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The Official Web Site of the State of South Carolina

Small and Minority Business

Minority Business Support

The mission of the Microenterprise Development Program is to promote economic self-sufficiency for minorities and their families by providing entrepreneurial education and training, technical assistance, and access to business and financial resources.

Program Coordinator
Rogie Nelson
(803) 832-8166
rnelson@cfma.sc.gov

What is a Micro-Business

A micro-business is a small business…

  • with five or fewer employees,
  • requires $35,000 or less in start-up capital,
  • and has limited access to traditional bank loans.

If this is you, the CMA can help.

Our support includes providing:

  1. Entrepreneurial Education and Training
  2. Business Technical Assistance
  3. Microloan Programs

Micro-businesses are critical for economy, accounting for 86.54% of all SC businesses.

Education and Training

Man and woman at construction site

The CMA hosts entrepreneurial training programs designed to teach skills that are essential for managing a competitive business.

The CMA also hosts an innovative contractor training program designed to provide practical training for trade contractors & subcontractors.

 

Microloan Programs

Man shaking hands

The CMA  helps microbusinesses to secure non-traditional financing.

This includes connecting businesses with lenders and providing technical assistance to those businesses in order to make their microloan application bankable and ready for approval.

 

 

Technical Assistance

Smiling womanThe CMA seeks to provide existing and startup business owners with Business Management and Technical Assistance via subsidized consulting services designed to promote business growth.