$10 Million Loan Program for Bronx Businesses
Funding Amount
Up to $350,000
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Geography
- Located in the South Bronx
Other requirements
- Inventory
- Payroll
- Equipment
- Other commercial purposes
Overview
Funder: Bronx Economic Development Corporation (BXEDC) in partnership with The Business Initiative Corporation
Geographic Scope: South Bronx, New York
Program Type: SBA Community Advantage loans
Focus Areas:
- Small- and mid-sized businesses
- Commercial loans for various business purposes
Eligible Uses:
- Inventory
- Payroll
- Equipment
- Other commercial purposes
Eligibility:
- Businesses located in the South Bronx
- Small- and mid-sized businesses
- Loan amounts up to $350,000
Contact:
- Address: 851 Grand Concourse, Bronx NY 10451
- Email: info@bxedc.org
Background: This is a new $10 million loan fund launched by BXEDC in partnership with The Business Initiative Corporation, specifically targeted at supporting economic growth in the South Bronx. The fund was established using federal funding from the Bronx Empowerment Zone.
What Bronx Overall Economic Development Corporation actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 7
- Total given
- $345K
- Median grant
- $28K
- Range
- $10K–$180K
- By dollars: New York 100%. Top recipient cities: Bronx, NY.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Dugoutbx 2 LLC · Bronx, NY
Economic assitance
$180K
Key Food 881 Stadium Food Corp · Bronx, NY
Economic assistance
$59K
16 FFI LLC · Bronx, NY
Economic assistance
$33K
Danice Stores Inc · Bronx, NY
Economic assistance
$28K
South Bronx United Inc · Bronx, NY
Economic assistance
$24K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
Categories
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