JPMorgan Chase has announced a collective $500,000 investment to Ethiopian Tewahedo Social Services.
JPMorgan Chase has announced a collective $500,000 investment to two local nonprofits, Ethiopian Tewahedo Social Services and Elevate Northland to develop a program that will help New Americans gain the access to capital and technical assistance needed to build and grow a business.
“JPMorgan Chase knows small businesses are the backbone of the economy, and the immigrant and refugee population plays a significant role,” said Corrine Burger, Columbus location leader at JPMorgan Chase during the official opening of the new ETSS corporate office.
Ethiopian Tewahedo Social Services (ETSS), an organization created to improve the quality of life of immigrant and refugee families in Central Ohio, and Elevate Northland, a community development corporation, partnered to launch BEGIN with Business CLAS. It stands for Build, Educate, Grow, Invest, Nurture (BEGIN) with Culturally and Linguistically Appropriate Services (CLAS).
The program will provide immigrants and refugees with the technical assistance and access to capital needed to build and grow a business. Phase one of the program begins by training leaders from various immigrant and refugee communities to gain the knowledge and skills needed to mentor community members about business concepts in Central Ohio.
