Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods
DETROIT, September 15, 2015 /3BL Media/– The Detroit Development Fund (DDF), JPMorgan Chase & Co. and the W.K. Kellogg Foundation (WKKF) today announced a new $6.5 million lending program for Detroit businesses owned by entrepreneurs of color and businesses that primarily hire people of color. The Entrepreneurs of Color Fund will boost economic opportunity for minority-owned businesses in Detroit by providing them with greater access to capital and business assistance, allowing them to grow, hire local and further contribute to the city’s recovery.
Company reports 15-month progress toward $100 billion lending goal to help more businesses succeed
SAN FRANCISCO, May 14, 2015 /3BL Media/ – Wells Fargo (NYSE: WFC) extended $22.6 billion in new loan commitments to small business customers (primarily with annual revenue less than $20 million) in the first 15 months of its five-year goal (January 2014 – March 2015). The company intends to extend $100 billion in new lending to small businesses by the end of 2018. The five-year lending goal was introduced in 2014 along with Wells Fargo Works for Small Business SM, a broad initiative to deliver resources, guidance and services to help business owners achieve financial success.
Firm’s global reach, expertise and capabilities help promote economic growth and address social challenges in cities around the world
New York, May 14, 2015 /3BL Media/ – JPMorgan Chase & Co. today released its 2014 Corporate Responsibility report, highlighting steps the firm is taking to support economic growth and address critical challenges facing cities around the world.
National Survey of Small Business Owners Reveals Biggest Technology Challenges and Trends Facing One of the Most Important Segments of American Business
NEW YORK, May 4, 2015 /3BL Media/ – Time Warner Cable Business Class (TWCBC) today announced the results from their second annual small business technology survey in conjunction with the kickoff of National Small Business Week. Through this survey, TWCBC has continued its long history of helping small businesses understand and meet the challenges that they face in growing their business, staying competitive in their local markets and understanding new technologies that meet the increasing demands of today’s consumer.
NEW ORLEANS, April 1, 2015 /3BL Media/ - Drytunes, the waterproof wireless speaker with internal dry storage, won the Get Started NOLA pitch competition hosted by Cox Business and Inc. Magazine. The event took place live during New Orleans Entrepreneur Week last Wednesday night, March 25 and featured five finalists that were selected from over 40 businesses that applied to pitch.