Travelers Awards TruFund Financial Services, Inc. $150,000 to Support Risk Management Program for Minority & Woman Owned Small Businesses
NEW YORK - Dec. 2, 2015 - PRLog -- TruFund Financial Services recently received a grant award from Travelers to facilitate the delivery of a Small Business Risk Education program for operating small businesses in New York City. The $150,000 award is the third TruFund has received from Travelers in support of these efforts.
The Small Business Risk Education (SBRE) program provides safety risk management education for minority and women owned small businesses. Travelers has partnered with non profit organizations across the nation to deliver a three part program that covers: Insurance and Risk Management, One-to-One Consultation, and Microloans.
Businesses that complete the program will have received training, completed a risk management plan and upon completion become eligible to apply for a loan funded by non profit partners. The non profit partners, like TruFund Financial Services represent some of the most accomplished small business development and community development financial institutions in the country.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provder of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average. Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2011. The company provides support for charitable organizations in the community through the Travelers Foundation and with corporate funding. The company's community giving is focused on education, community development and the arts. For more information, visit www.travelers.com.
About TruFund Financial Services, Inc.
TruFund Financial Services, Inc. is a wholly independent national non profit Community Development Financial Institution (CDFI). TruFund seeks to stimulate economic development in communities that are underserved by traditional banking institutions by providing fair and accessible capital, hands-on technical assistance and innovative solutions to small businesses and non profit organizations. Learn more at www.trufund.org
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