Open Loan Applications
Applications are now closed. Check back February 2023 for new application cycle date.
Below you will find access to the loan and grant applications administered by Partners for Self Employment, a community-based lending partner, and The Miami Foundation. Please be sure to review the guidelines for each funding opportunity on the Resources page of our website.
Asset Building Loans
for Entrepreneurs (ABLE)
($5,000 – $100,000)
Asset Building Loans
for Entrepreneurs (ABLE)
Nonprofits
($5,000 – $100,000)
Low-interest, patient financing to support the purchase of vehicles, inventory (i.e., contract financing), to finance a remodel/renovation, business succession, or co-op conversion. A total of approximately $2 million will be lent annually to 30-50 organizations. This includes both for profit and non profits.
Microgrants for Technology
and Equipment
($100 – $20,000)
Collective Real Estate
Ownership
(CREO)
Funding
Funding to support the acquisition of technology, such as hardware and software, including subscriptions and licensing and machinery, equipment, tools, and related assets. A total of approximately $800,000 will be awarded annually to 40-60 for profit organizations.
Down payment assistance up to $500,000 for shared commercial real estate in historically underinvested neighborhoods and corridors to root community businesses and non-profits. A total of approximately $2.2 million will be awarded annually to 4-6 partnerships.