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Wells Fargo gives $50,000 to help LGBTI businesses grow and prosper
The National Gay and Lesbian Chamber of Commerce (NGLCC) has awarded 11 grants, totaling $50,000 (€45,350), to some of its affiliate LGBT chambers of commerce.
The grants have been funded by the Wells Fargo Foundation, and – according to a statement – will be spent on programs that ‘foster the development, growth, and sustainability of certified LGBT businesses enterprises.’
NGLCC affiliate chambers applied for grants ranging between $2,500-$10,000 (€2,267- €9,070).
The announcement came at the end of NGLCC’s annual International Business and Leadership Conference in Fort Lauderdale, Florida, last week.
‘We are incredibly proud of our long-standing partnership with Wells Fargo. They have been an incredible supporter of our programs and initiatives and I am proud to bring this opportunity to our affiliate chambers,’ said Justin Nelson, NGLCC Co-Founder & President, in a statement.
‘Wells Fargo has been with us from the beginning and their commitment to helping the LGBT business community is underscored by this exciting grant program.’
‘Wells Fargo has a rich history of supporting diverse chambers of commerce, and we share their commitment to helping small business owners succeed financially,’ said Lisa Stevens, Regional Marketing, Small Business and Pacific Midwest Bank Executive.
‘Through our partnership with the National Gay & Lesbian Chamber of Commerce (NGLCC), we are proud to provide funding that will support chamber-led entrepreneur training programs and dedicated resources for education, growth and advancement of diverse business owners in communities across America.’
One of the chambers of commerce to benefit from a grant was the Central Pennsylvania Gay & Lesbian Chamber of Commerce.
‘The CPGLCC Business Development Program has become a vital resource to our LGBTBE members as they advance their businesses and engage in strategic planning,’ said Harry Young, CPGLCC President, accepting the organization’s grant for $2,500 (€2,267).
‘We are thrilled to receive this generous grant from Wells Fargo and NGLCC which will allow us to expand and enrich our program.’
The other chambers of commerce to benefit from the grants are as follows
- Austin Gay and Lesbian Chamber of Commerce
- Golden Gate Business Association
- Greater San Diego Business Association
- Greater Seattle Business Association
- Los Angeles Gay and Lesbian Chamber of Commerce
- Nashville LGBT Chamber of Commerce
- North Texas GLBT Chamber of Commerce
- Quorum
- Rainbow Chamber of Commerce Silicon Valley
- Wisconsin LGBT Chamber of Commerce
Last year, Wells Fargo was ranked the eighth biggest company in the world by Forbes. The bank has approximately 265,000 employees in 36 countries, with around $1.7 trillion (€1.5 trillion) in assets.
It is recognized as a long-time supporter of LGBTI diversity and inclusion. It has consistently scored the top ranking of 100 in the Human Rights Campaign’s Corporate Equality Index for the past 12 years, and has a regular presence at Pride events across the US.
Earlier this year, it won plaudits for an advert (below) featuring a same-sex couple that were adopting a child.
The post Wells Fargo gives $50,000 to help LGBTI businesses grow and prosper appeared first on Gay Star News.
David Hudson
www.gaystarnews.com/article/wells-fargo-gives-50000-to-help-lgbti-businesses-grow-and-prosper/
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