Bean Farmer

Grow with Google Small Business Fund

Overview

Minority and women-owned small businesses, and other local businesses underserved by mainstream finance, continue to face unprecedented challenges resulting from COVID-19 and longstanding racial inequity. The Grow with Google Small Business Fund aims to help these businesses overcome these crises.

The fund’s long-term, low-cost capital is helping OFN member community development financial institutions (CDFIs) support both the short-term recovery and long-term financing needs of the small for-profit and nonprofit businesses they serve across America. In December 2021, OFN reached full deployment of the fund through $168.8 million in loans to member CDFIs.

Are you a small business looking for funding? Visit About CDFIs for Prospective Clients to learn more about finding and working with a CDFI that fits your needs.

Gem City Market, FCAP client

Increasing Capital and Capacity in America’s Communities

This report is a snapshot of the early impact Google and Google.org funding has had on CDFIs and the small and medium-sized businesses they’ve supported during the Covid-19 pandemic. See a condensed version of the report here.

Read the Full Report

Impact Stories

Read stories about small businesses supported through the Grow with Google Small Business Fund.

Read Stories

Awardees

Learn more about Grow with Google Small Business Fund recipients:

Related

Digital Skills Resources

Join Google for Nonprofits to help your CDFI spread the word about your work and engage supporters.

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Grant Program Funded by Google.org

Funding CDFIs lending to businesses in disinvested communities across America.

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OFN Membership

Learn how to become an OFN member.

Join us!
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