In seeking a partner for Samuel Adams’ Brewing the American Dream, The Boston Beer Company turned to Accion to facilitate lending to hardworking business owners seeking to grow. As the largest nationwide micro- and small business lending network in the United States, we connect small business owners with the accessible financing and advice it takes to create or grow healthy businesses. Since 1991, the five members of the Accion U.S. Network have collectively made over 45,000 loans, totaling over $350 million. Additionally, over 400,000 business owners across the nation have turned to Accion for financial and business advice via workshops, online tools, and one-on-one consultations. Globally, Accion (www.accion.org) is a pioneer in microfinance, reaching millions of individuals through its international network of partners. For more information visit us.accion.org.
Bad Girl Ventures (BGV)
Bad Girl Ventures is a non-profit, highly localized, micro-lending organization located in the historic Over-the-Rhine district and serving startup companies in the Greater Cincinnati region. Founded in 2010, BGV believes that entrepreneurs in the community should have the chance to build a successful business. The goal of BGV is to help them realize their dreams and build sustainability and growth into their own business models. By investing money and coaching those who do not have ready access to traditional financial resources, BGV strives to 1) find those entrepreneurs who are bold, brave and willing to take risk, and 2) build their entrepreneurial skills so they can compete head to head with competing industry leaders. Samuel Adams is working with Bad Girl Ventures in Ohio, to provide one-on-one mentoring and coaching, as well as educational seminars to help small business owners make critical business decisions.
VEDC is the largest non-profit small business lender in California offering direct micro and small business loans through programs including SBA Community Advantage and SBA 504 loans. As a national small business lender, VEDC lends $25 million annually, while providing direct business assistance services to more than 4,000 businesses. With seven offices nationwide VEDC has supported the small business owner for 36 years with the goal of creating and sustaining jobs and businesses in under-served communities. For more information visit www.vedc.org.
Opportunity Fund (www.opportunityfund.com) is a not-for-profit social enterprise helping thousands of California families build financial stability. Our strategy combines microloans for small businesses, microsavings accounts, and community real estate financing. Now California's leading microfinance provider, Opportunity Fund began based on the idea that small amounts of money and financial advice could help people make permanent and lasting change to improve their own lives. Since making our first loan in 1995, our team has deployed over $279 million and helped more than 15,000 low-income Californians.
Working families deserve to live in affordable homes and own successful small businesses -- but too many are unable to turn these dreams into a reality. The Latino Economic Development Center (LEDC) equips Latinos and other D.C.-area residents with the skills and financial tools to create a better future for their families and communities. Participants n our programs learn how to buy and stay in their homes, take control of decisions affecting their apartment buildings, and start or expand small businesses. Learn more at www.ledcmetro.org.
Common Capital is a community loan fund serving Western Massachusetts. We provide financing and business advisory services to small and medium sized businesses and non-profits for community based projects. We are committed to investing our resources to promote a thriving local economy and to improve the lives of people who live and work in Western MA. Every dollar that Common Capital deploys is an investment in job creation, providing job creation, economic opportunity, essential community services, neighborhood rejuvenation, and environmental sustainability. We focus on businesses that are locally owned and that recirculate dollars in the local economy. We know it takes more than money to build a successful business. We support our borrowers with individualized business assistance to ensure that businesses have the resources and capacity needed to succeed and grow. For more information visit us at: www.common-capital.org
Offering a variety of loan products to meet the needs of underserved small businesses, the Rising Tide Community Loan Fund is a certified Community Development Financial Institution (CDFI), whose service area is limited to Lehigh and Northampton Counties. The target population consists of those entrepreneurs with incomes at or below 80% of median and those who reside in or operate businesses in low-income census tracts. Established in 2001, the Rising Tide Community Loan Fund is a separately incorporated subsidiary of the Community Action Committee of the Lehigh Valley, Inc. (CACLV). To learn more about the Rising Tide please visit www.therisingtide.org.