Wells Fargo Diverse Community Capital Program

  • Capital program for CDFIs who lend

  • to diverse-owned small businesses.



Wells Fargo LogoThe Wells Fargo Works for Small Business: Diverse Community Capital (DCC) program originally focused on distributing $75 million in capital over three years (2016 – 2018) to Community Development Financial Institutions (CDFIs) that serve diverse small businesses. While the original $75 million commitment was met in 2018, Wells Fargo committed an additional $100 million in grant capital, to continue and expand the program through 2020.

DCC funds are intended to be utilized by CDFIs to lend to diverse small business owners, support initiatives that increase access to capital and resources (such as technical assistance, marketing, outreach), and help more diverse small business owners get the coaching and education resources they may need. The program also has a social capital component, focused on activities to build effective support networks and social infrastructure among CDFIs for the purpose of increasing lending to diverse small businesses. Wells Fargo is collaborating with Opportunity Finance Network to execute certain aspects of the program.

Beginning in 2018 and continuing through 2020, the DCC program will offer two unique funding opportunities delivered on a rotating schedule. For more information, including program guidelines, please visit the Wells Fargo website.


  • Access Plus Capital - Fresno, CA

  • Access to Capital for Entrepreneurs, Inc. (ACE) - Atlanta, GA

  • Accion serving Illinois and Indiana - Chicago, IL

  • Accion serving Southern California - San Diego, CA

  • Accion serving the East Coast - New York, NY

  • African Development Center - Minneapolis, MN

  • AmPac Tri-State CDC - Grand Terrace, CA

  • Ascent Funding - Portland, OR

  • Beaufort County Black Chamber of Commerce - Beaufort, SC

  • Black Business Investment Fund Florida - Orlando, FL

  • Bridgeway Capital, Inc. - Pittsburgh, PA

  • Business Center for New Americans - New York, NY

  • Business Outreach Center Capital Corporation (BOC Capital) - Brooklyn, NY

  • California Capital Small Business Development Corporation - Sacramento, CA

  • California FarmLink - Santa Cruz, CA

  • Carolina Small Business Development Fund - Raleigh, NC

  • CDC Small Business Finance - San Diego, CA

  • CEN-TEX Certified Development Corporation d/b/a BCL of Texas - Austin, TX

  • Chicago Neighborhood Initiatives Micro Finance Group - Chicago, IL

  • City First Enterprises - Washington, DC

  • Coastal Enterprises, Inc. (CEI) - Brunswick, ME

  • Colorado Enterprise Fund - Denver, CO

  • Community First Fund - Lancaster, PA

  • Community Investment Corporation - Chicago, IL

  • Community Reinvestment Fund, USA - Minneapolis, MN

  • Community Vision Capital - San Francisco, CA

  • CommunityWorks Carolina - Greenville, SC

  • Cooperative Business Assistance Corporation - Camden, NJ

  • Cooperative Development Fund of CDS for Shared Capital Cooperative - St. Paul, MN

  • Cooperative Fund of New England - Amherst, MA

  • Craft3 - Ilwaco, WA

  • DreamSpring (fka Accion serving Arizona, Colorado, Nevada, New Mexico and Texas) - Albuquerque, NM

  • ECDC Enterprise Development Group - Arlington, VA

  • Economic & Community Development Institute (EDCI) - Columbus, OH

  • Entrepreneur Fund - Duluth, MN

  • Excelsior Growth Fund - New York, NY

  • Finanta - Philadelphia, PA

  • First American Capital Corporation - West Allis, WI

  • Forward Community Investments, Inc. - Madison, WI

  • Four Bands Community Fund - Eagle Butte, SD

  • Grameen America, Inc. - New York, NY

  • Hartford Community Loan Fund, Inc. - Hartford, CT

  • Houston Business Development - Houston, TX

  • HOPE Enterprise Corp. - Jackson, MS

  • Initiative Foundation - St. Cloud, MN

  • Justine PETERSEN - St. Louis, MO

  • Latino Economic Development Center - Washington, DC

  • LiftFund - San Antonio, TX

  • Local Enterprise Assistance Fund (LEAF) - Brookline, MA

  • Local Initiatives Support Corporation (LISC) - Los Angeles, CA

  • Main Street Launch - Oakland, CA

  • Maryland Capital Enterprises, Inc. - Salisbury, MD

  • Metropolitan Economic Development Association - Minneapolis, MN

  • Micro Enterprise Services of Oregon (MESO) - Portland, OR

  • Mission Economic Development Agency - San Francisco, CA

  • MoFi - Missoula, MT

  • Mountain BizWorks - Asheville, NC

  • Native 360 - Grand Island, NE

  • Natural Capital Investment Fund, Inc. - Shepherdstown, WV

  • Nebraska Enterprise Fund - Oakland, NE

  • New Jersey Community Capital - New Brunswick, NJ

  • Northern Initiatives - Marquette, MI

  • Northwest Minnesota Foundation - Bemidji, MN

  • Northwest Native Development Fund - Nespelem, WA

  • Opportunity Fund - San Jose, CA

  • Pacific Coast Regional Corporation Small Business Development - Los Angeles, CA

  • Pacific Community Ventures - San Francisco, CA

  • PathStone Enterprise Center - Rochester, NY

  • Pathway Lending - Nashville, TN

  • PeopleFund - Austin, TX

  • PIDC Community Capital - Philadelphia, PA

  • Prestamos CDFI, a subsidiary of Chicanos Por La Causa - Phoenix, AZ

  • Propel Nonprofits, Minneapolis, MN

  • Rainier Valley Community Development Fund - Seattle, WA

  • Raza Development Fund - Phoenix, AZ

  • Rural Investment Corporation - Lyons, NE

  • Self-Help Ventures Fund - Durham, NC

  • South Carolina Community Loan Fund - Charleston, SC

  • Southern Bancorp Community Partners - Little Rock, AK

  • Southwest Georgia United Empowerment Zone - Cordele, GA

  • Tampa Bay Black Business Investment Corporation - Tampa, FL

  • The Enterprise Center Capital Corporation - Philadelphia, PA

  • True Access Capital (fka First State Community Loan Fund) - Wilmington, DE

  • Union County Economic Development Corporation (UCEDC) - Cranford, NJ

  • Valley Economic Development Center, Inc. (VEDC) - Van Nuys, CA

  • Valley Small Business Development Corporation - Fresno, CA

  • Ventures - Seattle, WA

  • Washington Area Community Investment Fund - Washington, DC

  • West Philadelphia Financial Services Institution - Philadelphia, PA

  • Wisconsin Women's Business Initiative Corporation (WWBIC) - Milwaukee, WI

  • Women’s Opportunities Resource Center - Philadelphia, PA

  • Women's Economic Ventures - Santa Barbara, CA

  • WomenVenture - Minneapolis, MN

  • Working Solutions - San Francisco, CA

Success Stories

For more DCC stories, check OFN's CDFI stories page and apply the filter tag Wells Fargo Diverse Community Capital.

Main Street Launch Propels a Restaurateur to New Growth

Hope Enterprise Helps Build Brighter Futures with Bilingual Immersion

Pacific Community Ventures Connects Entrepreneur to Capital

Carolina Small Business Development Fund Steps Up for "A Step Above" Cleaning Services

Ascent Funding Helps Growing Small Business Seize Prime Opportunity

EDG Steps in to Boost a Small Businesses Poised for Growth in Baltimore

MICDC Helps Eva Bowman Start Up after a Set Back

Pathway Lending Positions APS Facility Maintenance on the Path to Success

ACE Helps Family-Owned Analia Home Health Care Services Secure a Permanent Home

Small Printing Business Gets Growing with Accion Support

Entrepreneur Drives Business Launch and Growth with Community First Fund Loan

A New Beginning with Self-Help

Next General of Agricultural Leaders Take the Reins with Assistance from Four Bands

Kansas City Contractor Constructs Strong Business Foundation with Justine PETERSEN Financing

PIDC Community Capital Helps Don Pedro Meats Cater to Larger Community

NNDF Helps Expand Access to Childcare

Fresno CDFI Helps Couple Make Modesto Childcare Center a Household Name

Small Business Owner Bounces Back from Cancer Set Back with WomenVenture Support

Northern Initiatives Boosts Small Business Boutique

Opportunity Fund Helps Small Business Owner Shift Into the Next Gear

LEAF Fund Helps Chef Prep for Small Business Competition

CEI Helps Create Opportunity with Advocacy and Advising

From Predatory Loan to Affordable Financing: Opportunity Fund Helps a Community Leader Rebuild

Nebraska Enterprise Fund Builds a Roadmap for Emerging Trucking Company

Accion Chicago Helps Trusted Business Partner Continue to Enhance her Business

BCNA Opens Doors for Ivory Coast Native