The Black Business Investment Fund of Central Florida ( BBIF ) is an established leader in facilitating smart growth for Central Florida's Minority Businesses. BBIF is a private non-profit, 501C4, lending and technical assistance provider that specializes in aiding minority business owners in building management capacity and accessing capital. The BBIF serves Central Florida's business community through the provision of direct loans, loan guarantees, technical assistance and small business advocacy. The BBIF currently serves the four county areas of Orange, Seminole, Lake, and Osceola counties. The BBIF is one of eight investment corporations created statewide through the Florida Small and Minority Business Act of 1985. BBIF's mission is to develop and promote African-American business enterprises through education, training, loans, investments, networking and community development activities and to aggressively promote an atmosphere conducive to their development. October 1987, the Central Florida financial community, lead by SunTrust Bank, invested a total of $625, 000.00 into the loan fund, which was matched dollar for dollar by the State of Florida for a total of $1.3M in seed capital for the BBIF. February 1988, the BBIF officially began operations providing loan guarantees to Central Florida's Black businesses located in Orange, Osceola, Seminole and Lake Counties.