Starbucks investing $10 million to boost small business in Chicago
Starbucks Coffee Company is hoping to spur economic development and entrepreneurship in Chicago’s underserved neighborhoods.
Weeks before the opening of its ReserveRoastery on Chicago’s Magnificent Mile, Starbucks said it plans to invest $10 million in four community lenders to drive economic opportunity in Chicago. The investment is expected to help finance more than 500 loans to foster growth in small business, support community development projects and create more jobs in Chicago’s underserved communities.
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