You are currently viewing Press Release – Federal Home Loan Bank Award the CSU Monterey Bay’s Institute for Innovation & Economic Development a $27,500 Grant

Press Release – Federal Home Loan Bank Award the CSU Monterey Bay’s Institute for Innovation & Economic Development a $27,500 Grant

Pinnacle Bank Partners with the Federal Home Loan Bank, San Francisco to Award the CSU Monterey Bay’s Institute for Innovation & Economic Development $27,500 Grant to support women and minority entrepreneurs through its GetVirtual program.

Pinnacle Bank has collaborated with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and its AHEAD Economic Development Grant Program to provide $27,500 in funding to CSU Monterey Bay’s Institute for Innovation and Economic Development (iiED). The AHEAD Program enables FHLBank San Francisco members like Pinnacle Bank to give a critical boost to local programs and projects that target pressing community needs and bring greater opportunity to underserved populations. The Pinnacle Bank sponsored grant will fund CSU Monterey Bay’s iiED’s work to extend and deepen the impact of iiED’s small business and startup programs by providing training, support, and technical assistance to underserved women and minority entrepreneurs in underrepresented communities of Monterey County. 

Read more about the grant’s 2022 recipients here.

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