NorCal SBDC receives $350,000 from Wells Fargo in 2nd Year of the Inclusivity Project

NorCal Small Business Development Center (SBDC) will receive a $350,000 grant from Wells Fargo and launch their 2nd year of partnership with the Inclusivity Project.

The Inclusivity Project creates collaborations between like-minded organizations to provide no-cost mentorship, advising, workshops, and networking opportunities to diverse small business and the entrepreneurial community. Since 2021, the Inclusivity Project has been instrumental in expanding access, pathways, and assets for diverse small businesses by conducting over 70 workshops, facilitating nearly 500 loans and grants, and cumulatively amassing $16.9 million in capital for more than 700 entrepreneurs.

“Wells Fargo is excited to support programs that enable diverse entrepreneurs to acquire tangible business assets so that they can grow and scale their businesses,” said Kären Woodruff, Senior Vice President, Philanthropy and Community Impact at Wells Fargo. “As these businesses expand, they can hire local employees and strengthen our community.”

A January 24 event will celebrate these milestones and serve as a networking opportunity for local business owners, Black Chamber leaders, CALOSBA representatives, SBA officials, and SBDC Center Directors. A fireside chat, moderated by Wells Fargo and featuring Jay King, President and CEO of the California Black Chamber of Commerce, alongside successful Inclusivity Project clients will provide insights into their entrepreneurial journeys. 

“We are thrilled to gather this remarkable group committed to equitable change,” said NorCal SBDC Executive Director Kristin Johnson. “The Inclusivity Project’s impact goes beyond funding; it’s about building connections, boosting confidence, and breaking down barriers. We invite everyone to join us in furthering this vital mission.” 

For more about the Inclusivity Project, visit


About NorCal SBDC

For over three decades, NorCal SBDC has fostered economic growth across Northern California, serving over 100 communities in 36 counties. As part of America’s premier small business assistance network, NorCal SBDC’s 200+ advisors offer comprehensive, no-fee support to established businesses and startups across sectors, including technology, agriculture, professional services, retail, and healthcare. In the past five years, especially during the COVID response and recovery period, NorCal SBDC’s impact has been substantial, creating more than 14,000 new jobs, launching 2,200 new businesses, and mobilizing over $2.4B in business capital.