Main Street Initiative (MSI)

Opportunity for USA small businesses to receive interest-free loans of $2,000 and in-kind support. The purpose of this program is to provide support to businesses as they face the impact of COVID-19. In addition to a capital infusion, businesses have the opportunity to raise capital and receive local investment from their supporting communities.
In light of the recent state shutdown and pending impact of Coronavirus on small, brick and mortar businesses across the region, MainVest is committed to help small businesses weather the immediate and longer-term challenges to operations.MainVest is offering a zero interest cash infusion to small businesses affected by the shutdown, in tandem with supplying a platform for businesses to receive local investment from their supporting communities.When you start a capital raise of any amount on MainVest, they will immediately provide $2,000 in a capital infusion to assist with challenges over the next few weeks. You will also be set up with the infrastructure to secure $10,000 to $100,000 in investment from your local community, to provide longer term relief down the road.Cost of Capital: Set by you to ensure terms work with your business plan while providing the community a clear path to investing locally.Flexible Repayment: Repayment tied to revenue, not monthly lump payments, so you have the flexibility to weather the storm.Community Backing: Your customers want you to succeed, give them a way to support you immediately, not in the future.Investment, not donations: Allow supporters to take an active role in your recovery without asking for a hand out and reward them once you’re back up and running.No personal guarantee: MainVest believes that entrepreneurs shouldn’t have to risk their personal financial security when building a business with the support of their community.

Sub Title
Loans and In-Kind Support to USA Businesses Impacted by Shutdowns Due to COVID-19
Funding Source


Eligibility Criteria

See RFP and/or Grant Guidelines for full eligibility

Estimated Size of Grant
MainVest is offering a $2,000 zero interest cash infusion.