About Inclusive Economic Development
Borderplex Community Capital was started in 2020 to help reduce disparities in access to capital experienced by nonprofits and small businesses operating in or serving low-income neighborhoods in El Paso County and Far West Texas and Dona Ana County, New Mexico. Operating as a Community Development Loan Fund, Borderplex Community Capital provides capital to set nonprofits and small businesses up for success. By investing in the projects or operations of organizations like food banks or schools for children with disabilities, Borderplex Community Capital helps add value to larger social and economic systems for the good of the community.
Borderplex Community Capital is a supporting organization of the El Paso Community Foundation (EPCF), a nonprofit 501(c)(3) established in 1977 with over $224 million in assets and over 600 individual funds. EPCF provides grants and scholarships, manages charitable funds, and connects the community to information and resources. EPCF has given back more than $284 million since its inception ($17.5 million in 2023) to a wide variety of organizations and projects in education, health, human services, the arts, environment, and animals.
Borderplex Community Capital seeks to bridge the gap between for-profit businesses, community-oriented businesses, and nonprofits. Whereas El Paso Community Foundation is the traditional grant-maker, Borderplex Community Capital accepts strategic risk to provide low-interest loans that will ultimately benefit our communities, like funding women, veterans, and minority-owned small businesses, and improving sustainable access to food sources, housing, education, healthcare, employment, economic development, and other needed services.
