Press Releases and Updates
Thank You Bank Of America!
The fallout from COVID-19 has created an increased demand for our small business services throughout Buffalo & Rochester. Thanks to a $250,000 grant from Bank of America, we’re able to continue providing crucial help to underserved populations in Upstate NY & promote economic growth.
Five Star Bank Donates $20,000 to PathStone Enterprise Center
Five Star Bank recently donated $20,000 to PathStone Enterprise Center to assist in their efforts to develop credit repair specialists, technical assistance providers and mentors to work with Rochester and Buffalo minority-owned small businesses and entrepreneurs. In addition, the grants will support coordinated online classes for business owners that include basic business training, credit repair […]
Experts fear inequity may keep people of color, small businesses from money to reopen
As the federal government delivers hundreds of billions of dollars in emergency funding to try to save pandemic-ravaged businesses, the fear is growing that small and minority-owned businesses could find themselves overlooked. Read more …
CDFIs keep focused on affordable housing while awaiting more federal funds
On April 26, Democratic congressional leaders sent a letter to Treasury Secretary Steven Mnuchin and Small Business Administration Administrator Jovita Carranza seeking to set aside at least $10 billion in Paycheck Protection Program (PPP) funds to be accessed by community development financial institutions. One week earlier, a coalition of civil rights groups led by the […]
Mission-driven and community focused: PathStone Enterprise Center Buffalo
PathStone Enterprise Center, Inc. (PECI) is the small business lending and technical support arm of PathStone Corporation, a multi-state community development corporation. (PECI is also one of the sponsors of UpstartNY.) PathStone Corp. provides human, social, and development services for low-income individuals and communities. Read more …
