The Enterprise Center Capital Corporation

The Enterprise Center Capital Corporation (TEC-CC) provides access to capital, business financing, and technical assistance to women and minority entrepreneurs with high growth potential. TEC-CC targets businesses that are located in lowincome, urban communities. The minority business population, with a focus on African American-owned businesses, is growing at a substantial rate. However, capital access remains a large obstacle for many minorities trying to start or grow their enterprises. In order to combat racial disparity in the current lending environment, a significant portion of TEC-CC’s investment dollars are targeted at minority-owned businesses. TEC is aware that in terms of development, businesses grow at different rates—infancy, adolescence and maturity. Therefore, they require different levels of assistance to move up to the next level.

Access to capital at key stages of growth and development helps businesses reach the next level of success.

Entrepreneurial development, business growth and neighborhood revitalization cannot be achieved on a sustainable level without the presence of a strong capital network. As such, TEC-CC seeks to improve access to capital, strengthen businesses, stabilize income, increase employment, and contribute to the economic revitalization throughout Greater Philadelphia. Successful firms strengthen local economy, stabilizing income for business owners and employees plus aiding the revitalization of distressed communities.