Black Contractors Mobilization Funding Program

This listing describes the Black Contractors Mobilization Funding Program, an innovative initiative designed to provide crucial mobilization funding to Black contractors at the commencement of their contracts. Recognizing the significant barriers Black contractors face in the construction and manufacturing sectors, this program offers tailored financial solutions. It addresses short-term cash flow shortages by providing working capital precisely when it's needed most for project mobilization. Beyond initial mobilization, the program extends support for equipment purchases, general working capital needs, and business expansion. This collaborative effort involves private sector partners, experienced business and financial consultants, and construction industry associations, all committed to fostering economic equity and empowerment. The program represents a significant step towards creating opportunities, unlocking potential, and driving economic transformation within Black communities by building a foundation for long-term success.