Forget-Me-Not: Despite the pandemic, Seattle ice cream sandwich maker remains resilient
Helped by Wells Fargo’s Open for Business Fund, a small ice cream sandwich business has been able to stay open during the pandemic — and continue to share a sweet family recipe.
When Hannah Laurin, owner of Forget-Me-Not Ice Cream Sandwiches in Seattle, needed assistance keeping her business going through the pandemic, she turned to Ventures, a nonprofit Community Development Financial Institution, for business coaching and capital. Ventures is among more than 200 nonprofits across the country that have received grants through Wells Fargo’s Open for Business Fund, a roughly $420 million small business recovery effort. The fund is expected to generate $1 billion in available financing for entrepreneurs.
In its first year, the Open for Business Fund has already helped a projected 124,000 minority-owned small businesses keep an estimated 226,000 jobs nationwide (through July 31, 2021). More than 80% of funding has gone to Black, African American, Hispanic, Native American, Asian, women, and other diverse small business owners who have been disproportionally impacted by the pandemic.