The Fresno Metro Black Chamber of Commerce has received a $1,000,000 grant to fund small businesses through the California Office of Small Business Advocate, as part of the $35,000,000 California Dream Fund program project. The grant aims to provide micro-grants of up to $10,000 to seed entrepreneurship and small business creation in underserved small business groups facing capital and opportunity gaps. These micro-grants will be made available to start-up clients participating in intensive training and counseling with FMBCC.
“Access to capital is critical for small business success, and when matched with Technical Assistance, it can make the difference between success and failure for small businesses and entrepreneurs, especially those who are under-resourced to start. With trusted partners like FMBCC, California’s stellar TA network is uniquely qualified and well-positioned to provide services to diverse groups and communities across the state.” Tara Lynn Gray, Director, Office of the Small Business Advocate (CalOSBA).
The Fresno Metro Black Chamber of Commerce is dedicated to promoting black-owned businesses in the Central Valley region of California. FMBCC offers numerous programs and services to help these businesses grow and succeed, including access to capital, training and education, networking opportunities, etc. With these new funds, FMBCC can help more small business owners across Central California get the resources needed to grow their company and create jobs.
“The Dream Fund provides our technical assistance center with an opportunity to support our small businesses and entrepreneurs by giving them access to capital. The funds will not only provide some financial relief, but will also give hope for our small business members and entrepreneurs who are working hard to start, scale, or sustain their businesses during this pandemic crisis.” Cassandra D. Little Ph.D. Fresno Metro Black Chamber of Commerce, CEO.
To qualify, applicants must have established their business after July 1, 2019, meet the definition of a new business start-up, have completed a defined small business/entrepreneurship curriculum, and received one-on-one counseling with FMBCC.
The application window is now open. Applicants are encouraged to apply through our website.
The California Dream Fund Program is funded by the State of California and administered by the California Office of the Small Business Advocate. Eligibility criteria apply.