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SOAR Fund offers low-interest loans, free business support


May 10, 2021
Small businesses and nonprofits across Delaware can now get low-interest loans of up to $100,000 and free business support from the Southern Opportunity and Resilience Fund as they work to recover from the pandemic.
Companies and agencies across Delaware can begin applying for very low-interest loans of up to $100,000 and free business support through the SOAR Fund, a new program created by a diverse group of community lenders aimed at helping small businesses and nonprofits navigate and rebuild from the COVID-19 health and economic crisis.
According to the U.S. Census Bureau Small Business Pulse Survey, 47 percent of Delaware small businesses have less than two months’ cash on hand, and one-third of small businesses in the state expect to seek capital in the next six months. ....

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Bay Area Chef Launches Black Culinary Collective in Partnership with the Oakland Black Business Fund and Oakstop Alliance


Bay Area Chef Launches Black Culinary Collective in Partnership with the Oakland Black Business Fund and Oakstop Alliance
The West Oakland collective offers community empowerment, engagement, and mentorship for emerging Black culinary entrepreneurs
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The Black Culinary Collective is providing commercial kitchen facilities and services for black-owned food and beverage companies at competitive prices, ideal for small to mid-size businesses.
(PRNewsfoto/Oakland Black Business Fund)
Oakstop is a place-based social enterprise offering affordable workspace, event space, and arts programming to catalyze collaboration, professional development, and economic sustainability for creative entrepreneurs and small local businesses. ....

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