Funders Archives -

JPMorgan Chase Holds “Entrepreneurs of Color” Event at MEDA’s Plaza Adelante

While the challenge of accessing capital plagues most small-business owners, the problem is especially acute among minority-owned ventures. A look at U.S. Small Business Administration lending data indicates an ongoing divide: Only 2 to 3 percent of loans go to African American-owned businesses, while the rate for Latinos ranges from just 5 to 6 percent….

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JPMorgan Chase Grants MEDA $600K to Replicate Innovative Financial Capability Service-Integration Model

JPMorgan Chase & Co. knows that too many people lack the tools and resources to manage their daily financial lives, whether for unexpected emergencies or to plan for the future. To help improve financial health, the company provides grants to impactful community-based organizations such as MEDA, which was recently awarded $600,000. MEDA and JPMorgan Chase know that…

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