Four CDFIs Receive Grow with Google Small Business Fund Loans and Google.org Grants
In OFN’s most recent round of Grow with Google Small Business Fund loans and Google.org-funded grants, four CDFIs have received a total of $8.5 million…
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Tag: Impact Investing
OFN Conference Reflections: Investing in Climate Solutions for the Environment and the Economy
During a November 12 panel “Investing in Climate Solutions for the Environment and the Economy” at the virtual 2020 OFN Conference, I had…
Announcing the New Finance Justice Fund
OFN announced the launch of the new Finance Justice Fund on November 12 during the final day of the 2020 OFN Conference. The Finance Justice Fund is a socially…
OFN and HSBC Bank Deploy $25 Million Through CDFI Investment Fund
In August 2018, OFN and HSBC Bank USA established the Good to Grow CDFI Investment Fund (G2G Fund) to expand the flow of…
$10 Million Netflix Investment in HOPE Credit Union Sets Example for Private Sector
Hope Enterprise Corporation/Hope Credit Union (HOPE), a community development financial institution (CDFI) based in Jackson, Mississippi, will use a $10 million investment from Netflix to import capital…
OFN Awarded Grant from Newly Established Tipping Point Fund on Impact Investing
The Tipping Point Fund on Impact Investing (TPF), a donor collaborative vehicle with a mission of scaling the practice of impact investing, announced its…
Netflix to Invest 2% of Cash Holdings in CDFIs and Other Organizations Serving Black Communities
Netflix Director of Talent Acquisition Aaron Mitchell and Director of Treasury Shannon Alwyn announced in a June 30 blog post that the company will…
Google Announces New $50 Million Investment in CDFIs and Black Community
On June 17, Alphabet and Google Sr. Vice President & CFO Ruth Porat published a blog post regarding the company’s commitment to helping small businesses…
OFN Announces First Round of Google Loans and Google.org-funded Grants
On June 17, OFN announced the first round of Grow with Google Small Business Fund loans and grants funded by Google.org. Five…