We are excited to announce that the BIPOC Community Managed Loan Fund is now OPEN!
This is a truly one-of-a-kind fund where BIPOC (black, indigenous people of color) business owners in Southern Arizona can apply for 0% interest loans, ranging from $500 to $10,000 and 5-year terms.
This fund gives access to business owners who are often left behind by traditional economic resources, and our goal is to provide economic power and collective wealth for this underserved community.
And, the most important part, all loan decisions are made by a committee of BIPOC business owners and community leaders!
Applications opened Friday July 1, 2022 and we’ve made some changes to the loan this year.
We’re excited to announce that this loan has shifted into a REVOLVING loan fun! This means the fund is open all year round! No need to rush and apply. We want to make sure that these resources are available when your business needs them.
We are holding an info session Wednesday, July 13 for you to learn more and get your questions answered. RSVP below:
When: July 13, 1:00-2:00pm MST/AZ*
Where: via Zoom
* recording will be sent to registrants
Please share this valuable resource with your community, especially BIPOC business owners in Southern Arizona!
This fund was founded by the community FOR our community. Thank you to our amazing partners – blaxfriday, Startup Tucson, TEP, Cox, BBVA, Women’s Foundation for the State of Arizona, United Way of Southern Arizona, YWCA Southern Arizona, and Tucson Metro Chamber.
We hope to see you there!
– CIC Team and the BIPOC Loan Fund Committee