News Comcast Announces $5 million Grant Program for BIPOC-owned Small Businesses Comcast has announced the next element of Comcast RISE – the Comcast RISE Investment Fund. This $5 million grant program will provide 100 individual… February 9, 2021
News Black-Led CDFIs to Help Drive More Than $40 Million in Google Funding to Black-Owned Businesses Minority-led CDFIs — like minority-owned businesses — often face an uneven playing field when it comes to accessing capital to grow their… February 9, 2021
Events Bill Clinton Joins CDFI Leaders to Discuss Power of CDFIs for Inclusive Economic Recovery On February 2, former President Bill Clinton joined leaders from across the CDFI, political, philanthropic, and corporate sectors to talk about how… February 8, 2021
Voices Raza Development Fund Offers Covid Relief to Latino Small Businesses with Wells Fargo Grant Latino small business owners are the fastest-growing group of entrepreneurs in the U.S. As of 2020, there are 1.1 million minority-owned small businesses, which… February 4, 2021
Voices Philanthropy News Digest Interview with OFN President and CEO Lisa Mensah After serving for two years as under secretary of agriculture for rural development in the Obama administration, Lisa Mensah joined OFN as… January 15, 2021
News Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions On January 12, Starbucks announced new initiatives as part of its long-standing commitment to use its scale and platform to positively impact the communities… January 12, 2021
Voices ACE Accelerates Growth and Resiliency of Diverse Businesses with Wells Fargo Grant The magnitude of this global pandemic’s impact on small business is extraordinary, posing an unparalleled economic danger to families and communities. Unwavering… December 10, 2020
Voices A Conversation with Finance Pioneer Inez Long At the OFN Annual Conference, OFN awarded financial crusader Inez Long with the 2020 Ned Gramlich Lifetime Achievement Award for Responsible Finance. Presented annually, the Gramlich… November 20, 2020
News OFN Awards 70 COVID-19 Grants to Smaller Member CDFIs OFN is pleased to announce 70 awardees of the COVID-19 CDFI Grant Program, totaling $4.9 million in funding. Generously supported by Morgan Stanley, this program aims to deliver critically-needed flexible… November 2, 2020