Press Coverage

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When Guzman visited Philadelphia last summer, she met with officials from The Enterprise Center in West Philadelphia. Since that time, The Enterprise Center launched a Small Business Investment Company (SBIC) that will provide growth equity capital to local “standout” minority- and women...

There’s no shortage of advice from experts and entrepreneurs to help you start up a business. Have a business plan, they say. Make sure you’ve accumulated enough capital. Put together a team of advisers. Watch your overhead. Be prepared to spend a lot of time.


All of that advice is true. But what...

Honeysuckle Provisions (310 S 48th St., mid-September). What chefs Omar Tate and Cybille St. Aude-Tate’s call their “Afrocentric grocery cafe” is reaching the finish line after two years. Omar Tate says the small grocery will sell produce from local Black farmers (including themselves — they operate...

Children’s Hospital of Philadelphia hopes to improve health outcomes for kids by repairing the homes they live in, thanks to a $1 million investment from Bank of America. CHOP will select more than 100 homes in West and Southwest Philadelphia — where one-third of children live below the poverty line...

Funding aims to reduce health disparities for patient and families living in West Philadelphia, extending CHOP’s overall community impact.

[Della Clark]'s leadership throughout her 30-year career at the Enterprise Center, which offers financial services to minority and women business owners, has made her an invaluable asset for many in the Philadelphia community. It is for those three decades of work, as well as her dedication to...

A new agreement between the city of Philadelphia and SEPTA is designed to promote diversity in contracting and supply the transit agency with the materials it needs to move into the future.


Deputy Managing Director Mike Carroll, who is also a SEPTA board member, said the Equity in Infrastructure...

This Sunday, June 19, is Juneteenth, a federal holiday commemorating the end of slavery in the United States. The date marks the day in 1865 enslaved people in Galveston, Texas were finally told of their freedom, more than two years after the signing of the Emancipation Proclamation.


A recent...

The funding will aid The Enterprise Center, and is a continuation of Wells Fargo’s pledge to support small businesses in a variety of ways.


The 52nd Street business corridor in West Philadelphia will be receiving an extra boost!


On Monday, June 13, Wells Fargo announced that it will provide...

The 52nd Street business corridor will get improvements ahead of Philadelphia’s Juneteenth Parade and Festival, thanks to funding received as part of Wells Fargo’s “HOPE 2.0” initiative. The $250,000 in funding, presented to The Enterprise Center today, is a continuation of Wells Fargo’s “HOPE, USA”...

Who's who in the local technology and business community? These Philadelphians are opening doors and bringing others together in another challenging year.


If you wanted to join the Philly tech community today and hit the ground running, who should you meet? Who would help you on your way? It’s a...

The Enterprise Center in Philly pioneers a new idea to fill in the equity gap by getting private investment fund managers to invest in more women- and minority-led businesses.


The Enterprise Center’s new Innovate Capital Growth Fund is specifically seeking out minority- or women-owned businesses...

Comcast recently officially announced of the latest round of RISE grant funding to be distributed. The Comcast RISE Investment Fund will provide $1 million in grants to support Philadelphia small businesses hardest hit by the pandemic.

The national nonprofit Founders First CDC has announced its second expanded “Job Creators Quest Grant for qualified businesses in Pennsylvania and New Jersey.


The program will total $100,000 and be awarded to 30 minority and underrepresented businesses in the neighboring northeast states. Grant...

In honor of National Small Business Week, Wells Fargo convened a panel discussion of local leaders in partnership with the Enterprise Center, Camden Business Association, Camden Community Partnership, Latin American Economic Development Association and Parkside Business & Community in Partnership...

Councilwoman Cherelle Parker on Monday morning kicked off National Small Business Week with a news conference outside the New Olympia House restaurant, 7242 Castor Ave.


Parker was joined by officials of the Pennsylvania Community Development Financial Institutions Network, city commerce...

The U.S. Small Business Administration (SBA)  today announced that it will host its first-ever Small Business Investment Company (SBIC) Diverse and Emerging Fund Manager Forum on April 25. The event will feature the Honorable Administrator Isabella Casillas Guzman and leaders across the...

Della Clark, president of The Enterprise Center is seeking to raise $50 million for the Innovate Capital Growth Fund to address the capital gap faced by numerous minority and women owned businesses in the mid-Atlantic region.


With the launch of the fund, TEC becomes the first Minority Business...

One of the most prominent non-profit organizations in West Philly, The Enterprise Center, is launching a fund in order to help struggling businesses owned by women and people of color within the Philadelphia, New Jersey and the Mid-Atlantic area.


Many up-and-coming entrepreneurs and businesses...

The Enterprise Center, the West Philadelphia-based nonprofit offering business education and capital resources, is officially launching its fund to support investments in women- and minority-owned businesses. Called the Innovate Capital Growth Fund and aiming to cap at $50 million, the plans for the...

Della Clark, president of the Enterprise Center of West Philadelphia, is raising $50 million for a new, for-profit fund investing in small businesses run by women and underrepresented entrepreneurs in Pennsylvania, New Jersey and other mid-Atlantic states, the founders said Monday.


Clark’s...

The Enterprise Center said Monday that it is launching a Small Business Investment Company (SBIC) that will provide growth equity capital to local “standout” minority- and women-owned businesses in the Philadelphia region.


An SBIC is a privately owned and operated company that makes long-term...

At a time when affordable housing and job markets are at a crisis point, one organization in Philadelphia is tackling the challenge head-on — and centering women developers of color in the process.


A $900,000 specialty fund from The Enterprise Center, a nonprofit that supports small and mid-sized...

Philadelphia-area partnerships between for-profit companies and nonprofit organizations are taking local philanthropy to new heights.

Read the full article here.

U.S Congressman Dwight Evans received a $1million grant to renovate West Philadelphia’s 52nd Street.

This money will go towards West Philadelphia’s famous 52nd Street in order to add more businesses and create more jobs, while also revamping the area to give it a makeover.

This new business...

Following the passage of the $1.9 trillion American Rescue Plan a year ago almost to the day, the Nowak Lab and New Localism Associates created an “Investment Playbook” tool to help cities maximize the fragmented flow of federal funds by strategically selecting geographies of opportunity and...

2022 marks what could be a new era for inclusive entrepreneurship and broad-based, dynamic growth.

National League of Cities, an organization comprised of local leaders across the US that are focused on improving the quality of life in their communities, is developing an action guide called A Roadmap to Inclusive Entrepreneurship. And Wilmington leadership is involved.

Minority entrepreneurs in New Jersey now have access to consulting services in Camden that will help their businesses grow both financially and online.

Wells Fargo has earmarked $420 million to small business recovery efforts for those hardest hit—minority and women-owned businesses.

The Enterprise Center of New Jersey will also house the new Camden Cares Business Center, with funding from the CARES Act. This program will provide technical assistance, training services, and funding application support to COVID-impacted businesses in Camden.

Clients will participate in intake...

JPMorgan Chase announced a $30 billion commitment to advancing racial equality and economic opportunity for people and communities of color over four years. Other institutions have made similar pledges. PNC promised $1 billion to social justice and economic empowerment of Black communities. Wells...

The University City Science Center will recognize four local leaders during its annual Nucleus Awards on September 21, 2021, presented by CSL Behring. This year’s class of honorees includes Max Perelman, Co-founder and Business Lead of Biomeme; Della Clark, President of The Enterprise Center; Tracey...

Community members in Walnut Hill including the Walnut Hill Community Association gathered in a collaborative effort with the Wells Fargo Regional Foundation and The Enterprise Center to rebuild Walnut Hill Park creating a safe and relaxing space for children and families. 

MBC-PA Director James Sanders highlighted the importance of kicking the partnership off by focusing on the importance of how advisory boards assist business development.

“We have looked at our clients that we’re worked with over the past 10 years, and we’ve noticed that the firms that have grown...