Wells Fargo has become a lead funder of the NorthSTAR Microgrant Fund, aligning with RevHub’s vision to empower entrepreneurs from underrepresented communities. With a generous $50,000 grant, this partnership aims to provide non-dilutive capital, allowing recipients to retain full control of their businesses.
The NorthSTAR Microgrant Fund offers microgrants ranging from $500 to $2,500, addressing significant barriers faced by startups. These grants cover essential early-stage costs such as prototyping, market research, and initial marketing efforts. By removing these financial obstacles, the fund helps high-potential entrepreneurs bring their business ideas to life.
Wells Fargo’s support goes beyond funding. It demonstrates a commitment to corporate social responsibility and the belief that diverse entrepreneurial talent drives economic and social progress. This initiative highlights the importance of providing equitable opportunities for all entrepreneurs, regardless of their background.
To learn more about the NorthSTAR Microgrant Fund and how to get involved, visit RevHub’s contact page.
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