Small Business Finance News
President Clinton Spearheading Small Business Initiatives
Written by Jenna Weiner
UBS will team with Clinton Foundation to provide guidance to small businesses.
UBS Wealth Management Americas has teamed with the Clinton Foundation's Economic Opportunity Initiative to provide guidance to small businesses in underserved communities, UBS announced on June 30.
The program will begin with a six-month pilot period in the New York City area. Businesses will be chosen to participate based on their potential to grow and create jobs. A UBS advisor and a business leader will consult on a pro bono basis with an assigned small business regarding financial decisions and best practices for growing the enterprise.
Group workshops featuring guest speakers will be held to bring together participants.
Former President Clinton has been at the center of good news for small business this week. The announcement of this UBS program came just a day after the kickoff of the latest Clinton Global Initiative meeting, focused on spurring domestic economic growth, kicked off in Chicago. On the first day of the meeting, microlender Kiva announced its committment to provide $3.5 million in loans to small businesses in select cities, and Onshore Technology Services committed to creating 1,000 IT jobs in rural Missouri.
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