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Find similar grantsPage documents 2021-2022 Year One results only; no indication program is currently accepting applications.
Small Business Impact Grant Program is sponsored by Community Foundation of Greater Birmingham. This program aims to help small, underserved businesses in the region grow and thrive by building the capacity of lenders to provide flexible capital and technical assistance.
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Small Business Impact Grant | Community Foundation of Greater Birmingham Small Business Impact Grant Positioning underserved businesses Small Business Impact Grant Program In 2021, the Community Foundation made $1,155,000 in grants to six mission-driven lenders through the Catalyst-funded Small Business Grant Program. Our goal was to help small, underserved businesses in the region grow and thrive.
Our premise was that helping lenders build capacity to provide flexible capital and technical assistance would give business owners a fair shot at success. The Small Business Impact Grant supports a broad range of underserved business owners but includes a particular focus on African Americans, who make up 28% of our metro’s population but own only 3% of businesses with employees.
75 small, underserved business owners received loans through the Small Business Impact Grant Initiative in the first year of the grant. Of the 75: The six mission-driven lenders who partnered with the Community Foundation on the initiative report that from 2021 to 2022::
According to the current listing, eligibility includes: Mission-driven lenders (who then support small, underserved businesses). Confirm the full requirements in the official notice before applying.
The current listing shows $1,155,000 in grants to six mission-driven lenders (in 2021). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Small Business Impact Grant Program is funded by Community Foundation of Greater Birmingham. 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.