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.
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.
Impact Stories
Read stories about small businesses supported through the Grow with Google Small Business Fund.
Awardees
Learn more about Grow with Google Small Business Fund recipients:
- Access Plus Capital
- Access to Capital for Entrepreneurs (ACE)
- Accompany Capital
- ACT! Albany Community Together, Inc.
- African Development Center
- Allies for Community Business
- AltCap
- Appalachian Community Capital (ACC)
- Black Business Investment Fund (BBIF)
- BOC Capital
- Bridgeway Capital
- California FarmLink
- Citizens Potawatomi Community Development Corporation
- Coastal Enterprises, Inc.
- Community First Fund
- Community Ventures
- Community Vision Capital & Consulting
- CommunityWorks
- Craft3
- The Disability Opportunity Fund
- Entrepreneur Fund
- The Enterprise Center Capital Corporation
- Finance Fund Capital Corporation
- Grameen America
- Harlem Entrepreneurial Fund
- Hope Enterprise Corporation
- ICA Fund
- Justine PETERSEN Housing and Reinvestment Corporation
- Kentucky Highlands Investment Corporation
- Latino Economic Development Center (LEDC)
- LiftFund
- Main Street Launch
- Metropolitan Economic Development Association (Meda)
- MoFi
- Mountain Association
- Natural Capital Investment Fund (NCIF)
- New Jersey Community Capital (NJCC)
- Nonprofit Finance Fund
- Opportunity Fund
- Opportunity Resource Fund
- People Trust Community Loan Fund
- PeopleFund
- PIDC Community Capital
- Primary Care Development Corporation
- Propel Nonprofits
- Reinvestment Fund
- Renaissance Community Loan Fund
- Rural Community Assistance Corporation
- Self-Help Ventures Fund
- Southern Bancorp
- True Access Capital
- TruFund Financial Services
- Washington Area Community Investment Fund (Wacif)
- Wisconsin Women’s Business Initiative Corporation (WWBIC)
- WomenVenture
- Working Solutions