Spring 2025 East Bay Contractor Report | Page 28

EAST BAY SMALL BUSINESS RESOURCES
ICA ICA Fund accelerates great businesses through mentoring and investments to close the racial and gender wealth gaps . The organization supports small businesses in the San Francisco Bay Area led by founders of color and women by providing capital , coaching , and connections . ICA Fund helps entrepreneurs grow the value of their businesses and create wealth for themselves and their employees , driving toward an economy that works for all .
Target Investment Criteria : Strong growth and potential for scale Either at or nearing profitability
Demonstrable commitment to ICA ’ s mission of closing the racial and gender wealth gaps
Commitment to equity / profit distribution to workforc Based in the nine county San Francisco Bay Area
Growth Capital : Growth capital investments that act as catalytic growth capital Investment size typically between $ 250,0000 and $ 500,000 Priority given to companies that have graduated from The Accelerator at ICA
1714 Franklin St ., # 100-174 , Oakland , CA 94612 ( 510 ) 271-0142 | info @ ica . fund
Working Solution Capital Consulting Community
Working Solutions CDFI is the First to Believe in start-up and early-stage businesses by providing diverse entrepreneurs with affordable capital , customized business consulting , and community connections to increase economic opportunity in Northern California .
Focus on start-up and early-stage financing Fund entrepreneurs with capital consisting of loans ranging from $ 5,000 to $ 100,000
5 % -11 % interest ( temporary rates to support economic recovery ; your specific rate will be determined by the lending team upon review of your application )*
$ 50 application fee to get the process started Loan closing fee applicable after you receive your loan ( 5 % of loan amount )
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