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Apex Fund for Economic Opportunities

Microenterprise lending program helping Akron-area low-income entrepreneurs and small businesses access capital.

About this program

The Apex Fund for Economic Opportunities is a microenterprise lending program designed to promote small business startups in Northeast Ohio and expand economic opportunity in the Akron area, especially for low-income entrepreneurs facing barriers to conventional loan capital.

Eligibility

Akron-area entrepreneurs and small businesses, especially low-income entrepreneurs and borrowers unable to access conventional financing.

Requirements

  • Submit loan inquiry or application with business information and funding need
  • Provide owner information, use-of-funds plan, financial details, and repayment information
  • Meet microloan underwriting, technical assistance, and eligibility requirements