About Tampa bay black business investment corporation inc
The Tampa Bay Black Business Investment Corp (BBIC) is a non-profit organization that has been certified by the U.S. Treasury as a Community Development Financial Institution (CDFI). The BBIC is dedicated to providing business and funding opportunities for small businesses in the Tampa Bay area, with a focus on supporting black-owned businesses.
The BBIC was founded in 1987 with the goal of promoting economic development and job creation in underserved communities. Since then, it has provided over $20 million in loans to small businesses, helping them to grow and thrive.
One of the key services offered by the BBIC is access to capital. Many small businesses struggle to secure financing from traditional lenders, but the BBIC offers loans at competitive rates with flexible repayment terms. These loans can be used for a variety of purposes, including working capital, equipment purchases, and real estate acquisition.
In addition to providing financing, the BBIC also offers technical assistance and business training programs. These resources are designed to help entrepreneurs develop their skills and knowledge so that they can run successful businesses. The BBIC also provides networking opportunities for its clients, connecting them with other business owners and potential customers.
The impact of the BBIC on the Tampa Bay community has been significant. By supporting small businesses owned by people of color, it has helped to create jobs and stimulate economic growth in neighborhoods that have historically been underserved. In addition, it has helped many entrepreneurs achieve their dreams of starting or expanding their own businesses.
If you are a small business owner looking for funding or support services in Tampa Bay area , consider reaching out to the Tampa Bay Black Business Investment Corp . With its track record of success and commitment to serving underrepresented communities , it could be just what you need to take your business to new heights .