Enterprise Community (EC) is a Federal program emphasizing the creation and retention of jobs for EC residents. If qualified, your business can obtain financing for start-up or expansion.
Small Business Assistance Loan Program
The goal of this Program is to promote the start-up and expansion of small businesses, thus increasing employment opportunities within the Enterprise Community, Neighborhood Revitalization Strategy Area and a Conditional Expansion Area.
This Program can loan up to $100,000 at competitive rates and flexible terms and partners with private lenders. The funds can be used for acquisition, construction and renovation, purchase of machinery and equipment, inventory, and working capital. Contact: Community Action Agency, Economic Development Division at 405.232.0199.
Vehicles for Families
"Strengthening Families Through Increased Opportunities": The Vehicles for Families Program was founded to eliminate transportation barriers for income eligible, working families. Contact: Community Action Agency at 405.232.0199.
Enterprise Community Revolving Loan Fund
This fund can participate in loans up to $200,000. The fund assists small businesses within the Oklahoma City Neighborhood Revitalization Strategy Area (boundaries include east to Grand Blvd, north to 36th Street, south to Reno Avenue and west to Shartel) with access to capital. Contact: Oklahoma City Northeast, Inc. at 405.235.0415.