CLIENT SPOTLIGHT
Bridge to Independence, Inc
Black-Owned School Secures New Building with Support from BBIF
Bridge to Independence, Inc., located in Orlando, FL, stands as a beacon of support for students with diverse learning needs. Founded in 2002 by Nicole Phillips Hollis, the organization has been a pillar of hope and opportunity for over two decades. Recently, Bridge to Independence embarked on a transformative journey, bolstered by crucial funding from BBIF, to relocate its school and daycare facilities to a new commercial building. This move ensures a safer and more conducive learning environment for its students, enabling them to bridge learning gaps, one student at a time.
DEMOGRAPHIC
Black-Owned
LOCATION
Orlando, FL
LOAN PROGRAM
General Loan Fund, SBA Community Advantage
THE CHALLENGE
Overcoming Financial Hurdles for Educational Enhancement
Bridge to Independence faced a pressing challenge in its mission to better serve its students: the need to relocate. With a waitlist of over 50 students eagerly seeking the school's support for safe learning and growth, the urgency was clear. However, financial constraints posed a significant obstacle to acquiring a larger building. In addition to the cost of the new property, essential safety upgrades—such as a fire sprinkler system, fire alarm, and underground fire protection—added to the financial burden.
Caught between a rock and a hard place, Bridge to Independence was determined to expand its resources and offer more students the opportunity to learn and grow. Yet, the lack of financial assistance hindered their progress. Moving forward was essential not only for compliance with safety guidelines but also to enhance the overall learning experience, providing students with an environment where they could thrive both academically and personally.
THE SOLUTION
Empowering Change: BBIF's Strategic Support
Bridge to Independence did not let financial struggles hinder their expansion efforts. They sought support from BBIF, a business aligned with their mission. BBIF's backing proved instrumental, enabling Bridge to Independence to offer a safe and conducive learning environment for its students. Through BBIF's strategic assistance, the organization secured two capital loans. These funds allowed Bridge to Independence to relocate its facilities while preserving reserve funds and maintaining financial stability.
This partnership has addressed immediate needs and laid a solid foundation for long-term success, ensuring continued growth and impact in the education of students with diverse learning needs.
“The loan we received from BBIF significantly transformed our business. With the capital funds we acquired, we've been able to invest in real estate within our community, expanding our reach. Now, we're better positioned to extend our educational services to more students in need. This support has not just grown our business—it's amplifying our impact on future generations."
Nicole Phillips Hollis
Chief Executive Director/Principal, Bridge to Independence, Inc.
THE IMPACT
Elevating Education: Impact of Transformation
The relocation and reconstruction have finally begun, and Bridge to Independence is poised for significant growth and impact. The new commercial building will enhance safety and provide greater opportunities for student development and success. With the expansion, the school can enroll students from the waitlist and meet the diverse needs of those seeking a rigorous education. The new facilities will include more classrooms, an auditorium, and a 21st-century tech-based environment—opportunities that were previously out of reach without the move.
Thanks to BBIF's support, Bridge to Independence looks forward to the implementation of innovative programs and the collaboration of dedicated staff. This support allows the school to extend its reach, shaping the futures of more students and empowering them to achieve their dreams, regardless of learning differences. BBIF’s support has jumpstarted the transformation of not only the physical space but also the lives of the students, ensuring they have the tools and resources necessary for success in school and beyond.
