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C2FO Business Empowerment Grant Program

This program provides grants to 501(c)(3) nonprofit organizations that promote education, training and make resources available for business owners and entrepreneurs. Our mission is to build prosperous communities and support small businesses around the world.

C2FO, the world’s on-demand working capital platform, is committed to ensuring every business has the capital needed to thrive. Our platform helps all businesses, including small and minority-owned businesses (SMBs), to unlock access to funding. So far, in 2023, we have accelerated $884 million in funding to diverse businesses around the globe. 

However, our support of SMBs doesn’t stop there. Over the past two years, C2FO has donated over $220,000 to nonprofit organizations in the communities where our team members live and work. These donations aim to support underserved business owners and entrepreneurs.

This year, we are proud to announce the creation of the C2FO Business Empowerment Grant Program. This program provides grants to 501(c)(3) nonprofit organizations that promote education, training and make resources available for business owners and entrepreneurs. Our mission is to build prosperous communities and support small businesses around the world.

Please check back for updates and new opportunities as we grow this program.

2023 Juneteenth Nonprofit Grants

In 2019, about 30 percent of Black-owned businesses spent over 50 percent of their revenue paying off debt. Bankrate.com

White entrepreneurs start their businesses with an average of three times more capital than Black-owned businesses, at $107,000 vs. $35,000. Bankrate.com

A recent Intuit QuickBooks insight report indicates that 57% of Black business owners were denied a bank loan at least once when they started their businesses, compared to 37% of non-Black business owners.

Grant Information

We choose to invest in our communities by supporting 501(c)(3) organizations that educate and provide resources to entrepreneurs and local businesses because we know that when all businesses have access to the capital they need – when a financial system is truly inclusive – we all win.

Applications for this year’s grants have closed. Watch this page for future grant opportunities.

Eligible organizations and projects for 2023 included: 

  • Nonprofit organizations dedicated to equity, inclusion, and opportunity with a primary focus on benefiting Black-owned businesses and entrepreneurs.
  • Nonprofits operating in the US with a focus on the communities where C2FO maintains operations
man and woman sitting in chairs having a lively discussion

Eligible organizations are encouraged to apply with programs or initiatives that benefit Black-owned businesses and entrepreneurs and focus on:

  • Technology 
  • Financial literacy and independence
  • Business mentorship
  • Leadership
  • Addressing a clear, identified area of need in the community that may otherwise go unaddressed through normal means, such as the nonprofit’s operating budget
  • Provide lasting benefits for the community