""America's military strength is also predicated on economic strength. And that economic strength is somewhat predicated on life, liberty and the pursuit of happiness - and equal opportunity. So if you want to have an equal opportunity country, you need to do some of these things to give people more opportunity.""
"The American Dream Initiative aims to support small businesses by unlocking more access to capital, coaching, and tools for tasks like payroll and invoicing."
"JPMorgan plans to lend $80 billion to small businesses over the next decade, mentor 115,000 small business owners across 80+ cities by 2030, and hire 1,000 additional small business bankers."
JPMorgan Chase has initiated the American Dream Initiative, a multi-year program aimed at investing in small businesses, affordable housing, and job training nationwide. The initiative focuses on enhancing access to capital, providing coaching, and offering tools for business operations. The program plans to lend $80 billion to small businesses over the next decade, mentor 115,000 small business owners, hire 1,000 additional bankers, and increase its client base to 10 million. This effort builds on JPMorgan's existing $1.5 trillion Security & Resiliency Initiative.
Read at Axios
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