JPMorgan Chase donates $500K to help small businesses in Florida
November 19, 2020 - JPMorgan Chase has donated $500,000 to two Florida nonprofits to support more than 750 small, minority-owned businesses in Florida struggling to overcome the economic crisis. The organizations, Prospera and Ascendus (formerly Accion East), will work together to assist small business owners in the greater Orlando, Miami and Tampa Bay areas who need support to withstand the ongoing challenges caused by the Covid-19 pandemic, a news release said. Through this donation, Prospera and Ascendus aim to retain 320 quality jobs. They also are joining forces to offer individual guidance and consulting, training in Spanish on topics that are vital for business recovery and sustainability, technical assistance that will address specific management and operational needs, loan repayment relief, and financial resources and expertise.