to member CDFIs in conjunction with a new loan or loan renewal from OFN. Awardees used grant proceeds for operations, loan capital, loan loss reserves, capacity building, or other purposes that supported the objectives of the grant programs.
_Are you a small business looking for funding? Visit About CDFIs for Prospective Clients to learn more about finding and working with a CDFI that fits your needs. _ ### Increasing Capital and Capacity in America’s Communities This report is a snapshot of the early impact Google and Google.
org funding has had on CDFIs and the small and medium-sized businesses they’ve supported during the Covid-19 pandemic. See a condensed version of the report here. Read stories about small businesses supported through the OFN Grant Program Funded by Google.
org. Learn more about Google. org grant recipients: ### Digital Skills Resources Join Google for Nonprofits to help your CDFI spread the word about your work and engage supporters.
### Grow with Google Small Business Fund Supports financing needs of small businesses in distressed communities. Learn how to become an OFN member. ## Looking to invest in small businesses that need capital most?
According to the current listing, eligibility includes: OFN member CDFIs focused on small business lending. Open to smaller, mid-sized, and larger CDFIs. Confirm the full requirements in the official notice before applying.
The current listing shows $75,000 - $750,000 (Historically, for technology grants. General program grants awarded $8.5 million on a rolling basis in conjunction with a new loan or loan renewal from OFN). Verify award ceilings, matching requirements, and allowable costs in the official notice.
OFN Grant Program Funded by Google.org is funded by Opportunity Finance Network (OFN) with funding from Google.org. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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