Program & Services
Community Equity Fund
This program supports disenfranchised business-owners through injections of capital and access to our "Next Level Business Advisory" services.
The Community Equity Fund is a program that supports disenfranchised business-owners through injections of capital and access to our "Next Level Business Advisory" services. These funds are distributed on a rolling basis and are repaid through increments of business revenue after a 24-month repayment deferral. The CEF is best able to support businesses primarily owned by marginalized individuals that have been in business for 3 years or more in Asheville, NC and surrounding area. The fund aims to work with entrepreneurs who want to scale their business by utilizing nontraditional capital. Funds may be used for business operations leading to job creation or to gain market shares that will lead to an increase in jobs created.