Community Development Financial Institutions in Michigan

Learn More about CDFI's and Small Business Resources in Michigan see here

While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.



Community Development Financial Institutions fall into four categories:

  • Community Development Loan Funds
  • Community Development Credit Unions
  • Community Development Banks - Including Thrifts and Holding Companies
  • Community Development Venture Capital Funds

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Community Foundations Map
blue icon SBDC | red icon SCORE | green icon WBC |green icon Other SBA Partner | dollar icon CDFI
CDFI's in Michigan





Featured Government Grant Resources


Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program

The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.







Small Business Administration's Small Business Investment Companies

The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.





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