As a certified Community Development Financial Institution (CDFI), LEDC provides alternative microloan options to start-ups and existing businesses that have difficulty obtaining credit from mainstream financial institutions.
We offer loans ranging from $500 to $250,000 to qualified start-ups and existing businesses. Uses capital include:
EatsPlace is a Community Development Financial Institution with a food incubator and restaurant/bar accelerator lab. Our services include business loans, venture capital, and technical assistance to businesses.
CDC SBF offers financing for businesses that have been declined by a bank -- i.e., for startups, small dollar requests, businesses with weak cash flow, high-risk industry, lack of collateral, poor credit if there is a reasonable explanation.
Financial Capital
Flexible financing options, including a range of debt and equity products to meet partner needs.
Knowledge Capital
We leverage years of experience to bring partners business advising, assistance, and training.
Social Capital
The Amber Grant for Women awards $10,000 each month to a woman-owned business. At the end of the year, the program awards another Amber Grant in the amount of $25,000 to one of the (12) monthly winners.
The Cocokind Impact Foundation provides financial grants to female entrepreneurs in health, wellness, and sustainability industries who are focused on creating social impact through business. The Foundation is providing grants of $2,500 to $10,000 to enable female founders with the financial assistance needed to further their business and social impact.
StartHER challenges the biases in venture capital and provides access to the elusive ‘friends and family’ round. For many founders, raising money from friends and family isn’t an option because their existing networks don’t have resources to offer such funds. StartHER aims to give everyone a fair chance by re-shaping funding dynamics, providing access to professional networks and ultimately, becoming home to the new faces of entrepreneurship.
Instacart is committed to help create more equitable outcomes for historically underrepresented entrepreneurs and CPG brands. The Instacart Ads Initiative is an investment of up to $1 million to amplify Black-owned consumer packaged goods (CPG) brands within the Instacart marketplace. Eligible brands will receive Instacart Ads credits to use with the company’s flagship sponsored product offering.
DoorDash has launched a Restaurant Disaster Relief Fund in partnership with Hello Alice. The program will award $10,000 grants to restaurants who are experiencing hardship due to a state or federally declared disaster (NOT due to COVID),
Michael and Susan Dell Foundation funds social enterprises that directly serve or impact children or youth from urban low-income communities in the areas of education, health, and family economic stability (including livelihoods and financial inclusion). These social enterprises may be structured as for-profit or nonprofit entities.