Program Guidelines and Requirements
• Loan amounts: $500 to $10,000
• Term: up to 5 years
• Interest Rates: 0%
• Loan Fees: $0
• At least 50% of business ownership must identify as BIPOC
• Business must be located in SOUTHERN ARIZONA (defined as Casa Grande or south) • Business can be in any stage including startups
• Completion of application online via video, audio or text, or paper application submitted.
Loan funds must be used for business purposes. Businesses cannot be engaged in any of the following activities: multilevel marketing/direct sales, financial services, illegal activities.
BIPOC Community Managed Loan Fund Application: Step One
This is the first of two steps of the BIPOC Community Managed Loan Fund Application process. Please take time to complete this form at which point you will submit this form and be sent a confirmation email with directions, including a unique link to complete Step Two: Your Business Story via the VideoAsk platform. For Step Two: Your Business Story, you will be welcome to submit your responses in video, audio, or text. All responses can be created in the platform or uploaded/copy and pasted. Please begin Step One below.
Owner Demographics
List proprietors, partners, officers, directors, and all holders of outstanding stock. 100% of ownership must be shown. 50% ownership must identify as BIPOC to
qualify for this program. Not applicable for nonprofits.
Step One Complete
Congratulations on completing the first step in applying for the BIPOC Community Managed Loan Fund! The second and final step is to tell us your story. We are using VideoAsk to collect the information and you can submit your answers via video, audio, or text.
Once you submit this portion of the application you will receive confirmation via email with instructions on your next steps. Information on Step Two: Your Business Story is also available below.