In collaboration with Hello Alice, $250,000 grant program will provide Hispanic-identifying entrepreneurs with funds for use toward the purchase of a commercial vehicle for their business
MAYFIELD VILLAGE, Ohio, May 23, 2022 /PRNewswire/ — Progressive Insurance®, the leading commercial auto insurer in the United States, recently launched the Driving Small Business Forward grant program in support of Hispanic entrepreneurs. Applications are now open for small business owners to receive one of 10 $25,000 grants for use toward the purchase of a commercial vehicle for their business.
According to McKinsey & Company, Hispanic entrepreneurs start more businesses per capita than any other racial or ethnic group in the United States, yet they face more challenges getting loans or capital from the investment community. With the Driving Small Business Forward grant program, Progressive hopes to support these owners with funds to take…
