Small Business Growth

Small Business Growth

Small businesses are growing, with 52% saying revenues increased over the past year, according to the WellsFargo/Gallup Small Business Index. In particular, however, diverse entrepreneurs need consistent access to capital and training to stay in the neighborhoods they love and bring well-paying jobs to the community. Wells Fargo will intensify efforts to develop and enhance technical assistance — such as business plan development, budgeting and marketing — alongside initiatives that will deliver more stability to startups and existing small businesses.

Content from this campaign

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts
NEW YORK, July 24, 2020 /3BL Media/ - Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the...
Jul 24, 2020 9:05 AM ET
Wells Fargo Launches $400 Million Small Business Recovery Effort
SAN FRANCISCO, July 9, 2020 /3BL Media/ – Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled today the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new...
Jul 9, 2020 2:00 PM ET
Wells Fargo Invests $1M in SaverLife and Neighborhood Trust Financial Partners to Disperse Financial Aid to Small Businesses Affected by COVID-19
SAN FRANCISCO, March 26, 2020 /3BL Media/ – SaverLife and Neighborhood Trust Financial Partners today announced they have teamed up with the Wells Fargo Foundation to help...
Mar 26, 2020 9:15 AM ET
Showing Respect for Where They Come From
The American dream — rooted in struggle and resulting in achievements that benefit entire communities — continues to play out for immigrants such as Adrian Espinoza Garcia and Mariama Jallow. Garcia, originally from Bolivia, and Jallow, who was born in The Gambia, are recent business owners in Portland, Maine. Coastal Enterprises, Inc., or CEI, played an important role in the...
Feb 4, 2020 10:05 AM ET
Wells Fargo Expands Financing for Diverse Small Businesses
SAN FRANCISCO, February 3, 2020 /3BL Media/ - The Wells Fargo Foundation announces that it is providing $17.4 million to Community Development Financial Institutions (CDFIs) across the U.S. to accelerate the growth of diverse small businesses and job creation in local communities. As part of the foundation’s...
Feb 3, 2020 10:05 AM ET

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