Breaking Barriers To Acquiring Commercial Properties [Video]

The Where It Starts: Breaking Barriers to Business (B3) initiative, supported by Truist Foundation, is a transformative effort led by Main Street America and Living Cities, aimed at bridging critical gaps in support for entrepreneurs across five key southeastern cities: Atlanta, Charlotte, Memphis, Miami, and Nashville. This ambitious project, driven by collaborative partnerships between government entities and small business leaders, addresses pivotal issues such as access to capital, policy reform, and targeted assistance for underserved small business owners, including entrepreneurs of color.

The initiative’s latest endeavor, the Miami Action Commercial Acquisition Fund (CAF), exemplifies its commitment to fostering equitable business growth and safeguarding local small businesses from displacement due to gentrification. Launched in July, this fund represents a significant stride toward empowering Miami’s small business owners by facilitating their acquisition of commercial properties in at-risk neighborhoods.

Take a deeper look at how this initiative is reshaping business landscapes and supporting local entrepreneurs …