CDFI – Black Enterprise

President of International Franchise Association Discusses New Initiative to Increase Black Ownership in Franchising

Nancy E WilliamsOctober 26, 2022October 26, 2022

by Nancy E WilliamsOctober 26, 2022October 26, 20221386

The president and CEO of the International Franchise Association discusses ongoing efforts to increase the number of BlPOC franchise owners nationwide...

Lifestyle Money News Politics

Next Street Spearheads Historic Economic Opportunity Coalition To Align Historic Investment In Communities Of Color Across The United States

BLACK ENTERPRISE EditorsJuly 28, 2022July 28, 2022

by BLACK ENTERPRISE EditorsJuly 28, 2022July 28, 20221652

Taking it to the next level! Next Street secures investments from the Biden-Harris Administration for its Economic Opportunity Coalition....

Business Money News

Siemens Foundation And Northern Trust To Invest $10 Million in CDFIs To Support Racial And Social Equity

Derek MajorJanuary 20, 2021January 19, 2021

by Derek MajorJanuary 20, 2021January 19, 20211107

The Siemens Foundation and Northern Trust announced a commitment of $10 million to two Community Development Financial Institutions...

Entrepreneurship

Helping Minority and Women Small Business Owners Combat Predatory Lending

Carolyn M. BrownOctober 31, 2016September 30, 2017

by Carolyn M. BrownOctober 31, 2016September 30, 2017899

Several community development financial institutions are working to help minority and women small business owners combat predatory lending....

Entrepreneurship

JPMorgan Chase Invests $75 Million to Increase Access to Capital for Minority Small Businesses

Carolyn M. BrownOctober 17, 2016September 30, 2017

by Carolyn M. BrownOctober 17, 2016September 30, 2017970

JPMorgan Chase has announced a $75 million commitment over the next three years to connect underserved small businesses with capital, targeted technical solutions and support...

CDFI Small Business Lending Program Finally a Go

Joyce JonesFebruary 9, 2010November 25, 2017

by Joyce JonesFebruary 9, 2010November 25, 2017569

The Treasury department announced last week that it will provide up to $1 billion in Troubled Asset Relief Program Funds to spur lending by Community...

Federal Fund Targets Investments in Underserved Communities

Marcia Wade TalbertAugust 6, 2009November 25, 2017

by Marcia Wade TalbertAugust 6, 2009November 25, 2017517

In 1990, when Willie Murriel received a loan from Sunrise Bank to purchase the building he used for Murrielâ€™s Paint and Body Shop in Jackson,...

From Pollution-Based to Inclusively Green

Janell HazelwoodMarch 19, 2009November 25, 2017

by Janell HazelwoodMarch 19, 2009November 25, 2017546

With the American Recovery and Investment Act allotting millions of dollars in support of green-collar training, weatherization, and more energy-efficient infrastructure, now is a ripe...