Wells Fargo Announces $1.2 Million Investment to Provide Grants to Minority Owned Businesses

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Wells Fargo Announces $1.2 Million Investment to Provide Grants to Minority Owned Businesses –

Via Black Enterprise.com: Leading small business lender Wells Fargo recently announced a $1.2 million investment, spanning two years, to provide micro grants to minority-owned businesses and to support leadership training programs made available through the U.S. Black Chambers, the U.S. Hispanic Chamber of Commerce, Pan Asian American Chamber of Commerce, and National Gay & Lesbian Chamber of Commerce. The investment is part of Wells Fargo’s ongoing commitment to train leaders of diverse-segment chambers of commerce that includes more than $6 million in grants and sponsorships since 2003.

The $1.2 million total investment, announced at the USHCC 2015 National Convention, will fund micro-grants, a leadership training impact study and the expansion of the Chamber Training Institute (CTI), a program designed in collaboration with the University of Notre Dame’s Mendoza College of Business. The CTI program develops and empowers diverse chamber leaders while providing unique educational opportunities on how to grow and build their chamber for the benefit of its small business community members. Additionally, the CTI is one part of Wells Fargo’s four-point plan, introduced earlier this year to help diverse-owned small businesses become credit-ready, access credit, and achieve financial success. Click here to read the entire story on Black Enterprise.com

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