BizBox Capital & Financing

Each BizBOX business will receive up to $50,000 in financing from Metro Community Development to help finance the first year’s cost for vendors and training.* No collateral is required for loans less than $25,000. Requirements to receive funding include filling out a standard application and underwriting criteria, ability to demonstrate global new cash flow including personal expenses.**

 

For businesses requiring financing above $50,000, our THRIVE program offers larger funding options. Learn more about this program HERE.

 

*Exceptions for larger financing is based off of previous business experience, or years in business.

**Completion of educational component does not guarantee loan approval.

About bizbox

BizBOX is comprised of one of two educational options; the Small Business Development Center’s (SBDC) online 

self-paced program, partnered with one-on-one coaching, or the University of Michigan-Flint Innovation Incubator’s

five-week Entrepreneur Boot Camp. Each consists of gaining the knowledge and understanding of;

  • Is Owning Your Business Right for You?

  • Business Plan

  • Basic Business Finance

  • Client Demographics

  • Advertising and Marketing

  • Understanding Your Competition

  • Basic Legal

  • Business Insurance

  • Inventory Control

  • Vendor Management

  • Financing/Capitalization

BizBox Technical Assistance & Support

Through BizBOX, entrepreneurs are offered no-cost technical assistance after closing for the life of the loan and after. This includes a personal financial coach, and various additional training sessions that focus on growth opportunities. If/When Pivot Paralysis Occurs, we will work to help find answers through a variety in resources.

 

All BizBOX participants will take part in regular quarterly meetings to help assess and address issues or how to build on strengths.
 
 
Our Founding Organization

At Metro Community Development, it is our mission to serve as a leader and catalyst to expand and enhance quality housing and community development initiatives for underserved people and communities. We develop partnerships in Flint and Genesee County, including providing financial support, leading to the creation of stable and vibrant neighborhoods and communities. Learn more about Metro Community Development HERE.

Our Collaborative Partners

The Michigan Small Business Development Center provides counseling, training and research to assist small business to launch, grow, transition and innovate. The Michigan Small Business Development Center (SBDC) enhances Michigan’s economic wellbeing by providing counseling, training and research for new ventures, existing small businesses and advanced technology companies. Learn more HERE

100K Ideas is a Flint-based nonprofit organization where big thinkers are ushered from napkin-sketch to market. Here we provide real world experience to college students who help address the unmet needs of inventors, innovators and entrepreneurs and ensure a platform to support economic and workforce development as a driver of empowerment in Flint and for innovators everywhere. Find out more about 100K Ideas HERE

INNOVATION INCUBATOR

The Innovation Incubator is is the only incubator in Flint focused on (but not limited to) social entrepreneurship, innovation, and creative economy-based ventures. It is a program of University Outreach. Staff help people start local businesses and non-profits. The co-working space is open to the public, free of charge. Free workshops are offered periodically. To learn more, click HERE.

VetBizCentral is a program where Veterans 

assist Veterans, active duty, guard and reserve members in the formation and expansion of their businesses. Assistance includes entrepreneurial training and counseling, networking opportunities, mentoring programs and activities, advocacy services and procurement counseling. For more information, click HERE

Factory Two is a community markerspace located in the heart of downtown Flint, Michigan.  Factory Two is built on the idea that learning, sharing, and creating are empowering and transformative forces which can open doors and revolutionize both perceptions and realities. More information about Factory Two can be found HERE

 

Founded in 1984, Great Lakes Women’s Business Council (Great Lakes WBC), is a nonprofit champion for women, minority and small business owners. We provide access to capital and corporate procurement opportunities, certification for women-owned business enterprises and small business educational support. Learn more HERE.

Testimonials
Hoffman's Deco Delli
Glam Box Boutique
Feast Gourmet Kitchen Shop
Martin J Banks Funeral Home
 

Our sponsors

BizBOX Main Office

Mott Foundation Building

503 S. Saginaw Street, Suite 804

Flint, Michigan 48502

Phone  (810) 767-4622

Fax  (810) 767-4664

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