GRANT · HOW TO WIN THIS
Varies; flexible equity capital, amount depends on the individual member fund.
Rolling submissions; no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Competitiveness is not publicly disclosed, but CDVC funds are mission-driven and selective about community impact.
CDVCA is a network of multiple funds rather than a single funder, so odds vary by which member fund you approach. The emphasis on job creation and community economic benefit means impact alignment is as important as financial returns.
WHAT IT TAKES
Review CDVCA's member fund directory to identify the right fund for your geography and stage — 1-2 hours
Prepare a pitch that clearly demonstrates community impact — jobs created, wealth built in low-income areas — 1-2 days
Submit an inquiry or application directly to the relevant member fund — 1-2 hours
WORTH KNOWING
CDVCA provides equity risk capital, not just loans — meaning they take an ownership stake. Founders should be comfortable with that structure before pursuing this funding.
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Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
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