Growth Partners Arizona Receives $250,000 Grant to Expand Funding to Rural Communities
Summary
The winds of change are sweeping through the Grand Canyon State as this visionary collaboration seeks to address the unique challenges faced by Black, Indigenous, and People of Color (BIPOC) business owners. "Our investment in the BIPOC Loan Fund with CIC Tucson is a strategic move that aligns with our core values of inclusivity and community empowerment. Together, were building bridges to a more equitable financial future," said Andre T. Whittington, Executive Director, Growth Partners Arizona.Community Development Financial Institutions or CDFIs, such as Growth Partners Arizona, create non-traditional funding opportunities so small businesses can prosper and generate a strong economic impact. Together, we will connect with entrepreneurs, who had no idea this resource was available, to offer not only funding but also education, support, and a talented group of committee members that make up the exact communities we serve. "Wells Fargos vision to support community partners who create strategic initiatives shows the institutions commitment to being a driver of social change.