Grow with Google Small Business Fund

Overview

Minority and women-owned small businesses, and other financially underserved local businesses, continue to face unprecedented challenges as they navigate COVID-19. The Grow with Google Small Business Fund aims to help these businesses — especially those in distressed communities — survive this unprecedented crisis.

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.

Featured Program Impact

Gem City Market, FCAP client

Gem City Market

A new cooperative market has made its way to Dayton, OH, with the help of financing from Finance Fund Capital Corporation (FCAP). Located in a food desert near downtown Dayton, Gem City Market features affordable, quality kitchen staples, including well-stocked fresh produce and meat departments, as well as specialty, local, and organic products that will make the store a unique draw. FCAP’s funding supported initial startup costs, including working capital.

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Awardees

Learn more about Grow with Google Small Business Fund recipients:

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Current Initiatives

Helping OFN members and partners deliver lasting change where it’s needed most.

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Grant Program Funded by Google.org

Funding CDFIs lending to businesses in disinvested communities across America.

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OFN Membership

Learn how to become an OFN member.

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