GRANT · HOW TO WIN THIS
Loan amount varies; no specific figure published.
Rolling submissions — no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public acceptance rate is listed, but as a CDFI with a mentorship component, the bar involves both creditworthiness and community impact fit.
ICA has been operating for 30 years and maintains an active portfolio, so they are an established lender — not a one-time grant program. Rolling submissions mean competition is ongoing rather than in batches.
WHAT IT TAKES
Review funding opportunities on ica.fund to confirm current loan products and eligibility — 30 minutes
Prepare basic business financials and a clear picture of community/job-creation impact — 1-2 days
Submit inquiry or application via the ICA Fund website or contact them directly — 1-2 hours
WORTH KNOWING
ICA pairs investment with mentoring and advisor support — framing your application around job creation and local community wealth aligns directly with their stated mission and may strengthen your case.
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