Small Business
November 21, 2014

Stimulating small business growth where it’s needed the most

In Washington, D.C., a local investment fund works with small businesses to provide the capital they need to grow and succeed.

Small is Huge SM

For 14 years, Wells Fargo has supported the work of the Washington Area Community Investment Fund, a community development loan fund that works with underserved individuals in the Washington, D.C., area.

Since its inception, the fund has helped more than 1,750 small businesses through one-on-one assistance, provided $55 million in capital lending, and created more than 1,400 full- and part-time jobs.

“We work with small businesses to provide them the capital they need to grow and succeed,” says Tim Flanagan, executive director.

Wells Fargo support includes multiple grants to help potential small-business owners gain the skills and capital they need to be successful. Wells Fargo team members volunteer to run programs on entrepreneurship and small business strategy.