Empowering Black Businesses With Capital, Technical Assistance, and Growth Strategy
Funds
Funding for Oakland Black Businesses
Assistance
Expert Support From Black Service Providers
Growth
Strategies for scaling Black businesses.
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Oakland Black Business Fund is a Black-led grantmaking program, providing capital, technical assistance, and growth strategy to Black businesses in Oakland, California.
The program was incited by disproportionate rates of closure for Black businesses during the COVID-19 pandemic, further demonstrating vulnerabilities caused by the historical lack of access to capital for Black businesses. Our goals are 1) to establish economic resilience for Black businesses and 2) to position these businesses to receive ongoing government, private, or institutional funding. By focusing specifically on Oakland, we aim to strengthen the local economy through the revitalization of Black owned businesses.
Our unique approach to technical assistance focuses on building relationships between Black businesses by pairing them with Black technical assistance providers, who add value to these businesses while earning income from the funds we provide for the work.
The technical assistance providers, who are also small local business owners, often apply to our program to further stabilize their businesses. The program therefore fosters a sustainable ecosystem of Black businesses.
Do you have questions or contributions that you’d like to make towards this effort? Please get in touch with us here via email: