BIPOC MICROLOAN ACCELERATOR
Who We Can Help
Business Technical Assistance
Loans and Grants
Food Rescue and Donation
Marketing and Tourism
Past Projects
Operating an agriculture business in today’s global marketplace requires strong entrepreneurial skills and a constant source of product, process and service innovation to remain competitive. Qualified businesses can tap into a wide range of services to accelerate their growth and increase their chances of long-term success.
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About the BIPOC Microloan Accelerator Program:​
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Throughout the duration of the program we will offer a comprehensive curriculum that blends in-person, virtual, and on-demand learning to cover a range of important topics. Participants will have access to resources and training on credit repair, debt management, credit building loans to improve FICO scores, personal and business budgeting, selecting the right loan for their business, cash flow management, and achieving loan readiness to access capital. In addition to financial literacy programming, we also provide training on operational skills, management skills, and prioritize mental and physical well-being.
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Our experienced trainers include HVADC staff, HVADC Business Technical Assistance advisors, and members of the HVADC CDFI Advisory Group. With their expertise and guidance, participants will gain valuable insights and knowledge to support their entrepreneurial journey.
All entrepreneurs who successfully complete the program will receive a $5000 microloan, carrying a 1% interest rate and a 3-year term. The program's primary focus is to assist business of traditionally underserved populations in rural areas and provide access to capital, financial literacy programming, and business technical assistance to help businesses grow and become more sustainable. ​​
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BIPOC, LGBTQ+, and other minority agribusiness entrepreneurs from the Hudson Valley counties of Albany, Columbia, Dutchess, Orange, Rensselaer, Sullivan, Ulster and Washington are invited to apply to participate in the Accelerator.
Please email any questions to dstanton@hvadc.org or to be notified when application is live.
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For more information about our services and how we may be able to help your business, please contact us.
If you are in search of services that are not listed above, please contact us and to see how we can creatively work together to find sustainable solutions to your business needs.