Funding Your
Social Impact
Loans and microgrants to support the growth of social enterprises based in Rhode Island.

OUR FUNDING OPTIONS
SEG Capital Loans
Quick Facts:
- Loans: $1,000 – $25,000
- Terms up to 3 years
- Competitive rates
- Expert guidance included
- Rolling applications
Who Should Apply:
- Rhode Island-based social enterprises
- 1+ year in operation
- $25,000+ annual revenue
- Job creation focus
- Incorporated entities welcome (for-profit, nonprofit, cooperatives)
Perfect For:
- Operating costs
- Equipment purchases
- Marketing campaigns
- Business expansion
- Development initiatives
- Priority to historically-excluded communities
Microgrants
Quick Facts:
- Up to $5,000
- No repayment required
- Free technical support
- 6-month project timeline
- Two application cycles yearly
Who Should Apply:
- SEG program graduates
- Social impact focus
- Rhode Island entrepreneurs
- Operating budget under $250,000
- Priority for historically excluded communities
Perfect For:
- Technology needs
- Legal support
- Community events
- Space improvements
- Capacity building
Other Capital
Funding Options
Let us connect you to the right form of funding from our partners, venture capital firms, and commercial banks

Every Funding Recipient Receives:
Resource connections
Expert advising & guidance
Community network access
Application support

The SEG Loan was crucial for our growth and development. We expanded into a space 7x larger than our old one. The loan also gave us working capital, I could pay my employees, purchase equipment, and I've been able to hire a couple more people.
Liz Welch
Anyhow Studio [2023 Loan Fund Recipient]
“With our SEG loan, mightywell was able to purchase much-needed inventory to help grow our business and stock our shelves. This allowed us to expand into selling into hospitals. I am proud to say that Mighty Well is now available in Boston Children’s Hospital”
Emily Levy
Mighty Well [2022 Loan Fund Recipient]
