BBIF Florida – Black Business Investment Fund, Inc.
We provide extensive technical assistance (TA) and training services to connect our borrowers and potential borrowers with mentors, potential customers, and technical knowledge needed to grow their businesses. After assessing the financial viability of these firms, we recommend constructive corrective action to increase their financial viability, and position client firms to sustain short and long-term growth. Our TA program includes a financial baseline, gap analysis, and the development of a near-term action plan. This is provided at no cost to clients. Partner and investor grant contributions offset the hard costs of providing this risk mitigation tool on a monthly basis.
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Mission
Our mission is to develop and promote Black business enterprises through education, training, loans, investments, and other activities, and to aggressively promote an atmosphere conducive to their development.
Our Impact (2022)
750 individuals served
20 training programs or workshops offered
15 funding partners
Use the icons to explore our impact metrics.
Pipeline
Expanding the number of entrepreneurs within a specific field or segment (i.e. training and coaching to create more entrepreneurs among high schoolers, more entrepreneurs in the tech industry, more entrepreneurs among women).
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200 Total number of individuals served
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538 Total number of new businesses started
Type of Organization
- Lending Organization
- Nonprofit Organization
Locations Served
- Florida
Key Programs and Initiatives
- Financial Technical Assistance — Business Owner Roundtable
Types of Offerings
- Financing
- Capital
- Entrepreneurial Training
- Workshops
- Matchmaking/networking opportunities
- 1 to 1 business advising
- Mentoring/coaching
- Cohort Training Programs
Program Delivery
- In Person
- Virtual
- Hybrid (in person/virtual)
Members of the Black Community Served
- Immigrants
- Women
- Youth
- Veterans
Locations of Members of the Black Community Served
- Low-income areas
- Low to moderate income areas
- Rural areas
- Urban areas
Targeted Entrepreneur Segments
- Business Services
- Construction
- Manufacturing
- Wholesale & Retail Trade
- Accommodation & Food Services
- Transportation & Logistics
- Media & Publishing
- Health Care & Social Services
- Technology & Software Development
Business Stage
- Stay Up : a business that has determined its market fit, but its product/service has not been validated nor has it achieved sustainability.
- Scale Up : a business that already validated its product in a market and has proven sustainable.
Cost of Programs
- Free
- $201-$300