PNC Bank + Coralus
How Coralus Works
Activating with Coralus
Apply for a Gifted Activation
Apply for a No-Interest Loan
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Not Every Business Wants or Qualifies for a Conventional Bank Loan

Project 257 Acceleratng Women's Financial Equality

Coralus (formerly SheEO) is a global nonprofit that provides no-interest loans and a supportive community to women and nonbinary entrepreneurs working on one or more of the 17 U.N. Sustainable Development Goals. PNC has partnered with Coralus to address women’s unequal access to credit, one of the key drivers of the economic gender gap that inspired PNC’s Project 257®: Accelerating Women’s Financial Equality. According to the World Economic Forum’s 2020 Global Gender Gap Report, it would take 257 years for women to catch up to men economically unless the pace of progress accelerates. In the 2023 report, the gap narrowed to 169 years. But it’s still too long to wait.  

Partnership in Action

 “Doing it differently and women supporting women, we are able to elevate ourselves. For me, it was a gamechanger.”
– SaLisa Berrien, founder and CEO, COI Energy

Video: SaLisa Berrien Discusses Coralus

Here’s How the Coralus Community Works

ADD IN

Activators crowdfund a no-interest loan pool.  

The loan pool funds women and nonbinary entrepreneurs that are working to resolve the World's to-Do List through a 0% interest loan to their business.

Repayment of these loans over a 5-year period builds a Perpetual Fund to reinvest in future businesses.

Learn the Lingo

Three Ways to Participate

1. Activating with Coralus

Learn more about becoming an Activator at coralus.world.

More Activators

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More No-Interest Loans

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More Funds for Women Entrepreneurs

2. Apply for a Gifted Activation

  • Through the PNC Bank + Coralus Collective, a cohort of women entrepreneurs and financial advisors collaborating for growth and success, PNC will cover the cost for 100 entrepreneurs to join the Coralus community as Activators for one year. You’ll enjoy all of the benefits of being a Coralus Activator, plus Collective participants receive invitations to virtual monthly workshops and are paired with a local PNC-Certified Women’s Business Advocate to serve as a sounding board. Applications are accepted in September and October.
  • Who Can Apply?
    U.S.-based entrepreneurs who identify as women or nonbinary, own a minimum of 51% of an up-and-running business, have annual revenues up to $5 million and a strong desire to grow their company.
  • 2023 Deadline: October 31. Learn more and apply at PNC + Coralus Collective Application (2023).

3. Apply to Receive a No-Interest Loan

If your business is majority-owned and run by a woman or nonbinary individual (or is a woman-led nonprofit), and it generates between $50,000 and $2 million, and is working on one or more of the 17 U.N. Sustainable Development Goals, you may qualify for a no-interest loan from Coralus.* It starts with a simple application — fewer than 10 questions — and then the Coralus community of Activators decides which companies excite them. In addition to a loan, selected Ventures receive a year of one-on-one coaching plus the support of a peer network and global Activator community. Applications typically open in September for a three-week period.

 

*The non-interest loan is issued by and serviced by Coralus; PNC does not underwrite or originate the loan.

Get More Details at Coralus

Learn About Becoming an Activator

Activator FAQs

Learn About Becoming a Venture

Venture FAQs

Contact Us

Please complete and submit the form below and a PNC-Certified Women’s Business Advocate will be in touch with you.