Kathy Welsh

Kathy Welsh

KeyBank Foundation Awards $50K Grant to Community Capital New York

L-R: Joseph Markey, KeyBank Market President of Hudson Valley and Metro New York; Renee Murdock, KeyBank Corporate Responsibility Officer; Kimberlie Jacobs, Executive Director of Community Capital New York and Kim Meyers, Development Director of Community Capital New York. Photo provided

ELMSFORD – Community Capital New York has been awarded a $50,000 grant from KeyBank Foundation, which will help fund its Hispanic Entrepreneurship Initiative.

Community Capital New York is a nonprofit SBA Certified lender that invests in local communities across the Hudson Valley. In addition to lending, Community Capital offers free business counseling sessions, workshops, and webinars to minority, women and low to moderate income borrowers.

“While our entrepreneurs might need a loan, they also seek guidance on strategic planning, financial analysis and marketing,” said Kim Jacobs, Community Capital’s Executive Director. “The KeyBank Foundation grant will help us provide these much-needed resources to our growing base of Hispanic business owners.”

Community Capital’s Hudson Valley Hispanic Entrepreneurship Initiative connects and deepens ties with the local Hispanic business community. The initiative will update and enhance the organization’s current Spanish language technical assistance program and develop additional workshops and counseling programs to help Hispanic entrepreneurs in the mid-Hudson region.

“Our goal is to be a trusted partner to Hudson Valley businesses, and we want to help them thrive and transform the way they manage and grow their business,” said Joe Markey, KeyBank Hudson Valley and Metro New York Market President. “Community Capital’s Hispanic Entrepreneurship Initiative is right in line with our approach, and we are happy to help the organization as it provides business owners with the resources they need to grow and expand in our region.”


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