New businesses receive start-up grants of up to 30 percent of their initial investment from the Ministry of Tourism.
It would provide start-up grants of $25,000 per institution to cover initial costs, mainly faculty salaries.
At least 10 will be awarded start-up grants of about $125,000 each, paid in installments over three years.
However, the SBA does not provide start-up grants or other grants to individuals or businesses.
With a start-up grant of $770,000 for the first year, the charities are establishing a network to track artworks available for long-term loan, perhaps two years.
Trickle Up relies on a worldwide network of community development organizations, churches and women's groups to help identify promising candidates for its start-up grants.
After the two initial start-up grants, the company refused donations but is accepting investments under certain conditions.
The program will use emergency city funds and a start-up grant of several hundred thousand dollars from the Leonard N. Stern Foundation.
The start-up grant came from the Joyce Mertz-Gilmore Foundation.
The Independence program began with start-up grants from local foundations for building renovations and staff training.