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JPMorgan Chase & Co. furthers commitment to CSBDF, signs on as Latino Program Sponsor

RALEIGH – JPMorgan Chase & Co. has signed on to sponsor the Spanish-speaking courses of Carolina Small Business Development Fund’s (CSBDF) Digital Learning Academy (DLA), furthering their commitment to helping CSBDF fulfill its vision of creating economic opportunity for all people.


Carolina Small Business Development Fund is a statewide, nonprofit Community Development Financial Institution (CDFI) with a mission to foster economic development in underserved communities by providing capital, technical assistance, and policy research to light the way for small businesses. As part of that commitment, CSBDF offers the Digital Learning Academy, a free online tool for small business owners that offers courses from expert practitioners on a range of topics.


In addition to adding more classes to the available curriculum, JPMorgan Chase & Co.’s support of the Digital Learning Academy also helps translate into Spanish many of the existing courses available to entrepreneurs.


“CSBDF is committed to creating economic opportunity for all people in North Carolina, and our DLA is a valuable tool in providing underserved small business owners with the proper technical assistance to help them succeed,” said CSBDF Director of Development and Strategic Partnerships Amanda Sorrells. “Thanks to the continued support of JPMorgan Chase & Co., we are able to continue providing this free service to underserved communities in our small business ecosystem.”


JPMorgan Chase & Co.’s partnership with CSBDF dates back beyond 2017, with the financial institution now serving as the sponsor for the DLA courses of CSBDF’s Programa Empresarial Latino, which provides bilingual, comprehensive financial counseling and technical assistance to help open pathways to small business success for Latino entrepreneurs in North Carolina. Over the life of the program, Programa Empresarial Latino has deployed over $4 million in capital while offering over 2,000 hours of technical assistance.


“The partnership between JPMorgan and CSBDF has been pivotal in ensuring that CSBDF is a valuable resource to Latino entrepreneurs in North Carolina,” said Programa Empresarial Latino Director Carlos Liriano. “JPMorgan has continually invested in our commitment to making sure that Latino small business owners can access the resources needed to start, develop, and scale their businesses. This commitment to CSBDF’s DLA courses is just another example of the benefits of this strong partnership.”


As part of its support of the DLA, JPMorgan Chase & Co. worked with members of the CSBDF team to plan, edit, and record courses in Spanish. JPMorgan Chase Senior Business Banking Consultant Josue Figueroa instructed the courses, which included: El Poder del Capital (The Power of Capital), El Siguiente Nivel de Su Negocio (The Next Level of Your Business), Ventanas de Oportunidad (Windows of Opportunity), Conozca Su Flujo de Efectivo (Know Your Cash Flow), and Mercadeo en el Mundo Digital (Marketing in a Digital World). 


“CSBDF is a partner and trusted business guide for small businesses in North Carolina,” said CSBDF President & CEO Kevin Dick. “Thanks to JPMorgan's generous support and shared belief in our mission and vision, we have been able to uphold our commitment to fostering economic development in all communities in our state. When small businesses succeed, everyone benefits—and JPMorgan is helping us make sure that all small businesses can succeed.”


About Carolina Small Business Development Fund (CSBDF) 


Founded in 1990, Carolina Small Business Development Fund is a nonprofit and certified Community Development Financial Institution (CDFI) that fosters economic development in underserved communities through access to capital, technical assistance, and policy research to light the way for small businesses. Since 2010, CSBDF has contributed more than $102 million through 1,159 loans and 1,694 grants to dedicated small businesses across North Carolina, helping to create or retain more than 4,300 full-time jobs.  

FOR MEDIA INQUIRIES: 

Emily Blevins 

Marketing & Communications Director, CSBDF 

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