The Foundation is a 501(c) 3 not-for-profit which supports programs and initiatives in the Ocala Metro which advance Entrepreneurship, Talent Development, and Leadership. A current major funding effort of the Foundation is support for the IMPACT initiative.
IMPACT is an initiative to bring about positive economic growth in the communities of West Ocala, Marion Oaks, and Silver Springs Shores through entrepreneurship. By assisting community members with creating and growing their own businesses, it will not only create direct and indirect jobs but will bring much needed retail and service businesses to each community. The Foundation supports the one-on-one counseling being provided by the CEP's staff and by helping to fund the 10-week Diverse Small Business Enterprise Certification program thru the FastTrac training program. Future plans include underwriting Spanish language workshops and the creation of Minority Supplier Connection App and dedicated business incubators in each community.
Major support for this initiative has come through a generous grant from
As a result of the COVID-19 pandemic, the Foundation has partnered with the Marion County Board of County Commissioners and the City of Ocala to provide two Microenterprise Loan Funds. The loans are restricted to small businesses with 5 or fewer employees in the Ocala Metro who can demonstrate they have been negatively impacted by the COVID-19 pandemic.
The Marion County Microenterprise Loan Fund is currently closed and not accepting new applications. The City of Ocala Microenterprise Loan Fund is accepting applications. For more information, please visit the Microenterprise Loan Fund page.
For more information on Impact and the loan programs, please visit the Impact page.