Southern Opportunity And Resilience (SOAR) Fund
The Southern Opportunity And Resilience (SOAR) Fund provides flexible, affordable capital and free business support services to small businesses and nonprofits across the south and southeast to help them navigate and rebuild from the Covid-19 economic crisis. Loans of up to $100,000 are available for small businesses and nonprofits with 50 or fewer full-time employees.
Support for Minority and Women-Owned Businesses
The Community Impact Loan Fund, established in 2016, is an innovative financial tool designed to meet the needs of women and minority-owned small businesses in Florida. With more flexible terms than traditional SBA loans, this loan fund provides neighborhood businesses with the capital they need to grow and expand. Qualified business owners eligible for character loans receive personalized pre- and post-loan guidance.
NDC Multicultural Impact Investing Broward County, Jacksonville, West Palm Beach, Florida-Statewide, SOAR Fund