Access to Capital

BBA understands that having working capital and financing is the bloodline for the sustainability of any business. There are many resources out there to help start-ups and small businesses, however many business owners don’t really understand or are aware of where to find them.

To address this gap, BBA has developed strategic collaborations and partnerships to assist their membership base.  BBA works to increase funding to businesses, especially those in higher unemployment communities and underserved cities by partnering with community organizations, local economic development and local businesses.  BBA strives to decrease the number of minority or small business failures and increase these businesses’ overall revenues.

- Minority Business Revolving Loan Fund program

One of BBA key initiatives is their partnership with CT Minority Business Initiative (MBI) to provide access to capital to minority businesses up to $100,000.  Find out more here

Through our services, BBA targets to:

  • Increase the number of Black and minority firms by using partnership resources
  • Increase the amount of lending to minority firms by providing awareness, exposure and connections to financing programs or resources available to fund and expand small businesses