To be considered for this program, your small business must:
- Have completed the SHEBA Accelerator Program.
- Be a for-profit business with no more than 20 (full or part-time) employees.
- Be a minority-owned and/or women-owned small business (minimum 51% of minority/woman ownership required).
- Be in good standing with the Department of Revenue Services (DRS).
- Have been conducting business for a minimum of 6 months.
- Forgivable loans up to $50,000 (forgivable after 1 year if all documents support the loan has been received).
- 0% Interest Rate
- No application fee.
1. Fill out HEDCO’s Intake & Privacy Form – Intake & Privacy Form
If you’ve already filled out an Intake & Privacy form for HEDCO, retrieve your Intake ID and proceed to Step 2.
2. Complete the application – Apply Now
3. Submit necessary documents
4. If you need to upload additional documents after you’ve submitted your application, click here and make sure to have your Application ID associated with this program.