Access to Capital Directory for Black Entrepreneurs

The mission of 100 Black Angels & Allies Fund I is to align smart, affluent, innovative and skilled Black and ally capital to build a scalable and sustainable Black technology, startup entrepreneurship and venture ecosystem that powers a global diasporic engine and platform to ensure that Black people everywhere are equitably represented at all levels in the future of work, startup ecosystem and forthcoming 4th Industrial Revolution as a definitive path to decreasing income inequality and the racial wealth gap. This is the path to shared prosperity and multi-generational wealth creation with no reliance on pre-existing multi-generational wealth. We are looking for high-growth, enterprise-focused early-stage companies, scalable ecosystem building companies, and venture funds with Black general partners.

1843 Capital was created in 2016 as an early stage venture capital firm with a difference. We are managed differently; our executive team are women. We invest differently; we value diverse founders and board members. We engage differently; with capital, counsel and connectivity. Our values: Integrity: we approach every interaction and challenge with a strict adherence to a moral code. Diversity: we value diversity of thought, geography, gender and race. Distinction: we treat each investment with honor, special favor and superior attention.

1843 Capital was named for the year Ada Byron Lovelace is credited with writing the first computer program. As the only legitimate daughter of poet Lord Byron, Ada found poetry in numbers and is credited with recognizing the full potential of Charles Babbage’s analytical engine. At 1843 Capital we wonder: “what would have happened if Ada was funded.”

We accelerate Black and Brown entrepreneurs from high potential to high growth, through rigorous leadership training and strategic market access. Core to our programs is improving operational efficiency, reducing execution risk and catalyzing growth through our rigorously developed, process based curriculum. This curriculum is composed of six key areas of focus: marketing, sales, fundraising, finance and accounting, product, and operations.

3CORE is a private, nonprofit corporation that works as the economic development planning and coordinating agency for California’s Tri-County region, composed of Butte, Glenn and Tehama counties and the nine member cities located therein. We will help you secure your next small business loan. Our mission is to cultivate healthy businesses, because people matter.

3CORE manages multiple revolving loan funds to meet local financing needs. 3CORE loan proceeds may be used for any of the following: Working capital, purchasing land, buildings or existing businesses, purchasing furniture, fixtures, machinery and equipment, business expansions or startups, leasehold improvements and lines of credit. 3CORE typically finances loans between $25,000 and $250,000. However, we will consider requests outside this range under certain circumstances. Loan terms are generally between three and seven years. Loan terms for purchasing land, buildings or businesses may be up to 15 years. Interest rates range between 6 and 10 percent dependent on market conditions. Most loan terms feature a fixed interest rate.

3CORE also has a Small Business Disaster Interruption Loan Program. This is not designed to compete with SBA Disaster Loan Programs, but will compliment those programs by filling potential lending gaps. Program includes business working capital loans in an amount between $10,000 and $100,000, depending on each business’s individual needs. Larger loan requests with alternate rates and terms may also be considered.

By listening intently and tailoring assistance to each specific business’ need, the Tri Counties Bank/3CORE Minority Owned Business Campaign will create a support network. Through mentorship, customized technical assistance engagements and strategic financial assistance, this program will ensure business growth and long-term success.

Our global flagship funds are the original series of funds that helped start it all. Our strategy has been to operate as an active and global early-stage investor. Once invested, we provide a network of mentors to founders that focus on growth marketing and digital distribution—intended to take their early traction metrics and improve them for subsequent financings and increase in valuation.

In order to generate high-volume deal flow, provide structured portfolio support, and build a strong brand in the startup world, we established our Seed Accelerator program. Over the past decade, we have refined our strategies and continue to invest across the globe in the world’s most promising founders.

We are an institution founded and led by African-Americans who celebrate diversity and equal opportunity. While we invest across different markets and remain open to a variety of new businesses, we are currently excited about the following themes: applications of personalized consumer, SaaS for the second wave, the engineering value claim revolution, and the rise of citizen professionals. As a firm, one of our key long-term focuses over the years has also been supporting broad change in the education, mentorship and training of young people, particularly African-American kids.

Start up, strengthen or expand. No matter what your business goals are, Access Plus Capital is here to help you reach them. We want for you and your business to succeed. We know that starting a business or growing an existing one is a risky step, but we strongly believe that taking that step is an essential part of any business’ life cycle. Here at Access Plus Capital, we help assist with the biggest part—funding. Headquartered in Fresno and Central California focused.

Eligibility requirements: Credit check and 1:1 collateral. Short on collateral? We have government guarantee programs. Loan uses include startup, equipment purchase, working capital, building improvements, and inventory purchase.

Small business owners uplift communities and anchor local economies, while creating opportunities for themselves, their families, their employees, and our neighborhoods. Yet entrepreneurs who are people of color, women, and immigrants often struggle to secure capital and resources, as they are systematically shut out from traditional financing. In 2020, Accion Opportunity Fund was formed as Accion U.S. Network and Opportunity Fund came together. Together, we fight for an inclusive and accessible financial system so small business owners of all identities can thrive.

At Accion Opportunity Fund we work closely with small business owners to provide them with fairly priced loans, educational resources, coaching, and support networks in English and Spanish. Opportunity Fund still remains the lending arm of Accion Opportunity Fund. Serves 45 states.

Early-stage startups often lack access to the capital and support they need to grow. Accion’s seed-stage investment initiative, Accion Venture Lab, provides financial and post-investment support to address these needs. Investing since 2012, and backed by third party commercial and impact investors since the launch of our fund in 2019, we typically invest U.S. $500,000 in seed-stage startups and can continue to support companies as they grow through follow-on capital that drives scale. Accion Venture Lab is an active and engaged investor, creating value in our portfolio by providing investees with strategic and operational support across a broad range of functional areas.

We look for startups that are leveraging new technologies, data, and analytical tools to acquire, engage, and serve previously underserved individuals and small businesses. We like innovative customer engagement models that blend tech and touch to create seamless user experiences. We are excited about new approaches that focus on financial health and building financial capabilities as they provide critical products and services to consumers.

Accompany Capital creates a pathway to self-sufficiency for immigrant and refugee entrepreneurs in New York City by providing access to affordable credit, empowering with financial education, and offering training in best business practices and technology.

Credit Building Loans: A good credit score can save you more than $200,000 over the course of your lifetime. We can help you establish or improve your credit rating with a credit enhancement loan of up to $2,000. We also offer free workshops on how to improve your credit score, understand your credit report, and find and correct any errors your credit report may contain.

Microloans: Access to even small amounts of working capital can help businesses – and lives – move forward in significant and lasting ways. We can provide you with financing to help you get started, help you expand, or help you refinance an existing loan, with microloans ranging from $500 to $50,000, and terms of up to three years.

Small Business Loans: As a Community Advantage lender, we can help you take your business to the next level with an SBA-guaranteed small business loan. These loans range from $75,000 to $250,000 and are available to any qualifying small business in Queens and Staten Island, and to qualifying immigrant, refugee or women-owned businesses in Brooklyn, Manhattan, and the Bronx.