The Community Foundation of Greater Birmingham is accepting applications for a new grant program designed to support underserved small businesses throughout the region. The grant will help Community Development Financial Institutions or CDFIs and other community lending institutions to support these with a special focus.
The Community Foundation of Greater Birmingham has a specific goal: to help black-owned and other underserved businesses develop by providing more flexible and creative capital and technical assistance.
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According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.