Oakland, CA – East Bay Community Foundation (EBCF) is proud to announce the first round of grantees for the Oakland Small Business Resiliency Fund, with $2.2 million in grants awarded to 170 small businesses across Oakland, focusing on those that face the greatest barriers to capital and resources.
The Fund supports businesses in neighborhoods that have been historically impacted by disinvestment, violence, and systemic inequities, particularly in Downtown Oakland, East Oakland, Eastlake, Fruitvale, and West Oakland. This year’s grantees represent a wide range of industries, including restaurants, retail, and health and wellness, all of which contribute to the health and cultural and economic vitality of the community.
Brandi Howard, President and CEO of EBCF, shared, “We believe in the power of small businesses to drive transformation in Oakland’s most underserved neighborhoods. These businesses are more than just economic engines—they are the heart and soul of our communities, and we are proud to be part of their journey toward lasting success.”
The cohort of businesses is highly responsive to the unique needs of the East Bay community. For example, The Towne Cycles—the only full-service bike shop in West Oakland—plays a critical role in supporting daily life for Oakland residents. “Given the high need and large range of incomes that surround us, we make people’s lives work by keeping them safe, healthy, and able to get where they need to go,” said David Boone of The Towne Cycles.
Many grantees also celebrate and uplift the cultural diversity that makes the East Bay unique.
“As a Black-owned business, Queen Hippie Gypsy celebrates cultural heritage and honors ancestral healing traditions, reflecting the vibrant spirit of Oakland. By partnering with other Black-owned companies and amplifying the work of local artisans, we uplift our community while preserving sacred practices and promoting sustainable economic growth,” said Lilly Ayers of Queen Hippie Gypsy, a shop in Downtown Oakland.
Key Statistics for 2024-2025 Grantees
- 96% of business owners identify as Black, Indigenous, or People of Color; almost half identify as Black, African-American, or African.
- Over half of business owners identify as women, transgender, or non-binary/gender variant/non-conforming.
- More than 50% of grantees have been operating in Oakland for 10 or more years, with 20% serving the community for more than 20 years.
The 2024-2025 cohort of grantees includes businesses that have long been integral to their communities, demonstrating resilience in the face of financial barriers, historical disinvestment, and recent challenges such as community violence and vandalism. These businesses have shown remarkable endurance and innovation, and the Fund is proud to support their continued growth.
Interviews with grantees are available upon request.
- See a sample of 13 grantees who are available for interviews.
- To view a full list of grantees and learn more about the Oakland Small Business Resiliency Fund, visit: https://www.ebcf.org/program-strategies/inclusive-economy/oakland-small-business-resiliency-fund/
ABOUT EAST BAY COMMUNITY FOUNDATION
Founded in 1928, and supported by over 400 local donors, the East Bay Community Foundation (EBCF) connects donors with community-led movements to eliminate structural barriers, advance racial equity, and create an inclusive, fair, and just East Bay. Recognized as 2019’s “Boldest Community Foundation” by Inside Philanthropy, EBCF is committed to ensuring that all members of our community are treated fairly, with equitable opportunity and outcomes. EBCF has charitable assets under management of over $500 million. For more information, visit: EBCF.org.