About Black Business Community Development
Create economic impact by redeveloping communities through community-focused investments, business development, fundraising, education and financial literacy to support sustainable community and business growth.
Focus Areas
Community developmentSmall business supportFinancial literacy / financial educationAffordable housingWorkforce / job qualityMicrogrants and capacity building for microbusinesses
Who They Fund
minority-owned businesses / entrepreneurslow- and moderate-income householdsunderserved / disadvantaged communitieslocal job seekers and low-wage workers
Funding Style
capacity building
About Black Business Community Development
A $2,000,500 award to Black Business Investment Fd C FL for business loans and assistance stands out in Black Business Community Development Corporation’s recent record, because it matches the full annual grants total on file for 2024. That concentration points to a funder that uses grantmaking as a direct tool for local economic development rather than as a broad, multi-recipient portfolio. The foundation’s work centers on community redevelopment, business development, financial literacy, and related support for sustainable business growth. Black Business Community Development Corporation’s active programs show that approach in practice. They back small-business capacity building, financial education, and community-focused investments, with initiatives aimed at entrepreneurs, microbusinesses, and local neighborhoods. Their portfolio also includes community development work tied to affordable housing and workforce quality, along with grant partnerships that help channel outside resources into local projects. The foundation’s activities in Orlando, East Tampa, Jacksonville, and East Winter Park suggest a Florida-centered strategy built around place-based economic impact.
What Black Business Community Development Funds
Financial education is a recurring theme. In the Financial Literacy Education program, Black Business Community Development Corporation offers a 12-month series with monthly training sessions, both virtual and in person, focused on personal finance management, budgeting, and investing for business owners and entrepreneurs. That same emphasis appears in East Tampa, where the East Tampa Business & Community Development Project is designed to provide financial literacy, business development training, and one-on-one coaching for small business owners. The foundation also supports small-business capacity building through the Merchants and Main Streets initiative in the Jacksonville metro area. In that program, BBCDC and BBIF distribute microgrants and technical assistance to help microbusinesses acquire technology, merchant systems, and marketing tools. Community redevelopment extends to neighborhood and housing-oriented work through grant funding partnerships and special programs such as the East Winter Park Legacy Fund.
How Black Business Community Development Gives
Black Business Community Development Corporation’s grant size profile is highly concentrated: p25, median, and p75 are all $2,000,500. That aligns with a recent grant record that shows one large 2024 award rather than a spread of differently sized gifts. The organization does use smaller microgrant support in program settings, including awards of $500 to $5,000 within the Merchants & Main Streets initiative, but the grant-size statistics provided reflect the overall annual pattern. The foundation is a community-development corporation, not a donor-advised fund, and it does not fund individuals. Several active programs are marked as accepting unsolicited requests, including East Tampa Business & Community Development Project, Financial Literacy Education, Financial Technical Assistance, and Reverse the Red™ Pitch Competition.
Financial Snapshot
Annual Giving
$2M
Total Assets
$2.2M
Total Revenue
$681K
Total Expenses
$2.8M
Typical Grant Size
Most grants fall between $2M and $2M, with a median of $2M.
25th Percentile
$2M
Median
$2M
75th Percentile
$2M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in FL.
Funding intensity
LowHigh
Headquarters
Leadership
Inez Long
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