Tampa Bay Black Business Investment

Tampa Bay Black Business Investment Corporation, Inc. (BBIC) is a U.S. Treasury certified Community Development Entity established in 1987. Originally focused on African-American entrepreneurs, it now serves small businesses of all ethnic backgrounds in the Tampa Bay area. BBIC is dedicated to providing business and funding opportunities for the long-term growth and success of small businesses.

The organization offers a range of loan products including direct loans, loan guarantees, contractor loans, and procurement loan programs. In addition to financial support, BBIC provides business consulting services, helping entrepreneurs with loan preparation, business plan writing, and understanding financial statements. Their services are designed to support small businesses in their growth and expansion efforts.

BBIC has facilitated nearly $20 million in loans since its inception, with significant contributions from community partners. The organization has helped businesses like Vistra Communications and Accelerated Waste Solutions secure funding for expansion and equipment acquisition, demonstrating its impact on the local business community.