NEW ORLEANS–The Louisiana Chamber of Commerce Foundation Inc. (LCCF) announced today that it is accepting applications for a new microloan and grant program.
The program is sponsored by BP and made possible through partnership with the U.S. Black Chambers, Inc. (USBC), LCCF, and Beaufort County Black Chamber of Commerce. The USBC Small Business Micro Grant & Loan Program 2021 will help small businesses recover from the economic impact of recent storms.
“The USBC is proud to have BP's commitment and support to help provide much needed capital to Black Owned Businesses as we navigate our way through the pandemic. We are equally proud of our affiliate chambers such as the Louisiana Chamber of Commerce Foundation Inc. (LCCF) in their efforts to lead in their local markets.” Phillip W. Dunn, USBC Program Manager
Only businesses located in Alabama, Louisiana, and Mississippi are eligible to apply. The grant awards up to $3,000 and loan amounts up to $10,000.The funds may be used for marketing promotion, machinery and equipment, operating capital for hiring or expanding offices, and/or leasehold improvements for current or new office/retail space.
Apply today at USBC Community Economic Development Corporation (turnkey-lender.com)or call the Louisiana Chamber of Commerce Foundation Inc. at 504-655-7572
For more information about the Louisiana Chamber of Commerce Foundation Inc.: