Minority and Women-Owned Business (MWBE) Development & Lending Program  

Program Purpose
To provide financial assistance to Minority and Women-Owned Business Enterprises (MWBE) in the State, as well as to projects and programs that assist the development of entrepreneurship among minority persons and women in New York State.


Program Highlights
The program provides financial assistance through:

  • Lending in conjunction with local, community and regionally-based entities
  • Lending for certified government contractors and eligible government contractors
  • Direct financial assistance
  • Incubator assistance
  • Technical assistance



  • Certified minority and or women-owned business enterprises
  • Banking organizations
  • Technical assistance providers
  • Incubator sponsors
  • Municipalities
  • Authorities
  • Agencies
  • Administering corporations


Ineligible Recipients include:

  • Educational institutions
  • Hospitals
  • Residential health care facilities


Eligible Uses include:

  • Linked deposits, minority and women revolving loan trust fund
  • Contractor development assistance
  • Business development loans, franchise loans
  • Loan guarantees
  • Incubator assistance


Ineligible Uses include:

  • Refinancing, retiring or liquidating existing debt or equity
  • Residential construction projects, except for government-sponsored projects
  • Payment of tax or employee benefit arrearages
  • Projects for newspapers, broadcasting, news media, medical facilities, libraries, community centers or public infrastructure


Contact Information
Contact your ESD Regional Office.


Additional Resources
Minority and Women Revolving Loan Trust Fund Program
Revolving Loan Trust Fund Quick Sheet