The Thriving Cities Fund

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What is the Thriving Cities Fund?

A thriving city is about much more than just an absence of crime — it means good health outcomes, educational opportunities, economic prosperity and business growth, and a positive quality of life for residents and families.

Thriving cities foster their local businesses. Entrepreneurs are a significant driver of economic prosperity, accounting for 44% of U.S. economic activity, creating two-thirds of net new jobs, and driving innovation and community connection.

Flock has partnered with Homegrown, a capital provider that funds brick-and-mortar entrepreneurs — without taking equity. The Thriving Cities Fund helps local businesses expand to new locations, create jobs, and become pillars of their communities.

A Holistic Vision for Safer Communities

Community Engagement & Empowerment

Safer communities start with engaged residents who participate in public safety and civic initiatives.

Public-Private Partnership

Working together with city leaders, law enforcement, businesses, and community organizations to make cities safer and stronger.

Beyond Crime Reduction

A safer city is more than the absence of crime. It means healthier outcomes, stronger economies, and a better quality of life.

Thriving Cities Fund Supports Atlanta Restaurant’s Third Location Launch

It is very difficult to get a traditional loan as a restaurant. The Homegrown team, I really connected with. They just really seem to care about what they’re doing and growing the community.
Alan Raines

Owner of El Tesoro

Eligibility & Criteria

What businesses are a good fit for the Thriving Cities Fund?

The Thriving Cities Fund supports existing successful brick-and-mortar businesses seeking expansion capital to open 1-3 new locations. We love restauranteurs, beauty salons and barbershops, coffee shops, neighborhood clubs, and other locally-focused businesses.

What is the track record of the Fund’s team?

Homegrown has deployed $7 million to help local businesses launch 40+ new locations across the country. These businesses have created over 500 jobs in cities from Atlanta, to Kansas City, to Denver. You can read about the entrepreneurs who have worked with Homegrown here.

Homegrown’s founder and CEO Michael Davis was inspired by his family's decades-long struggle to access growth capital for their business. Before launching Homegrown in 2023, he held leadership roles at Ally.io (acquired by Microsoft), Overline VC, and Monitor Deloitte.

How much capital will entrepreneurs receive?

While funding will vary based on the business and size of the deal, typically businesses can receive anywhere from $100,000 to $1 million. The Thriving Cities Fund team reserves the right to determine the funding amount.

How does the process to get funding work?

Entrepreneurs who fit the criteria for the Thriving Cities Fund should reach out via the form below. If the business is a good fit, our team will reach out for an introductory call to learn more about you, your business, and your vision for growth. If it is a good fit on both sides, our team will proceed with a due diligence process.

Thank you for your interest in the Thriving Cities Fund!