Access to capital refers to how difficult or simple it is for someone to obtain funds or resources for their business. When starting or running a business, most people want access to capital. Businesses in the United States have access to a variety of funding options. Obtaining funding for a business, on the other hand, can be difficult for anyone, let alone a member of a group that has endured discrimination and bias for decades.
The NSU Innovation Center (NSUIC) and the Small Business Development Council (SBDC) will provide you with information and requirements for acquiring funding, such as grants, debt/loans, equity/investors, and bootstrapping. Additionally, this Access to Capital program will include a non-bank SBA 504 financing program aimed at existing businesses.