{"id":31177,"date":"2021-01-28T16:46:22","date_gmt":"2021-01-28T21:46:22","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?p=31177"},"modified":"2021-02-24T23:02:56","modified_gmt":"2021-02-25T04:02:56","slug":"starbucks-announces-100-million-investment-in-cdfis-and-other-impact-focused-financial-institutions","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/starbucks-announces-100-million-investment-in-cdfis-and-other-impact-focused-financial-institutions\/","title":{"rendered":"Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions"},"content":{"rendered":"<div class=\"landing-links\"><a href=\"\/february-issue-2021\/\">&gt;&gt; Back to February 2021 Issue<\/a><\/div>\n<p>In January 2021, Starbucks <a href=\"https:\/\/stories.starbucks.com\/press\/2021\/starbucks-expands-initiatives-to-advance-opportunity-equity-and-inclusion-in-the-communities-it-serves\/\" target=\"_blank\" rel=\"noopener\">announced new initiatives<\/a> as part of its long-standing commitment to use its scale and platform to positively impact the communities it serves.<\/p>\n<p>By 2025, the Starbucks Community Resilience Fund will invest $100 million to advance racial equity and environmental resilience by supporting small business growth and community development projects in neighborhoods with historically limited access to capital. The investments will initially focus on 12 U.S. metropolitan areas and their surrounding regions: Atlanta, Detroit, Houston, Los Angeles, Miami, Minneapolis, New Orleans, New York City, Philadelphia, San Francisco Bay Area, Seattle, and Washington, D.C.<\/p>\n<div id='div-gpt-ad-1622053269469-0' class=\"ad-float-left\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053269469-0'); });\n<\/script><\/div>\n<p>In partnership with community leaders, CDFIs, and other impact-focused financial institutions, the Fund will help provide access to capital intended to support small businesses and neighborhood projects, including those addressing the inequitable impacts of climate change.<\/p>\n<p><em>\u201cStarbucks is investing in the survival of small business by working with CDFIs in key cities across America. CDFIs deliver affordable credit as well as training on disaster recovery and rebuilding \u2013 and that is exactly what small businesses need right now to withstand ongoing economic and climate changes,\u201d <\/em>said OFN President and CEO Lisa Mensah. <em>\u201cWith partners like Starbucks and CDFIs, these small businesses will have a fighting chance to recover, rebuild, hire workers, and serve their local economy.\u201d<\/em><\/p>\n<p style=\"text-align: left;\">Read <a href=\"https:\/\/stories.starbucks.com\/press\/2021\/starbucks-expands-initiatives-to-advance-opportunity-equity-and-inclusion-in-the-communities-it-serves\/\" target=\"_blank\" rel=\"noopener\">the full announcement<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-31192 aligncenter\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2021\/01\/SBX010821-Starbucks-Community-Resilience-Fund.jpg\" alt=\"SBX010821-Starbucks-Community-Resilience-Fund\" width=\"612\" height=\"1008\" srcset=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2021\/01\/SBX010821-Starbucks-Community-Resilience-Fund.jpg 612w, https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2021\/01\/SBX010821-Starbucks-Community-Resilience-Fund-182x300.jpg 182w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/p>\n<p>Source: OFN<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span style=\"font-weight: 400;\">As part of its long-standing commitment to use its scale and platform to positively impact the communities it serves, the Starbucks Community Resilience Fund will invest $100 million by 2025, to advance racial equity and environmental resilience by supporting small business growth and community development projects in neighborhoods with historically limited access to capital.<\/span><\/p>\n","protected":false},"author":3,"featured_media":31266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[318],"tags":[125,139,136,134],"class_list":["post-31177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-february-2021-millennials-and-money","tag-additional-articles","tag-food-farming","tag-impact-investing","tag-sustainable-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Starbucks Announces $100 Million Investment in CDFIs and Other Impact-focused Financial Institutions - Green Money Old version<\/title>\n<meta name=\"robots\" content=\"noindex, follow, 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