At a glance
From its website, read 2 Nov 2026ICA Fund is a venture capital fund based in Oakland, California. Its website describes equity investment and small-business loans. Where it lends: Companies based in the 9-county Bay Area.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (510) 271-0142 source |
|---|---|
| info@ica.fund source | |
| Website | www.ica.fund |
| Office (official list) | 492 9th St, BSMT, Oakland, CA 94607 |
What their website says about applying
Inquire with our Investment team
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Venture capital fund (listed as “Venture Capital”) |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 1 Jul 2026 |
| RSSD ID | — (none listed) |
| Address | 492 9th St, BSMT, Oakland, CA 94607 Directions (Google Maps) |
| Website | www.ica.fund |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 5 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: medium. ICA mainly makes equity and term-loan investments in Bay Area companies; partner lenders listed on its resource pages are excluded, and the $100,000–$300,000 investment range is not used as a loan size. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Equity / venture investment | — | Our structures include equity investment, term loans, convertible notes and revenue-based structures | source |
| Small-business loans | — | Our structures include equity investment, term loans, convertible notes and revenue-based structures | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Companies based in the 9-county Bay Area
Based in the 9-county Bay Area
source
Counties this matches: Alameda County, CA, City and County of San Francisco, CA, Contra Costa County, CA, Marin County, CA, Napa County, CA, San Mateo County, CA, Santa Clara County, CA, Solano County, CA, Sonoma County, CA
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What interest rate and fees should I expect on your small-business loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$3.1 million in 4 awards from the U.S. Treasury's CDFI Fund, 2020–2024 (CDFI Equitable Recovery Program; CDFI Program, Financial Assistance; CDFI Program, Technical Assistance).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $800,000 |
| 2022 | CDFI Equitable Recovery Program | $1,695,525 |
| 2021 | CDFI Program, Technical Assistance | $125,000 |
| 2020 | CDFI Program, Financial Assistance | $500,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $22.8M |
|---|---|
| Total liabilities | $9.2M |
| Net assets | $13.6M |
| Total revenue | $5.5M |
| Program-related investments (Part X line 13) | $12.6M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 47-0898054, filed as “ICA FUND”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue |
|---|---|---|---|
| Dec 2020 (990) | $8.6M | $6.6M | $5.7M |
| Dec 2021 (990) | $16.1M | $10.6M | $6.5M |
| Dec 2022 (990) | $19.4M | $13M | $6.7M |
| Dec 2023 (990) | $22.8M | $13.6M | $5.5M |
Total assets grew 166% from Dec 2020 to Dec 2023. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Total assets, latest IRS Form 990 | $22.8M | Larger than 64% of the 47 other certified loan funds and venture funds in California with a matched Form 990 (median $18.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Form 990 total assets | certified loan and venture funds with a Form 990, in California | 47 | larger than 64% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
Other certified CDFIs in Oakland and California
- Beneficial State Bancorp, Inc.Bank holding company · Oakland, CAAuto / vehicle loans, Commercial real estate loans, Energy / solar / efficiency loans, Affordable housing development loans…Verified
- Beneficial State BankBank or thrift · Oakland, CAAuto / vehicle loans, Commercial real estate loans, Energy / solar / efficiency loans, Equipment loans…Verified
- Habitat Community CapitalLoan fund · Oakland, CAAffordable housing development loansVerified
- Main Street LaunchLoan fund · Oakland, CASmall-business loansVerified
- Pacific Community Ventures, Inc.Loan fund · Oakland, CAOfficial list only
- TMCCommunityCapitalLoan fund · Oakland, CAMicroloans, Small-business loansVerified
Work at ICA Fund? Link to this page
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