CDC Small Business Finance and Capital Impact Partners Receive $950,000 in Grants from the U.S. Bank Foundation
The grant funding will support business advising and technical assistance for small business owners, as well as the Equitable Development Initiative program for real estate developers.
JULY 15, 2024 (Arlington, VA/San Diego, CA) – CDC Small Business Finance and Capital Impact Partners — two mission-driven nonprofits that are part of the Momentus Capital branded family of organizations — have been awarded a combined total of $950,000 in multi-year grants from the U.S. Bank Foundation.
“We are grateful for our ongoing collaboration with U.S. Bank and its continued support of our mission to provide people and communities with the opportunities they deserve,” said Natalie Gunn, chief finance officer for the Momentus Capital branded family of organizations. “This grant funding will significantly help our ability to offer programs that help developers and other small business owners to grow their businesses, build generational wealth, create jobs and bolster the communities they serve.”
“We’re proud to work with organizations like Capital Impact Partners and CDC Small Business Finance that are creating access and opportunities for more people, helping drive economic growth and building thriving communities,” said Erica Opstad, head of community affairs and managing director of the U.S. Bank Foundation.