To support women entrepreneurs most impacted by the COVID-19 pandemic and related economic challenges, the Women’s Business Enterprise National Council (WBENC) partnered with Wells Fargo to launch a new grant program – the Wells Fargo WBENC LIFT Grant.
With the generous financial support of Wells Fargo, the Wells Fargo WBENC Lift Grant program is providing 15 WBENC-Certified Women’s Business Enterprises (WBEs) with $5,000 in much-needed funding to aid in the sustainability of their businesses and needs as a result of the COVID-19 pandemic.
As the nation’s largest certifier of women-owned businesses and a leading advocate for women business owners and entrepreneurs, WBENC understands the challenges women business owners face, particularly when it comes to access to capital and financing. To meet these challenges head-on, WBENC established the WBENC LIFT Financial Center of Excellence, a new integrated education and funding program for women entrepreneurs that will provide comprehensive financial support and resources, including education, coaching, networking, and funding opportunities.
As the economic impact of COVID-19 heightened the urgent need for greater access to capital for women entrepreneurs, who have been disproportionally affected by the pandemic, WBENC partnered with Wells Fargo to provide financial support to women-owned businesses at this critical moment.
“Women-owned businesses need our support now more than ever,” says Pamela Prince-Eason, WBENC President & CEO. “Wells Fargo has been a longtime supporter of women’s economic development, and we are proud to partner with them to help WBEs survive and thrive through this crisis.”
As one of America’s Top Corporations for Women’s Business Enterprises, Wells Fargo has long demonstrated a commitment to the development and growth of women-owned businesses as suppliers. The Wells Fargo WBENC LIFT grant demonstrates a continued investment in supporting women entrepreneurs when and where they need it most.
About Wells Fargo
Wells Fargo & Company is a diversified, community-based financial services company with $1.98 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.