GRANT · HOW TO WIN THIS
Varies; includes direct business loans and at least one grant program (a $5,000 technology grant was referenced by a past recipient).
Rolling — no fixed deadline, apply when ready.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but as a CDFI focused on underserved entrepreneurs, HEDCO is designed to fund businesses that may not qualify elsewhere.
HEDCO has been operating since 1975 and emphasizes affordable, accessible capital. Rolling intake means you are not competing against a fixed pool of applicants in a single cycle.
WHAT IT TAKES
Review loan and grant options on HEDCO's site to find the right fit — 1-2 hours
Submit an application through their online portal — Half a day to gather documents
Work with HEDCO's team during review, which may include technical assistance — Days to weeks depending on program
WORTH KNOWING
HEDCO also offers free training, workshops, and a Business Resource Center — engaging with these before applying may strengthen your relationship with the organization and your application.
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$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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