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Funded Grants

Minority Business Loan Fund

Grantee: Small Business Empowerment Center

Grant Details

Project Lead Kevin Wilson
Program Area Workforce, Small & Midsize Businesses
Amount $1,919,356
Year Awarded
Duration 2 years
Summary The Small Business Empowerment Center (SBEC) uplifts entrepreneurs in their journeys to impactful business ownership. The nonprofit is expanding its capacity to support minority-owned small business, which often face significant barriers to accessing financial capital and technical assistance. JSMF’s investment will allow SBEC to grow its staff and establish a revolving loan fund to provide working capital to minority entrepreneurs.