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Wells Fargo Expands Resources for Women-Owned Small Businesses

SAN FRANCISCO--()--Wells Fargo today announced resources designed to help increase the growth of women-owned small businesses, including a $1.5 million grant to How Women Lead aimed at disrupting the unequal venture capital (VC) system for women founders. The grant will help inspire 10,000 women to invest with venture capital for the first time, ultimately building a $1 billion fund. In addition, the company is sharing new data and an interactive tool-kit on closing the economic gaps facing women entrepreneurs.

“Supporting women and women in business has always been a huge priority at Wells Fargo and this month we are underscoring our year-round commitment,” said CEO of Wells Fargo Consumer and Small Business Banking Mary Mack. “If we come together on actionable steps to close the gender inequity gap, we can accelerate the trajectory of women entrepreneurs and their contributions to the economy.”

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