SmBiz: B:Side Fund Announces CDFI Status
B:Side Fund is thrilled to announce its designation as a Community Development Financial Institution (CDFI). This certification from The U.S. Department of Treasury is monumental in the organization’s efforts to support small businesses, specifically for underserved or underestimated communities.
B:Side Fund’s Director, Marie Peters, comments on the organization’s accomplishment, “We are thrilled to become a CDFI. This milestone strengthens our commitment to underserved, under-resourced, and underestimated communities by expanding capital access to those who need it most. We look forward to partnering with local entrepreneurial support organizations and banking partners to create meaningful support to the small business community.”
With increased investment, B:Side Fund will be able to further diversify its wide range of programming for small business owners as well as enhance its educational offerings like B:Side University, which offers free, monthly webinars covering a wide range of business topics.
Christopher Myers, CEO of B:Side Capital and B:Side Fund, stated, “Becoming a certified CDFI is a natural step in our evolution. It’s not about checking a box—it’s about doing the hard work to get capital into the hands of real businesses doing real work. This designation helps us double down on what we’ve always believed: small businesses deserve better options, better partners, and better outcomes.”
If you would like to learn more about partnering with B:Side Fund on investment opportunities, please contact Marie Peters: mpeters@bside.org.
Want to receive more content like this?
Sign up for our small business updates.