Our mission is to develop & promote Black business enterprises through education, training, loans, investments, and other activities & to aggressively promote an atmosphere conducive to their development.
BBIF Florida was established out of Florida statute through the Florida Small and Minority Business Act of 1985. BBIF Florida (BBIF) was created in 1987 and headquartered in Orlando, Florida. The organization was started as a loan fund to support the creation and expansion of Black businesses by providing them loans, education and training. The organization was funded through a partnership of banks, the state of Florida and local governments. In 2009, BBIF expanded its loans and technical training services statewide providing loans and technical assistance training for African-American, other minority and underserved businesses.
BBIF is a Community Development Financial Institution (CDFI), private non-profit loan fund that specializes in providing loans and financial technical assistance services to Black, minority & underserved small businesses throughout Florida.