Low Income Archives - Small Business Hub

Business Outreach Center (BOC) Network

Business Outreach Center Network’s mission is to improve the economic prospects of traditionally underserved groups, with a focus on low- and moderate-income entrepreneurs and their communities, and thereby create genuinely brighter futures.

The National Community Reinvestment Coalition Community Investment Fund

NCRC Community Development Fund (CDF) provides loans for struggling small businesses & real estate lending for Black, Latino & LMI communities.

Washington Area Community Investment Fund

Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs.

Downtown Bristol Loan Fund

A community redevelopment agency which provides microloans of $2,500 to $25,000 to emerging businesses in Bristol, Virginia, that cannot access traditional financing sources.

People Incorporated

A community action agency which provides business loans to entrepreneurs in the context of broader economic development and low-income housing programs.

Newport News Urban Action Grant Program

Provides loans of up to $250,000 for companies that create new jobs in low- and moderate-income sections of Newport News. Up to $30,000 is available per new job created, or up to $35,000 per new job created in the city’s enterprise zone

Newport News Micro Enterprise Grant Program

This government agency provides grant funding of $500 to $3,500 to micro enterprises in the Southeast portion of the city. The business owner must be low to moderate income or located in a low or moderate income section of the city.

Newport News Virginia Microloan Program

This government agency provides microloans to small businesses including startups that cannot access traditional capital sources. They provide funding of $2,000 to $25,000 at 8% interest rates.

Business Finance Group

Our goal is to build success in small businesses throughout the communities that we serve. This is a flexible program that allows for small financing projects, from $50,000 to $250,000. We specifically target new businesses, veteran owned businesses, or business located in HUB Zones or low-to-moderate income areas.