Dear community,

As we begin a new month under extended shelter in place orders, we’re thinking about the workers and entrepreneurs that run the many businesses ICA serves. Many of our companies have adapted quickly to stay in business, but almost all of them have been hit hard by the lockdown.

ICA’s companies employ thousands of workers in the Bay Area. We are committed to providing entrepreneurs the connections, mentoring, and capital they need to weather the storm.

Our Rapid Response Liquidity Fund provides fast financing for companies that need cash to pay employees and adapt to drastic changes in the marketplace. We just approved four more applications, bringing the total deployed over $210,000 in interest-free loans, to seven companies.

As the COVID19 crisis continues, it exacerbates existing inequities in our financial system. ICA’s mission to champion small businesses to close the racial and gender wealth gaps is more important than ever. That’s why, this Giving Tuesday (May 5th) we are asking for your support.

With your help, we can respond to immediate needs while we seek to build an inclusive economy that works for all.

Will you join us?

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Allison Kelly, CEO  

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