SAN ANTONIO, TX (October 6, 2022) – Today, local nonprofit small business lender, LiftFund was selected as the Minority Access to Capital Advocate winner for the San Antonio Minority Enterprise Development (MED) Week awards. The award was accepted by LiftFund Business Development officer, Alma Valdez Brown, who has dedicated more than a decade to serving small businesses in the area.
“It is my honor to serve and support the small businesses of my community and to accept this award on behalf of LiftFund. I thank the UTSA Institute for Economic Development MBDA Business Center for the recognition and their partnership in serving not just all San Antonio small businesses, but especially those owned by minority entrepreneurs that often have to overcome even more challenges than their counterparts. We are committed to continue supporting you.”,” says Ms. Brown.
LiftFund has provided nearly $60 million in funding to more than 2,400 San Antonio minority-owned businesses since being established in 1994.
The award ceremony was part of the UTSA Institute for Economic Development MBDA Center MED Week. The multi-day event included networking and panel discussions about various small business topics such as hiring, contracting, marketing, and more.
Other minority business development champions included SAWS and Bruce Williams. See awards here.
LiftFund is a nonprofit small business lender that transforms lives by opening doors and leveling the financial playing field in entrepreneurship. Established in 1994, LiftFund provides responsible capital and business education to small business owners and aspiring entrepreneurs. LiftFund has supported San Antonio small business owners with over $90 million in small business loans since 1994. Since its inception, LiftFund has served over 18,000 small businesses with more than $438 million in funding across its 15-state footprint, which includes: Alabama, Arkansas, California, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, New York, Oklahoma, South Carolina, Tennessee, and Texas.