The nonprofit microlender Accion said Wednesday that it is partnering with the New York Stock Exchange, which has committed $1.5 million to help create the Accion NYSE Job Growth Fund. The partnership is part of NYSE’s BigStartUp initiative, a nationwide movement that connects young companies and entrepreneurs with corporate America to fuel job creation.
The NYSE is also calling on the corporate community, including about 70 Florida NYSE-listed companies, to donate to the Job Growth Fund. Accion’s goal is to raise $10 million in this fund by 2020, which it believes can impact 1 million small businesses across the country.
Accion, the largest microfinance lending network in the United States, said that since 1991, it has made more than 1,950 loans to help support and build small businesses in Miami.
INA PAIVA CORDLE