The Business Development Board of Martin County works to make capital accessible to existing and potential industries.
Angel Investment Forum of Florida (AIFFL)
The AIFFL is a not-for-profit organization that facilitates interaction between individual investors and local entrepreneurs. This powerful group of 50 regular members provides seed capital for both start-ups and businesses expansions. For more information contact the BDBMC at 772-221-1380.
Research Coast Business Financial Consortium
In 2007, the BDBMC joined forces with the Treasure Coast Regional Planing Council and 17 bank institutions in the area to create the Research Coast Business Financial Consortium (RCBFC), a group of banks that facilitates access to credit to targeted industries by sharing risk.
Treasure Coast Enterprise Fund
The Treasure Coast Enterprise Fund, Inc. provides small and micro business loans of up to $35,000. The small business micro loan fund program supports the expansion and start-up of small and micro businesses in Martin County. The program seeks to support businesses that are expanding and creating. The money borrowed through this program can be used for the purchase of machinery, equipment, furniture, fixtures, inventory, working capital and leasehold improvements. The loan cannot be used to pay existing debts. The term of the loan will depend on the amount borrowed, the use of funds and the collateral offered. For more information call the Business Development Board at (772) 221-1380.
U.S. Small Business Administration (SBA)
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist, and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy.The SBA helps Americans start, build and grow businesses through an extensive network of field offices and partnerships with public and private organizations. For more information please contact the Business Development Board of Martin County at (772) 221-1380 or visit the SBA website at http://www.sba.gov/.
EX-IM BANK (Export Import Bank)
Ex-Im Bank this year marks its 72nd year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world. In fiscal year 2005 Ex-Im Bank authorized nearly $14 billion in transactions supporting almost $17.9 billion in U.S. exports. This represented 3,128 transactions, of which 2,617, or over 80%, directly benefited small businesses. For more information on how to use the resources offered through EX-IM Bank, call the BDBMC at 772-221-1380.