Truist, NC Rural Center partner on $40M fund to support minority-owned businesses


CornerSquare Community Capital, launched Wednesday by the NC Rural Center and Truist, is a new $40 million nonprofit fund to support  entrepreneurs of color, women, and low-to-moderate (LMI) income communities and individuals.

“We’re thrilled to expand our partnership with Truist on this innovative program to help underserved small businesses with their single largest need – operating capital – during this difficult time,” said NC Rural Center’s president Patrick Woodie, in a statement. Read more.

This article appeared in WRAL TechWire.