How much funding does Community Micro Equity Fund (CMEF) provide?

Community Micro Equity Fund (CMEF) provides $25,000 (average loan) in funding.

When is the deadline for Community Micro Equity Fund (CMEF)?

The funder has not published a deadline for this grant.

Community Micro Equity Fund (CMEF)

Greenwood Archer Capital Inc

Foundation Grants for Minority-Owned Businesses Small Business Grants Grants for Startups

Funding Amount

$25,000 (average loan)

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.

Other requirements

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

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

What Greenwood Archer Capital Inc actually gave

Source: IRS Form 990, 2024 — the most recent filing with itemized grants

Greenwood Archer Capital Inc reported $4,831 in grants for 2025 as a total without an itemized list; the grant details below are from 2024, its most recent itemized filing.

Grants in 2024: 1
Total given: $100K
Median grant: $100K