KeyBank Grants $15,000 to WEDC for Entrepreneur Growth Lab and Small Business Support
The Women’s Enterprise Development Center (WEDC), a non-profit organization dedicated to promoting economic independence for women through small business development, has received a $15,000 grant from KeyBank Foundation, the charitable arm of KeyBank. This funding will support WEDC’s Entrepreneur Growth Lab, a program designed to guide entrepreneurs through the process of starting, managing, and growing their businesses. The Lab offers high-quality training, advisory services, and access to capital, with a focus on driving economic growth in Westchester County and the Hudson Valley.
Nikki Hahn, CEO of WEDC, expressed appreciation for the partnership, saying, "KeyBank's support plays a vital role in the success of our Entrepreneur Growth Lab. Their commitment not only provides resources to help early-stage businesses grow but also aligns with our broader goal of fostering a robust entrepreneurial ecosystem. This collaboration highlights the importance of financial institutions in empowering small business owners from underserved communities, offering opportunities for success and economic resilience where they are most needed."
Serving over 1,200 clients annually, WEDC primarily supports low-to-moderate-income women and minorities interested in entrepreneurship. The organization recognizes the unique challenges faced by clients, not just as business owners, but often as individuals navigating personal obstacles on their entrepreneurial journeys. WEDC also provides MWBE training and certification support, offering workshops for New York State certification in both English and Spanish to make these resources more accessible to BIPOC communities.
John Manginelli, KeyBank Market President for Hudson Valley and Metro NY, emphasized, “KeyBank is committed to supporting initiatives that promote economic empowerment and financial stability in underserved communities. Our grant to WEDC reflects our dedication to fostering entrepreneurship and creating opportunities for women to build successful businesses and stronger communities.”
KeyBank Foundation grants are part of KeyBank’s $40 billion commitment, launched in 2017, to support affordable housing, community development, small business lending, and philanthropic efforts focused on education, workforce development, and creating safe, thriving neighborhoods.
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Nikki Hahn, CEO of WEDC, expressed appreciation for the partnership, saying, "KeyBank's support plays a vital role in the success of our Entrepreneur Growth Lab. Their commitment not only provides resources to help early-stage businesses grow but also aligns with our broader goal of fostering a robust entrepreneurial ecosystem. This collaboration highlights the importance of financial institutions in empowering small business owners from underserved communities, offering opportunities for success and economic resilience where they are most needed."
Serving over 1,200 clients annually, WEDC primarily supports low-to-moderate-income women and minorities interested in entrepreneurship. The organization recognizes the unique challenges faced by clients, not just as business owners, but often as individuals navigating personal obstacles on their entrepreneurial journeys. WEDC also provides MWBE training and certification support, offering workshops for New York State certification in both English and Spanish to make these resources more accessible to BIPOC communities.
John Manginelli, KeyBank Market President for Hudson Valley and Metro NY, emphasized, “KeyBank is committed to supporting initiatives that promote economic empowerment and financial stability in underserved communities. Our grant to WEDC reflects our dedication to fostering entrepreneurship and creating opportunities for women to build successful businesses and stronger communities.”
KeyBank Foundation grants are part of KeyBank’s $40 billion commitment, launched in 2017, to support affordable housing, community development, small business lending, and philanthropic efforts focused on education, workforce development, and creating safe, thriving neighborhoods.
Click here to know more.
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