The Afro Caribbean Business Network Foundation is excited to announce our new MicroLoan Fund to help entrepreneurs of African and Caribbean heritage get access to low interest loans. Special thank you to Alterna Savings, Empowered 4x, SETSI, and Dream Legacy Foundation as well as the other 40 organizations that have signed on to support our work. The government loan program that was announced within their 221 Million dollar program for Black Entrepreneurs is currently designed to give out loans between $25,000 and $250,000. The research that ACBN has been able to do in the community saw that loans between $500 and $15,000 were also needed so this Loan Fund was created to fill the gap. If you are a Black entrepreneurs having trouble getting funding at traditional banks sign up today by filling out our financial needs assessment form here and we will help you get the funding you need.
Black Entrepreneurs Making Waves During the COVID 19 Pandemic
Black entrepreneurs have faced unprecedented barriers in the marketplace worldwide for hundreds of years. Many Black entrepreneurs are less likely to receive venture capital funding and many lack the knowledge and expertise to navigate the marketplace.
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