Program Overview
The Equitable Entrepreneurial Ecosystem (E3) Program is designed to strengthen small businesses and entrepreneurs within the 6th Avenue Corridor. By combining funding, education, and community support, E3 helps build long-term stability and inclusive economic growth.
Awards range from $1,000 – $25,000
50% grant + 50% loan structure
Repayment begins five months after award
Interest rate is 2% below prime
Grant Component
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Half of the award is provided as a grant
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Grant participation requires attendance of in-person and virtual programming, which includes:
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Business development workshops (finance, marketing, operations)
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1-on-1 meetings
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Annual check ins
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Loan Component
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Fixed loan amounts
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Interest Rates are 2% below prime
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Repayment begins 5 years after award
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Funds may be used for operations, equipment, inventory, or other approved expenses
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