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The Bronx Overall Economic Development Corporation (BOEDC), the administrator of the Bronx Empowerment Zone (EZ), offers two loan programs for qualified Bronx Empowerment Zone companies. Both programs offer loans at a very low interest rate and long terms in return for the borrowers commitment to hire Bronx Empowerment Zone residents. The Business Assistance Initiative (BAI) can generally lend up to $1 million to finance up to half of a project's cost. The EZ Loan Fund can finance up to 80% of a project's cost up to loans of $200,000.
Women's Business Resource Center provides instrumental information, training, individual counseling and opportunities for women interested in starting or expanding their business. The center provides assistance and/or training in finance, management, marketing, procurement and the Internet as well as addressing specialized topics such as home-based businesses, corporate executive downsizing and welfare-to-work. The SBA's Bronx Women

Since 1988, the Hunts Point Economic Development Corporation (HPEDC) has been under contract with the City of New York to manage the Hunts Point  Industrial Park Business Zone. The Hunts Point Industrial Business Zone is home to the largest food distribution center on the east coast. It includes more than 800 businesses and 25,000 employees. HPEDC monitors and coordinates municipal services for the Hunts Point industrial park in partnership with government. HPEDC offers the following services to businesses: area maintenance, ombudsman services, security, real estate assistance, financing, business expansion assistance, waste assessment, and employment services.

The IBZ Department provides financial assistance in the form of loan packaging services to new and existing businesses that are seeking loans. They provide business owners with an understanding of bank lending practices; assist with filling out the loan application, help gather necessary documents; make sure the financial information on the application and documents makes sense; and help submit a complete package of information to potential funding sources.

Start Small’s mission is to empower New York City’s most underserved individuals to start, maintain, and grow small businesses in order to accumulate assets, increase personal financial security, and contribute to the economy. Start Small provides access to a variety of resources for entrepreneurs and immigrants: small business financing, small business legal counseling, small business planning and operations, accounting and bookkeeping, tax, marketing and public relations, human resources, and government certification and contracting.

The Women's Housing and Economic Development Corporation (WHEDCo) works with families in the Bronx who struggle with the multiple challenges presented by poverty and who, like all of us, aspire to a healthy and financially stable future. We believe that given the right support at the right moment, all families can flourish. WHEDCo replicates the attributes found in prosperous communities-safe, healthy homes; highly skilled professional childcare and enhanced extra-curricular activities; physicians, learning experts and therapists; opportunities to develop small businesses--and offer them to low-income families throughout the Bronx. Through our innovative, inter-connected and high-quality solutions, WHEDCo is working to make the Bronx a more beautiful, more equitable, and more economically vibrant place to live and a raise a family.
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