$10 Million Loan Program for Bronx Businesses
Funding Amount
Up to $350,000
Deadline
Rolling / Open
Grant Type
foundation
Overview
$10 Million Loan Program for Bronx Businesses
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:
Eligible Uses:
Eligibility:
Contact:
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 actually gave
Source: IRS Form 990-PF, 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
Categories
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