We strengthen communities and help create local jobs by investing in underserved small business owners. We fund nonprofits that are focused on providing capital, technical assistance and networks of support for entrepreneurs.
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
Philanthropy & Cause Initiatives
| Wells Fargo & Company
Wells Fargo announced another new boost to diverse small businesses today with $7.9 million in grants from its Diverse Community Capital program, which offers capital and technical assistance to minority-owned small businesses through Community Development Financial Institutions (CDFIs). To date, the program has generated more than 103,000 jobs across the U.S.
ICA Fund today announced it has received a $2.25 million grant from Wells Fargo & Company as part of its Open for Business Growth initiative, a $20 million philanthropic program designed to help growth-ready small businesses access the capital and resources they need to scale.
The Idaho FFA Foundation recently received a $200,000 grant from Wells Fargo to support its new small business grant program, which provides direct funding for its members to start youth-led small businesses as part of its supervised agricultural experience project.
The Wells Fargo Foundation is providing $600,000 to the South Carolina Research Authority to fund the Cultivating Innovation in SC Agribusiness grant program. The grants are designed to accelerate growth and foster groundbreaking innovation in the state’s farming industry.
TruFund Financial Services, Inc. is launching its Open for Business Growth – TruFund Real Estate Acquisition Program. The initiative is designed to help small business owners transition from tenants to property owners by making commercial real estate ownership more accessible
The Manhattan Chamber of Commerce has announced that the first participant of its Retail Storefront Accelerator program has signed a new lease agreement at Manhattan’s Oculus World Trade Center.
Growth-ready small businesses are accessing the flexible financing they need thanks to $20 million in grants from Wells Fargo & Company to nonprofits in their communities.
Recognizing the gap in affordable lending for small businesses, California Capital Financial Development Corporation (FDC), with philanthropic support from Wells Fargo, has introduced the California Capital Flex Loan Fund.
Wells Fargo and the Business & Leadership Institute for Early Learning have helped small child care and early learning centers evolve into thriving businesses, providing quality childcare and fostering economic growth and stability within communities.
Mayor Daniella Levine Cava joined Miami-Dade County and Wells Fargo to officially launch the Strive305 HUB, an all-in-one resource platform designed to help small business owners connect with essential resources, community partners, and growth opportunities.
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