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Macy s Plans to Invest Millions to Fund Minority-Owned Businesses

The department store chain is investing $30 million over five years to support entrepreneurs from underrepresented groups in the retail industry.

United statesAdrian mitchellJeff gennetteJessica ramRobin wilsonLatoya williams belfortBed bath beyondMission everyJane hali associatesClean design homeBed bathMomentus capitalJane haliMission every oneToya williams belfortWisdom walker

Five US co-ops get US$170,000 for work in low-income communities

Five US co-ops have been awarded a total of US$170,000 from a fund to increase co-op development in low-

North carolinaUnited statesCasey fannonAaron dawsonBrel hutton okpalaekeEllis carrGabriel villaGeoff gilbertAlice toomer mcalpineCommunity safety specialistMutual groupNorthside residents redevelopment council public safety committeeNational cooperative bankVendors united foodCommunity incubatorNorthside residents redevelopment council

Crystal City-based lender finds new ways to invest in underserved communities

A Crystal City-based company joined forces with a lender and a software developer to improve how it funds and supports small businesses led by people who have historically been denied loans based on their race and income.

New yorkUnited statesCrystal cityGreen valleyAlison powersKurt chilcottEllis carrCommunity development financial institutionHousing equity fundAffairs robert villarrealMonday propertiesStartup mondayArlington based capital impact partnersImpact partnersBusiness financeVentures lending technologies

VP Kamala Harris Announces Public-Private Sector Efforts To Promote Racial Equity at Freedman s Bank Forum

Vice President Kamala Harris announced new efforts to distribute capital and resources to underserved communities and entrepreneurs.

United statesWhite houseDistrict of columbiaKamala harrisMinority business development agencySmall business administrationWhite house press conferenceMinority lending institutionCapital oneMckinsey companyOffice of managementCommunity development financial institutionsVice president kamala harrisNative americansBank of americaMomentus capital

Vice President Harris Announces New Public and Private-Sector Efforts to Advance Racial Equity

Vice President Harris Announces New Public and Private-Sector Efforts to Advance Racial Equity
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New yorkUnited statesPuerto ricoEconomic opportunity coalitionKresge foundationTreasury departmentGoldman sachsPension benefit guaranty corporationFord foundationCommunity development financial institutions cdfisCommunity financial institutionsCommunity development financial institutionFund for inclusive entrepreneurshipSmall business lending companies sblcsOffice of policy developmentSmall dollar loan program