Announcing Our FY2020 Impact Results

Written By Natalya Blumenfeld
 
 

Working Solutions is pleased to announce our FY20 results. The numbers above represent more capital and consulting hours than in any other year in Working Solutions’ 20-year history and demonstrate our commitment to listen, pivot, and respond to the needs of the small business community.

  • Capital: We have deployed $3 million since the onset of the COVID-19 pandemic in March. Of the total amount deployed in FY20, 70% went to businesses owned by entrepreneurs of color–including 22% to Black-owned and 24% to Latinx-owned businesses.

  • Consulting: Half of our 6,000 consulting hours have been provided since March with a focus on COVID-specific assistance. Clients are requesting support with cash flow management, navigating resources, risk mitigation, digital marketing, and business pivots.

  • Community: Working Solutions continues to update our online resource guide daily with actionable content for small business owners, including up-to-date information on grant opportunities, affordable loan options, free webinars, and other resources to support recovery.

Looking ahead, Working Solutions will remain nimble and poised to deliver a range of essential financial services to small businesses across the Bay Area.

Natalya Blumenfeld https://www.workingsolutions.org
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