Industry News - October 22, 2018
October 22, 2018
In an industry that too often pits banks against fintechs, it’s good to see the magic offintech-bank partnerships alive and well. Together, USAA and StreetShares are making it happen.
The Incarceration to Incorporation Entrepreneurship Program Act, an entrepreneurship model for returning citizens, passed in D.C. council and was signed by Mayor Bowser, but neither funded it in the last two budgets.
The lending platform reports that its small business clients have generated an estimated $3.8 billion in economic output and created more than 25,000 jobs nationwide.
Nonprofit investment firm Access Ventures is introducing Lenderfit an online platform to help ease the lending process for small businesses, microlenders, and regional banks.
Cresset Capital Management and Diversified Real Estate Capital Have Launched a Qualified Opportunity Zone Fund
With more than 8,700 Opportunity Zones across all 50 states, Washington D.C., and Puerto Rico, both partners expect the Fund’s investments to help create significant impact and opportunity in many communities.
February 12, 2019
With the Shutdown Looming Again, Lawmakers Should Remember Microbusinesses are Resilient, not Unbreakable
A recent CNBC article detailed how many small businesses that were adversely affected by the shutdown are struggling to move on.