Nonprofits
$8,250 raised from 92 donors
Goal: $15,000 from donors
New!
Ascent Funding (abn Albina Opportunities Corp)

Mission

To create financial equity and jobs in the Portland area through lending and business guidance to minority-owned, women-owned, disadvantaged and low-income business communities.

Bottom Line for Portland

Last year, Ascent Funding advised 300-plus minority and women entrepreneurs about financing and facilitated access to fair and affordable capital to those who did not qualify for bank loans. As a result, these entrepreneurs were able to continue the pursuit of their dreams thereby creating wealth, jobs and pride in our community.

“I was denied by the banks, but Ascent Funding believed in me. Three years later, my business has transformed, my workforce has grown four-fold and my finances and credit have improved so much that I am buying my first house!”

—Lora Ladd, Ergo Errands

Business Partners

Donations of $50+ will receive 1 lb of coffee from Ava Roasteria; $25 - $49 will receive a free drip coffee from Miss Zumstein's Bakery. DAM Salsa will hold weekly raffles for jars of salsa.