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February 4, 2022
Umpqua Bank announced a new program that expands access to capital, resources, and expertise for minority and women entrepreneurs. Umpqua Bank’s Small Business Empowerment Program builds on existing private and public partnerships, including strategic initiatives with numerous business-focused nonprofits and Community Development Financial Institutions (CDFIs), to advance economic equality and opportunity for entrepreneurs in historically underserved communities.
As part of the program, Umpqua has formed multi-year partnerships with four organizations, each working to remove barriers to key areas of business support, including access to technology, low-cost financing, and technical assistance and expertise: Oregon-based MESO (Micro Enterprise Services of Oregon); Washington-based Business Impact NW; California-based Centro Community Partners and Kiva.
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