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26 ORGS · 73 ACTIVITIES ← all strategies ·
approach

Capital Access for Inclusive Growth

By expanding access to capital and financial resources for underserved entrepreneurs and small businesses, we stimulate local economic development and job creation, because marginalized communities are often excluded from traditional financing and possess untapped economic potential that can drive equitable growth when supported. This strategy centers on using targeted lending, gap financing, and inclusive underwriting—often combined with advisory services or community partnerships—to overcome systemic barriers to capital faced by low-income, minority, or otherwise underserved entrepreneurs. Unlike broader economic development approaches, it emphasizes both financial inclusion and community-rooted impact, ensuring that economic growth is not only stimulated but also equitably distributed. What distinguishes this strategy from others is its focus on structural de-risking (e.g., through public-private partnerships or revolving loans) and its theory that capital alone is insufficient wit

26
orgs running it
73
activities of those orgs
12
activity groups touched
who runs it

Organizations running this strategy · 26

what it looks like in practice

Activities of orgs running this strategy

A sample of programmatic activities from the orgs above — what the strategy looks like on the ground.

  • Providing small business loans for land and facility development MOHAWK VALLEY REHABILITATION CORPORATION
    direct service
    Provides small business loans aimed at supporting the development and reuse of land and facilities to promote job creation.
  • Administers home improvement grant program for residential blight prevention NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Provides reimbursement grants of up to $20,000 to homeowners in North Tonawanda and Lockport for critical repairs such as roofs, chimneys, windows, HVAC, and electrical systems to prevent residential deterioration.
  • Administers low-cost power allocation for industrial businesses NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Manages the review and selection process for industrial businesses in Niagara County seeking access to low-cost hydropower, including facilitating allocations of up to 10 megawatts for qualifying projects such as Dimensional Energy and Broda Machine.
  • Administers the Niagara County Brownfields Program NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Oversees brownfield cleanup, assessment, and planning activities, securing $5.2 million in funding in 2024 to revitalize contaminated sites for future economic use.
  • Administers the Niagara County Production Grant Program NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Manages a matching grant program offering up to $50,000 to local manufacturers for equipment purchases, supporting post-pandemic recovery and modernization, as demonstrated by support for ADJ Machining.
  • Administers the William G. Mayne, Jr. Business/Community Enhancement Program NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Runs a grant program that funds improvements to the business climate and physical environment in Niagara County communities, supporting local economic vitality.
  • Develops a 60-acre business park in the Town of Cambria NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Leading the development of a 60-acre business park in collaboration with the Niagara County IDA and local government to expand commercial and industrial opportunities.
  • Facilitates leaseback projects through partnership with NCIDA NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Collaborated on nine leaseback projects in 2024 that leveraged $147,383,439 in private capital investment, resulting in 212 new jobs and 131 retained jobs.
  • Funds microbusiness development through grants NIAGARA COUNTY DEVELOPMENT CORPORATION
    grantmaking
    Awards grants to support the establishment and growth of microbusinesses in Niagara County or those planning to relocate there, fostering local entrepreneurship.
  • Implements economic growth programs including financing and tax incentives NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Delivers a range of programs—such as financing, tax incentive coordination, and job training—to stimulate economic development and job creation in Niagara County.
  • Operates Business Growth & Retention Program and business workshops NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Runs a recurring Business Growth & Retention Program and hosts regular business workshop series to support enterprise development and sustainability in Niagara County.
  • Operates a revolving loan fund for economic development projects NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Provides gap financing through a revolving loan fund to qualified economic development initiatives in Niagara County, supporting private investment and job creation.
  • Organizes the Annual Agribusiness Outreach Forum NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Hosts an annual forum to connect and support local agribusiness stakeholders, providing free access to promote broad participation across the agricultural community.
  • Promotes outdoor recreation and tourism NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Markets Niagara County as a freshwater fishing destination and promotes additional outdoor recreational activities such as kayaking, disc golf, and bird watching to boost local tourism.
  • Provides professional planning and technical services NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Offers planning expertise and technical assistance to municipalities, organizations, and citizens in Niagara County to support orderly growth and development through project design and implementation.
  • Provides technical assistance to second-stage companies NIAGARA COUNTY DEVELOPMENT CORPORATION
    direct service
    Offers targeted support to growing businesses in Niagara County to help them scale sustainably, including strategic planning and operational guidance.
  • Improving recycling enterprise performance in Myanmar BUILDING MARKETS LTD
    direct service
    Worked with small and medium recycling enterprises in Myanmar to increase the PTE collection rate by 18.6% among partner businesses.
  • Strengthening economic opportunities for Venezuelan refugees through SME support in Colombia BUILDING MARKETS LTD
    direct service
    Provided direct support to small and medium enterprises in Colombia owned by or employing Venezuelan refugees, enhancing their service offerings and connecting them to new market opportunities.