Why it matters
Venture capital isn’t the answer for every founder, at every stage. Microloans provide a valuable non-dilutive alternative that can help a venture meet a growth opportunity that requires funding, with manageable costs.
In particular, microloans are a valuable tool for early-stage entrepreneurs who don’t want to raise friends and family rounds or apply for bank loans.
To be eligible for the Halcyon Microloan Fund, founders must be current or past participants in Halcyon’s fellowship programs, and must be located in the Washington, D.C. region. Eligible applicants can inquire for more information by emailing firstname.lastname@example.org.