The COVID-19 pandemic has highlighted and exacerbated the effects of centuries of racist policies. If we don’t act fast, this crisis will rob our communities of vibrancy, diversity, and strength for many generations to come. The current global recognition of the deep roots of racism reinforces how critical it is to use all the tools in one’s toolbox to advance racial justice. As such, finance can and should be used as a tool for change in advancing economic and health equity in our communities. Together, we can turn the tide.
small business
WES Mariam Assefa Fund Spotlights Mission Driven Finance
WES Mariam Assefa Fund, one of the visionary supporters of the Community Finance Fellowship, spotlights Mission Driven Finance.
Introducing the San Diego County COVID-19 Small Business and Nonprofit Loan Program
The San Diego County COVID-19 Small Business & Nonprofit Loan Program (SBNLP) is designed to help the small businesses and nonprofits at the heart of our community get back on track.
Small businesses & nonprofits respond to COVID-19
The COVID-19 crisis has forced small businesses and nonprofits around the world, including our Advance borrowers, to forget business as usual and respond in creative ways to best serve their community and survive—quickly. From delivering essential household goods and locally sourced food to staying connected with families by livestreaming nature walks, these businesses and organizations demonstrate the flexibility, resilience, and heart that make small businesses critical for communities to thrive.
COVID-19 letter to borrowers
We’re sharing with you—our community—the same message for small businesses and nonprofits that we provided to our active borrowers. During this challenging time, stay true to your values and support each other. None of us will come out of this unchanged. See our COVID-19 resources for small businesses and nonprofits.
Support Local Black-owned businesses in San Diego and watch our communities thrive
The best way to celebrate Black History Month this year? Shop at local Black-owned small businesses.
Our team reflects on 2019 and looks forward to 2020
With 2019 officially behind us, our team took a second to celebrate our favorite wins, which helps us to also look forward and set goals for 2020.
San Diego local & impactful shopping guide
The following handpicked businesses are sure to satisfy everyone on your list while supporting local business owners who care about our community.
Making funding accessible in the Asian Pacific Islander (API) community
ABASD and Mission Driven Finance are excited to launch the AdvanceAPI Fund and provide flexible capital for San Diego small businesses and nonprofits with an API heartbeat.
B Corp: Best for the World honoree
A year ago, we were certified as a B Corporation. This month we were named as one of the Best For The World for our incredible customers—the changemaking companies we support. We rank in the top 10% of all 3,000+ B Corps around the world for the positive impact we make together with our customers!
Insights From Innovators—interview with Cutting Edge Capital
Cutting Edge Capital spoke with Mission Driven Finance Co-founders Lauren Grattan and David Lynn to talk about our mission, and how our community-first perspective guides us to find investment opportunities.
How can we make investing in our community a great investment? Flip the traditional finance model on its head.
The idea for Advance came from speaking with people who wanted to invest in their communities and the issues that they cared about but didn’t know how.
Developing community with creative capital
When we first met Kris Schlesser, founder of LuckyBolt, he was six years into a quest to make the perfect breakfast burrito easily accessible to professionals on the go, and had been financing the business with high-interest credit cards and microloans.
Thoughts from the road: Small business drives strong communities across the country
David and Lauren spent National Small Business Week on the road in New York; Columbus, Ohio; and Baton Rouge, Louisiana. They spoke with stakeholders from different walks of life who all recognize the transformative power of small business from varied angles.
NPR: Breaking the cycle of disinvestment In lower-income communities
Our conversation with NPR about discrepancies in access to capital for lower-income communities and how we can level the playing field.
Our thoughts on San Diego’s Business Incentive Program
Yesterday, colleagues from Business For Good San Diego and I gave public testimony at the Economic Development & Intergovernmental Relations Committee (ED&IR) of the San Diego City Council as they reviewed proposed updates to the City's Business Incentive...
Announcing: Inner City Capital Connections SD kickoff breakfast
We are partnering with Kaiser Permanente San Diego to help introduce the Inner City Capital Connections (ICCC) national program to San Diego! When: Wednesday, April 25, 2018 | 7:30 am to 9:30 am 7:30 am breakfast 8 am program Where: Jacobs Center for Neighborhood...
San Diego Business Journal: Firm’s impact investing puts community in lending equation
Read the full article from the San Diego Business Journal on Mission Driven Finance and our community-based approach to impact investing and lending.