News & Press Releases

Press Releases | May 20, 2020

CDFI Opportunity Fund Helping Smallest, Most Vulnerable Businesses Get PPP Loans

Opportunity Fund, the nation’s leading nonprofit small business lender focusing on minority, women and immigrant-owned businesses, making $16,000 average PPP loans, helping the smallest businesses weather the COVID-19 crisis

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Press Releases | May 14, 2020

Andy Cohen to Host Opportunity Fund’s Massive Online Cocktail and Dinner Party to Benefit Small Business Relief

Andy Cohen, host of Bravo’s Watch What Happens Live with Andy Cohen, will emcee ‘Eat. Drink. Give.,’ the internet's largest cocktail and dinner party supporting small business relief on May 28; funds raised support Opportunity Fund’s Small Business Relief Fund

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In the News | May 8, 2020

Building on a legacy of lifting up small businesses

As the world copes with the economic impact of COVID-19, Wells Fargo continues to invest in community organizations that offer U.S. small businesses access to capital and financial education.

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In the News | May 6, 2020

Women & Business in the Era of Covid-19 | #BWTownHall Live

Women-owned small businesses are among those facing even more challenges during this crisis. As reports and data show, the uneven - and somewhat disorganized - disbursement of federal relief funds have more adversely affected these businesses. That is one factor that could slow down or even reverse the rise in recent years in the number of women-owned businesses -- in 2019, they made up 42% of all businesses, according to American Express. Our Bloomberg Businessweek Town Hall brings together a panel of successful women small business owners and advocates, to talk about their own experiences and offer solutions about how to survive.

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In the News | May 1, 2020

Local organization forms to provide loans to Bay Area minority-owned small businesses

Many small businesses were shut out from the federal government's Paycheck Protection Program that was intended to help them stay afloat during the coronavirus pandemic. Now a local organization is focused on providing loans for small Bay Area businesses, especially those with minority owners.

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