HVADC's BIPOC Microloan Accelerator is a Business Technical Assistance (BTA) and access to capital program specifically designed to help progress minority agribusiness entrepreneurs from the Hudson Valley counties of Albany, Columbia, Dutchess, Orange, Rensselaer, Sullivan, Ulster and Washington. As a certified Community Development Financial Institution (CDFI), HVADC's primary focus to assist businesses of traditionally underserved populations in rural areas, particularly those defined as low- to mid-income, startups, nonemployee firms, those with no access to capital in the traditional sense, and minority groups (businesses owned by women, persons with disabilities, LGBTQ+ persons, and Black, Latino, Indigenous and Native American, Asian and Pacific Islanders, and other persons of color). Twelve BIPOC and minority agribusinesses will be accepted into the nine-month program. At the conclusion of the problem, microloan funding will be available through the HVADC Agribusiness Loan Fund to those who successfully complete the program.
HVADC - BIPOC Microloan Accelerator
HVADC's BIPOC Microloan Accelerator is a Business Technical Assistance (BTA) and access to capital program specifically designed to help progress minority agribusiness entrepreneurs from the Hudson Valley counties of Albany, Columbia, Dutchess, Orange, Rensselaer, Sullivan, Ulster and Washington. As a certified Community Development Financial Institution (CDFI), HVADC's primary focus to assist businesses of traditionally underserved populations in rural areas, particularly those defined as low- to mid-income, startups, nonemployee firms, those with no access to capital in the traditional sense, and minority groups (businesses owned by women, persons with disabilities, LGBTQ+ persons, and Black, Latino, Indigenous and Native American, Asian and Pacific Islanders, and other persons of color). Twelve BIPOC and minority agribusinesses will be accepted into the nine-month program. At the conclusion of the problem, microloan funding will be available through the HVADC Agribusiness Loan Fund to those who successfully complete the program.