Washington, DC, Oct. 15, 2018 (GLOBE NEWSWIRE) -- The United States Hispanic Chamber of Commerce (USHCC) and Wells Fargo will award up to $100,000 in grants to local Hispanic chambers. The Local Chamber Grants will go towards strengthening programs that increase the scale and capacity of Hispanic-owned businesses, address the specific needs of local Hispanic communities, and target aspiring small business owners to hone their leadership skills.
The grants will be awarded to local chambers nationwide during the opening of the USHCC Legislative Summit in Washington, DC on April 2nd, 2019. With Wells Fargo’s generosity, the USHCC will disburse multiple grants ranging from $5,000 to $15,000. The grants will be awarded to exemplary local chambers who serve their members and local business communities.
The Wells Fargo and USHCC Partnership for Success extends the commitment that Wells Fargo has made to the USHCC Foundation and Hispanic business community over many years. By investing in the development of diverse business communities, and through this partnership with the USHCC, Wells Fargo directly contributes to the growth of small Hispanic businesses.
“We are deeply committed to our local chambers, and are very happy that we are able to continue this program into 2019,” said Ramiro Cavazos, USHCC President & CEO. “Thanks to Wells Fargo’s commitment to the USHCC and to our local chambers, we look forward to supporting the philanthropic initiatives that our local chambers run on a community-level.”
“We fully understand how vital Hispanic-owned businesses are to our local economies. This is why we are excited to collaborate with the Education Foundation of the USHCC on the local chamber grants for 2019,” said Regina Heyward, head of Supplier Diversity, Wells Fargo. “The grants for the local chambers of the UHSCC will help strengthen existing programs that foster and expand Hispanic small businesses throughout the United States.”
About USHCC
The USHCC actively promotes the economic growth, development, and interests of more than 4.37 million Hispanic-owned businesses, that combined, contribute over $700 billion to the American economy every year. It also advocates on behalf of 260 major American corporations and serves as the umbrella organization for more than 200 local chambers and business associations nationwide. For more information, please visit ushcc.com. Follow us on Twitter @USHCC.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.