Investment will provide small business loans for emerging entrepreneurs
MINNEAPOLIS, Nov. 16, 2015 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced it has provided a $1,000,000 Equity Equivalent Investment (EQ2) to Metropolitan Consortium of Community Developers (MCCD), a 501(c)3 organization that provides small business loans and technical assistance to emerging entrepreneurs who may be challenged to meet traditional underwriting criteria by virtue of being a start-up or those who have credit challenges and/or a shortfall of collateral.
First-ever program of its kind in the banking industry fosters early stage clean energy technologies
DENVER, Oct 28, 2014 /3BL Media/ – Wells Fargo (NYSE:WFC) today launched the Innovation Incubator (IN2) program, a $10 million environmental grant for clean technology startups funded by the Wells Fargo Foundation and co-administered by the Energy Department’s National Renewable Energy Laboratory (NREL) to foster the development of early stage clean technologies for commercial buildings. The program is the first of its kind within the banking industry.
2014 Priority Markets Program to help stabilize neighborhoods and revitalize communities
SAN FRANCISCO, October 28, 2014 /3BL Media/– Wells Fargo & Company (NYSE: WFC) today announced it will donate $6 million shared across 54 nonprofits through its 2014 Wells Fargo Housing Foundation Priority Markets Program to help stabilize and revitalize neighborhoods impacted by the economy. The Wells Fargo Housing Foundation Priority Markets Program provides grant support for neighborhood stabilization projects that are located in areas designated for revitalization to stimulate growth, stability and inve
Program kicks off on November 21-22 at Duke Energy Convention Center when eligible homebuyers can reserve $15,000 in down payment assistance grants
CINCINNATI, October 27, 2014 /3BL Media/ – Wells Fargo & Company (NYSE: WFC), NeighborWorks America® and The Home Ownership Center of Greater Cincinnati, Inc. will join Cincinnati Mayor John Cranley to announce the Cincinnati Wells Fargo NeighborhoodLIFT®program, an initiative offering $5.2 million from Wells Fargo to boost homeownership and strengthen Cincinnati neighborhoods.
In 2013, the Makah Indian Tribe in Neah Bay, Washington, experienced a devastating loss when its only commercial fishing dock in the area, where the Makah people have fished for more than 3,800 years, partially collapsed.
Funds will go to United Way Worldwide; company also offers a transfer waiver fee for remittances sent to India through October 31, 2014
SAN FRANCISCO, October 22, 2014 – Wells Fargo & Company (NYSE: WFC) is donating $100,000 to United Way Worldwide to help with flood relief efforts in the state of Jammu and Kashmir (J&K) in northern India. Floods struck the region in September, killing at least 300 people, submerging hundreds of villages, and triggering landslides.
Contributions will support International Medical Corps efforts in Sierra Leone and Liberia
SAN FRANCISCO, October 22, 2014 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) is donating $150,000 to International Medical Corps to help fight the Ebola crisis in the West African countries of Sierra Leone and Liberia. Since the initial Ebola outbreak in the region in December of 2013, the virus has spread, with more than 9,000 confirmed cases of infection and more than 4,000 deaths.