The Fund deployed nearly $260,000 in grants to small businesses.
The Small Business Catalyst Fund, a collaboration between CRF, Fifth Third Bank, and several local CDFIs, has awarded grants to nearly 50 small businesses in select communities across the country. These grants, each for $5,300, will help grantees accelerate the momentum of their business.
CRF administers the fund’s grants and small business loans and works alongside two regional CDFI microlending partners who focus on microloans and technical assistance.
