US EditionComerica Bank Swings Big to Support Small Business Growth with $250,000 Contribution to Community Organizations
- On May 5, 2025, Comerica Bank announced a $250,000 contribution to five nonprofit organizations supporting small business growth across five U.S. Markets during National Small Business Week.
- This donation responds to Comerica's ongoing commitment since 2022 to enhance small business growth by providing resources typically reserved for larger commercial clients to underserved entrepreneurs and communities.
- The grant recipients are five nonprofit organizations: Impact Ventures based in Dallas; the Pacific Asian Consortium in Employment located in Los Angeles; TechTown, affiliated with Wayne State University in Detroit; the Women's Business Enterprise Alliance headquartered in Houston; and Working Solutions CDFI operating out of San Francisco. Each focuses on supporting entrepreneurship, fostering job growth, and promoting inclusive economic development within their communities.
- TechTown has supported over 6,090 companies generating 2,277 jobs and raising $406 million, while Comerica was recognized as 'Best Bank' for Small Business Banking, reflecting its long-term advisory and relationship capabilities.
- Comerica's investment marks the start of a week-long National Small Business Week celebration, acknowledging the 34.8 million U.S. Small businesses and their essential role employing 59 million workers and driving economic growth.
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Farm Talk Newspaper+23 Reposted by 23 other sources
Comerica Bank Swings Big to Support Small Business Growth with $250,000 Contribution to Community Organizations
Small Business Community Incubators to receive $50,000 each for assisting entrepreneurs in five Comerica markets
·Parsons, United States
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