History & Mission
MBF provides minority and women-owned businesses in Miami access to funds through its loan programs. It also provides valuable business tools and resources, such as counseling and training in business development and management and other related services, through its Small Business Training and workshops and through partnerships with local community organizations also engaged in economic development.
Since 2011, the Miami Bayside Foundation has awarded 139 loans totaling more than $7.1 million to minority-owned businesses in the Miami area helping create more than 450 jobs.
Small Business Training
In 2020, MBF held two virtual series of 15 session Small Business Training (SBT) workshops for minority-owned business.
TRUIST/MBF Digital Marketing Series
In September 2020, MBF, in partnership with the Truist Foundation, launched an in-depth training program aimed at empowering minority owned businesses, impacted by COVID-19.
“The MBF Scholarship helped me pay for books and other necessary academic materials for my first year of university. Despite the challenges of the ongoing pandemic, this scholarship supported me and allowed me to pursue a volunteer research position. I am very thankful for the Foundation’s generous contribution, and I am now another step closer to reaching my goals!”
Lia Sanchez Ramirez
“This scholarship has helped me believe that there was a way when I believed that there was not. I knew furthering my education at a post-secondary institution would not be cheap, but with your help, I have gotten a step closer to achieving my educational dreams. With this scholarship, I was able to purchase books for my classes and a laptop. I am forever grateful for your help, Miami Bayside Foundation.“
“I am extremely grateful for this scholarship that has helped me to focus on my studies especially during these stressful times. I appreciate everything this scholarship has provided for my educational career.”
“MBF has been incredibly helpful in allowing me to pursue my goals of higher education. With the prices of college rising and scholarship opportunities limited, the assistance MBF offers students is invaluable.“
“Thank you so much for this help. I am a veteran that is trying to move up in my career. I ran out of my GI bill and was not sure how I was going to pay for school. This means so much to me, thank you.”
HELPING THE COMMUNITY GROW & THRIVE
In grants to educational organizations engaged with minority children and youth
In small business loans to 30 minority-owned businesses
Scholarships totaling $207,750 awarded to minority students attending college
Owners graduated from our workshop series
Hours of mentoring to small business owners