Grassroots Business Fund

RUSSELL INNOVATION CENTER FOR ENTREPRENEURS RECEIVES $1.5M PHILANTHROPIC INVESTMENT FROM WELLS FARGO

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Tuesday, November 21, 2023

ATLANTA, Nov. 21, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced that they will receive a $1.5 million philanthropic investment from Wells Fargo & Company (NYSE: WFC). The momentous investment aims to scale Wells Fargo's continuous support of the phenomenal work at RICE through initiatives aimed to develop small businesses, facilitate access to capital, curate dedicated learning spaces, and expand RICE's reach and impact throughout Atlanta and beyond.

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ATLANTA, Nov. 21, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced that they will receive a $1.5 million philanthropic investment from Wells Fargo & Company (NYSE: WFC).
To kick off the grant announcement, RICE and Wells Fargo hosted a pop-up holiday market at the Russell Center featuring a variety of products from RICE entrepreneurs in celebration of small businesses doing wonders for their community.
Access to Capital: The Wells Fargo investment will help to fund 50 small business micro grants for RICE stakeholders.
Placemaking: Wells Fargo will unveil the "Wells Fargo Learning Lab", which will bear the bank's name in perpetuity.

Pentathlon Ventures Launches $55 Million Fund II to Invest in 25 B2B SaaS Start-ups

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Wednesday, September 6, 2023

Enablement, Software as a service, Grassroots Business Fund, Weak artificial intelligence, Mayya, Globant, Investment, Symphony, Association of British HealthTech Industries, VC, Marketing, Veritas, Clarice, Fintech, Wisdom

RIDGEWOOD, N.J., Sept. 6, 2023 /PRNewswire/ -- Pentathlon Ventures, an early-stage B2B SaaS-focused venture capital firm, has announced the launch of its second fund with a target of $55 Million. The fund aims to invest in 25 B2B SaaS start-ups, supporting breakthrough solutions across Enterprise Digital Transformation, E-commerce Enablement, Fintech, Vertical SaaS, Applied AI, Sustainable Tech, and HealthTech.

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RIDGEWOOD, N.J., Sept. 6, 2023 /PRNewswire/ -- Pentathlon Ventures , an early-stage B2B SaaS-focused venture capital firm, has announced the launch of its second fund with a target of $55 Million.
The fund aims to invest in 25 B2B SaaS start-ups, supporting breakthrough solutions across Enterprise Digital Transformation, E-commerce Enablement, Fintech, Vertical SaaS, Applied AI, Sustainable Tech, and HealthTech.
US-based Managing Partner Ashok Mayya observed, "Our core expertise is in early-stage B2B SaaS companies built from India.
For Fund II, Pentathlon Ventures is raising capital from a mix of Indian and global limited partners encompassing successful business leaders, corporations and institutions.

Everest Business Funding Named 2023 Winner for Best and Brightest Companies to Work For in Nation

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Friday, May 26, 2023

Small Business, Banking, Professional Services, Finance, Grassroots Business Fund, National Association for Community College Entrepreneurship, The Wall Street Journal, Confidentiality, Corp, Organization, Knowledge, National Association, Risk management, Nation

The Spring 2023 Best and Brightest Companies To Work For in the Nation list, curated by the National Association for Business Resource, proudly features Everest Business Funding among its esteemed honorees.

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The Spring 2023 Best and Brightest Companies To Work For in the Nation list, curated by the National Association for Business Resource, proudly features Everest Business Funding among its esteemed honorees.
We are honored to be recognized by The National Association for Business Resource and grateful to accept the honoree acknowledgment for one of 2023’s Best and Brightest Companies to Work For in Nation,” said Everest Business Funding.
Along with Everest Business Funding, a total of 195 organizations won the honor of spring’s Best and Brightest National winners.
To understand more about why Everest Business Funding won the Best and Brightest Companies to Work For in the Nation and explore their exceptional team and comprehensive range of services, visit https://www.everestbusinessfunding.com/ .

Everest Business Funding Won Miami’s Best and Brightest Award Third Year in a Row

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Wednesday, May 3, 2023

Small Business, Professional Services, Finance, Grassroots Business Fund, Food, EQUAL Community Initiative, Research, Organization, Corporation, Communication, Growth, National Association, Laurence Olivier Award for Best Company Performance, Film industry, Recognition, Best, Engagement

Everest Business Funding has been honored as a winner of Miami’s Best and Brightest Award for three back-to-back years.

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Everest Business Funding has been honored as a winner of Miami’s Best and Brightest Award for three back-to-back years.
“The National Association for Business Resources has overseen the Best and Brightest competitions for more than 25 years now, and we are honored to be awarded the achievement three years in a row out of those 25,” commented Everest Business Funding.
So far, the only two companies from the Miami area awarded Miami’s 2023 Best and Brightest Winners are CBIZ and Everest Business Funding.
For more information about how award-winner Everest Business Funding is helping businesses reach their goals through innovative funding options, visit https://www.everestbusinessfunding.com/about/ .

EQS-News: READY FOR BUSINESS FUND IS DISTRIBUTING MORE THAN $200,000 IN CASH GRANTS TO 76 SMALL BUSINESSES IN WASHINGTON

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Monday, November 7, 2022

SEATTLE, November 7, 2022 The Ready for Business Fund a relief program launched by GSBA, Washington States LGBTQ and allied chamber of commerce, and Comcast is distributing $2,500 and $4,000 cash grants to 76 small businesses throughout Washington state.

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SEATTLE, November 7, 2022 The Ready for Business Fund a relief program launched by GSBA, Washington States LGBTQ and allied chamber of commerce, and Comcast is distributing $2,500 and $4,000 cash grants to 76 small businesses throughout Washington state.
The Ready for Business Fund was founded in the summer of 2020 with an initial $100,000 investment from Comcast and designation of GSBA as the fund manager.
To date, the fund has supported more than 200 small businesses in Washington with nearly $1 million in financial support and wraparound services.
The Ready for Business Fund was renewed this year with an additional $75,000 in funding from Comcast and GSBA, reprising its role as the program and fund manager.

The Miami Foundation Open for Business Program Now Available to Help Strengthen Historically Underserved Small Businesses in Miami-Dade County

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Thursday, October 6, 2022

MIAMI, Oct. 6, 2022 /PRNewswire/ -- The Miami Foundation, one of the largest philanthropic institutions in South Florida, announced today the official opening of the Miami Open for Business program to support historically underserved small business owners in Miami-Dade County. Funded with a $20 million grant from Wells Fargo announced earlier this year, the program aims to empower nonprofits and small businesses to build generational wealth and resilience through the purchase and ownership of critical business assets, such as property, equipment, and technology.

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Eligible non-profits and small businesses can now apply at miamiopenforbusiness.org for a variety of grants and loans.
"We're excited to help open up a new avenue for capital and expertise through the Miami Foundation and its partners."
With this investment from Wells Fargo and leadership from The Miami Foundation, we'll both strengthen our small business ecosystem and build the financial resilience of minority-led businesses countywide."
"The Open for Business Program by the Miami Foundation is concrete proof that we are building a city that Works for Everyone," said Mayor Francis Suarez.

Inc Authority Achieves Prestigious Ranking on the Annual Inc. 5000 List for the 2nd Straight Year

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Tuesday, September 27, 2022

RENO, Nev., Sept. 27, 2022 /PRNewswire/ -- Recently, Inc. Magazine revealed that Inc Authority has once again been recognized on their annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States.

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RENO, Nev., Sept. 27, 2022 /PRNewswire/ -- Recently, Inc. Magazine revealed that Inc Authority has once again been recognized on their annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America.
The Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States.
Reno, Nevada-based Inc Authority is the business formation firm of choice, helping entrepreneurs around the country achieve the dream of business ownership.
Inc Authority focuses on no-cost Secretary of State registration services for entrepreneurs who are starting LLCs or corporations.

Wells Fargo to Commission Third-Party Racial Equity Audit

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Tuesday, September 13, 2022

Wells Fargo & Company (NYSE: WFC) announced today that it will commission an external, third-party racial equity audit.

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Wells Fargo & Company (NYSE: WFC) announced today that it will commission an external, third-party racial equity audit.
Commissioning this work is a critical next step in reinforcing our commitment to racial equity and closing the wealth gap in this country, said Chief Executive Officer, Charlie Scharf.
DE&I is an imperative at Wells Fargo, and we consistently strive to measure our progress and hold ourselves accountable.
The assessment will be conducted by Covington & Burling LLP, a nationally recognized law firm with deep experience leading civil rights and racial equity audits across various industries.

Everest Business Funding Wins Two of 2022's Best and Brightest Companies to Work For Awards

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Monday, July 18, 2022

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NEW YORK, July 18, 2022 /PRNewswire-PRWeb/ -- Everest Business Funding recently has been awarded two honorable titles, including a 2022 Winner for Miami's Best and Brightest Companies to Work For and a 2022 Winner for the Best and Brightest Companies to Work For in the Nation. The Best and Brightest competition seeks to identify and honor companies that have proven their commitment to excellence throughout company operations and employee enrichment.

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NEW YORK, July 18, 2022 /PRNewswire-PRWeb/ -- Everest Business Funding recently has been awarded two honorable titles, including a 2022 Winner for Miami's Best and Brightest Companies to Work For and a 2022 Winner for the Best and Brightest Companies to Work For in the Nation.
These actions were what Everest Business Funding is recognized for embracing even during previous and present economic hardships.
The Best and Brightest program recognized 19 winning organizations, like Everest Business Funding, from these four cities out of 100 nominations.
On a national scale, there were 139 organizations that stood out and were awarded the spring Best and Brightest Companies To Work For in the Nation, including Everest Business Funding.

Wells Fargo Delivers Mentorship for 1,000 Women-Owned Businesses

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Tuesday, June 14, 2022

Wells Fargo today announced it is doubling our support for women-owned businesses through its Connect to More program after providing over 500 mentorship opportunities to women last year.

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Wells Fargo today announced it is doubling our support for women-owned businesses through its Connect to More program after providing over 500 mentorship opportunities to women last year.
This year, Wells Fargo will expand its partnership with the Nasdaq Entrepreneurial Center to provide over 1,000 complimentary mentorship opportunities through its signature 12-week Milestone Circles mentorship program and roughly 13,000 hours of technical assistance.
As part of the program, Wells Fargo partnered with the Nasdaq Entrepreneurial Center to offer complimentary support through its signature Milestone Circles.
News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.