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Find similar grantsSouthern Opportunity And Resilience (SOAR) Fund is sponsored by Grow America. This opportunity supports mission-aligned projects and measurable outcomes.
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Southern Opportunity And Resilience (SOAR) Fund - Grow America Southern Opportunity And Resilience (SOAR) Fund Investing in the South’s Small Businesses and Community Nonprofits The Southern Opportunity And Resilience (SOAR) Fund provides flexible, affordable capital and free business support services to small businesses and nonprofits across the south and southeast to help them navigate and rebuild from the Covid-19 economic crisis.
The goal of the fund is to support as many small businesses and nonprofits as possible, but not all organizations will be matched with a participating community lender based on each lender’s initial criteria. If matched, choose NDC!
Starting in late April 2021, loans of up to $100,000 will be available for small businesses and nonprofits with 50 or fewer full-time employees in the following states: Alabama, Arkansas, Delaware, Florida, Georgia, Louisana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington, D. C. , and West Virginia.
Qualifying small businesses and nonprofit organizations can get loans up to three months of pre-Covid revenue, with a maximum loan size of $100,000. The loans will need to be paid back over a 5- or 6-year term with a fixed annual interest rate of 4. 0 – 4.
5% for businesses and 3. 0 – 3. 5% for nonprofits.
The first twelve months of payments will be interest-only, with fixed monthly payments thereafter. Please note, this program is not associated with the federal Paycheck Protection Program (PPP) or any other Small Business Administration program. The loans are not forgivable in part or whole.
NDC has been lending to small businesses for more than thirty years. We strongly encourage women and minority businesses to apply. If you are matched with NDC, choose NDC!
Special thanks to our funder Wells Fargo. Leave this field empty if you're human: Adam Ennis Named Next President & CEO of Grow America June 30, 2026 What Is an Equity Injection—and Why It Can Make or Break an SBA 7(a) Loan June 16, 2026 6 times you should pick up the phone and call your lender June 11, 2026
According to the current listing, eligibility includes: Small businesses and nonprofits with 50 or fewer full-time employees in Alabama, Arkansas, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virgin…. Confirm the full requirements in the official notice before applying.
The current listing shows up to $100,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Southern Opportunity And Resilience (SOAR) Fund is funded by Grow America. Verify program details on the funder's official page before applying.
This opportunity targets applicants in 13 states, including North Carolina, South Carolina, Mississippi, Louisiana, and Tennessee. Check the official notice for the full list.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The SBA's E2G grant funds up to 10 organizations at an average of $5M each to deliver training and technical assistance to small manufacturers in 13 critical industries. The three-year continuous operating requirement is the eligibility cliff that will eliminate most newer trade groups and university centers.
Read articleThe SBA's new $50M Empower to Grow (E2G) manufacturing grant initiative announced May 6 funds only 10 awards of $5M each, restricts applicants to organizations with three years of continuous operation and documented hands-on manufacturing training capacity, and pairs the grant program with a 90 percent Made in America loan guarantee. The eligibility floor — not the funding ceiling — is the operative constraint.
Read articleSBA's new E2G Manufacturing Grant funds 10 organizations to train small manufacturers in aerospace, robotics, and advanced manufacturing. Deadline June 15, 2026.
Read article