The program aims to promote equity in local communities by providing non-traditional financial and advisory support to aspiring small business owners who have difficulty obtaining financing through traditional channels.
May 19, 2022
CHICAGO, May 19, 2022 (Newswire.com) –
Inpsire11 announces the launch of the Macro Impact Through Micro Loans program. The Macro Impact Through Micro Loans program supports efforts to close the equity gap through financial assistance, business counseling and building community relationships with local business owners. Over the next five years, Inspire11 is committed to lending millions of dollars to underrepresented entrepreneurs struggling to access capital and services; this includes businesses run by minorities, women and immigrants. In the first year, they’re looking to award three local Chicago entrepreneurs up to $15,000 in funds and professional services to help them grow their business.
The Macro Impact Through Micro Loans program is launched as part of Inspire11’s mission and commitment to “Inspire a Brighter Future for ALL”. The program is a significant step towards creating a more equitable society where everyone can be empowered and thrive. “Our hope is to provide a platform for many who have a passion and a brilliant idea, but face obstacles in pursuing their dreams,” said Alban Mehmeti, CEO of Inspire11.
Hans Nelson, President of Inspire11, said: “While we understand that financial support is a key factor, we are acutely aware that funding alone does not equate to a successful business, which is why we also dedicate our expertise in business development, technology and consulting to the successful candidates and their businesses.We are not afraid to roll up our sleeves and go above and beyond to create a future where everyone has a greater stake in the game.”
Applications for the Macro Impact Through Micro Loans program are now open and will close on June 30, 2022. The three loan recipients will be notified on July 29, 2022. To learn more about the program and the application process, please visit https://m2m.inspire11.com/.
Inspire11 is a global consulting firm that combines strategy, design, digital and strategic business to create unparalleled value and positively transform the world in its wake. Inspire11 works with people and organizations to bring ideas to life at any maturity and scale, and as quickly as they need to deliver sweeping change and impact. The “11” in the name carries strong meaning as team members push beyond traditional business and technology boundaries to deliver increased levels of growth, innovation and competitive advantage. With nearly 300 employees in North America and an exclusive talent network in the Balkans, the company grew by 40% in 2021 and was recognized in 2020 and 2021 Inc. 5000 Fastest Growing Company. Its homepage is https://www.inspire11.com/.