Small businesses are the heart of our local economy
In New York City alone, more than 227,000 small businesses* employ 1.6M workers, creating jobs, opportunity, and wealth.
70 cents of every dollar generated by small businesses stays local, circulating within the community to the benefit of all.
While 98% of NYC businesses are small businesses and employ more than half of the private sector workforce, historically excluded entrepreneurs face barriers to participation that are deep and persistent. For too many, gaps still exist in market access, financing, and other resources vital to growth.
A Collaborative Effort for Collective Impact
The NY Small Business Funders Collective (SBFC) is a group of philanthropic entities coming together to strengthen the local small business ecosystem across the New York region. Members of the Collective share the belief that entrepreneurship is a powerful lever for innovation, community vibrancy, and economic development. Through pooled grantmaking, the Collective aims to change ecosystems and increase opportunity by creating thriving local economies with and for those who live, work, and are rooted in our communities.
Our Partners
What We Do...
The NY Small Business Funders Collective (SBFC) supports historically excluded entrepreneurs through client-centered intermediaries. We remain broad in approach, with targeted Requests for Proposals that employ different tactics to reach specific ends while remaining nimble and responsive to changing small business needs. The Collective grants to 501c3 organizations serving small businesses in their community, and does not discriminate in any of its activities or operations.
Doing Business Together
Our Market Access Partnership grant opportunity aims to reveal and fund innovative solutions in procurement that diversify supplier networks in the city, increase supply chain localization, and to increase the number of historically excluded small business owners seeking and securing contracts with purchasers and anchor institutions in NYC.
Cohort Two Grantees include:
Brooklyn Communities Collaborative, partnering with RiseBoro, Mangrove, Pixie Scout, and Brooklyn Packers
Evergreen, partnering with the Southwest Brooklyn Industrial Development Corporation (SBIDC) and the Business Outreach Center (BOC)
Hot Bread Kitchen, partnering with Mangrove Flatbush Central
TruFund, partnering with New York New Jersey Minority Supplier Development Council
The Working World/Seed Commons, partnering with NYC NOWC
We look forward to featuring more about these partnerships over the next year. Stay tuned!
Contact Us
For more information on how to join the Collective and help transform the New York small business landscape, fill out the contact form below:
NY Small Business Funders Collective
Project Management provided by:
ImpactFull, Inc.
Kristine Michie, Managing Partner
kristine@impactfullinc.com (for funder inquiries) inquiries@nysmallbusinessfunders.org (for grant application inquiries)
www.impactfullinc.com
Fiscal Sponsorship provided by:
Philanthropy New York www.philanthropynewyork.org