The NY Small Business Funders Collective (SBFC) is a group of philanthropic entities coming together to strengthen the local small business ecosystem across the New York region.
Members of the Collective share the belief that entrepreneurship is a powerful lever for innovation, community vibrancy, and economic development.
Through pooled grantmaking, the Collective aims to create opportunities for Black, Latinx, Asian & Pacific Islander, and Indigenous entrepreneurs to close the racial wealth gap.
Most recently, the SBFC announced it will collectively award $500,000 to improve access to capital and technical assistance for Black, Latinx, Asian & Pacific Islander, and Indigenous entrepreneurs in the five boroughs.
From Gale Brewers Update.