Community Micro Equity Fund (CMEF)

Community Micro Equity Fund (CMEF)

Overview: A comprehensive small business development and equity-like capital expansion model launched in 2021 with a multi-million-dollar grant from PNC Bank.

Key Features

• Capital Type: "Equity-like" patient capital to help entrepreneurs leverage debt or serve as alternative when traditional debt is not viable
• Comprehensive Support: Delivers continuum of entrepreneurial education, coaching, and mentoring
• Partners: Collaboration between Greenwood Archer Capital and Sunshine Enterprises
• First of Its Kind: One of the most comprehensive small business development and equity-like capital expansion models in Chicago, the region, and the nation

Focus Areas

• Addresses the persistent equity capital gap facing entrepreneurs
• Targets underinvested, low- to moderate-income, and diverse communities
• Recognizes that business owner's ability to access capital is closely tied to long-term wealth

Eligibility

• Entrepreneurs in underserved, underinvested communities
• Low- to moderate-income business owners
• Entrepreneurs from diverse communities

Contact Information

• Email: loans@greenwoodarchercapital.org
• Phone: (773) 341-2060
• Address: 1000 East 111th Street, 10th Floor, Chicago, IL 60628