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BOC Capital Corp.
85 South Oxford, 2nd floorBrooklyn NY, 11217-1607
CDFI Awards for BOC Capital Corp.
FA (2009) - $600,000
BOC Capital Corp. (BCC) is a certified CDFI established in 2001. BCC provides flexible and affordable micro-enterprise financing and bilingual training to its Target Market consisting of low-and-moderate income borrowers and qualifying geographic areas in New York City. BCC will use its FY09 Financial Assistance award to increase lending in its Target Market.
FA (2006) - $300,000
BOC Capital Corp. (BCC) is a certified CDFI founded in 2001. BCC provides flexible micro-enterprise financing to low income people in Brooklyn and recently expanded to include Low-Income Targeted Populations (African American and Hispanics) throughout New York City. The Financial Assistance Award of $218,561 will enable BCC to capitalize its loan pool and serve its expanded Target Market. It will use its Technical Assistance Award of $81,439 to: 1) complete a market needs analysis; 2) to engage the professional services to oversee the TA project; and 3) to purchase computers and upgrade its existing client database.
SECA (2002) - $102,000
The SECA award"s technical assistance component will enable purchase of consulting services (development of a strategic plan and marketing plan and products, plus the conducting of a financial and program audit), technology (loan tracking software and computer equipment), and board and staff training. The award"s Financial Assistance component will support expanded operations.
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Featured Government Grant Resources
Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Social Entrepreneurship
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Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”
