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“ A $200 million investment fund that will support NGOs and financial institutions around the world to help provide small businesses with access to capital. As
by itsdrewmiller 7y ago
“ A $200 million investment fund that will support NGOs and financial institutions around the world to help provide small businesses with access to capital. As one example, we’re working with the Opportunity Finance Network in the U.S. to help fill gaps in financing for people and communities underserved by mainstream financial institutions. This is in addition to the $15 million in cash grants Google.org is already providing to nonprofits to help bridge these gaps for SMBs.”
What does this really mean? Aside from the NGO stuff it sounds like it could just be taking advantage of the downturn to buy businesses?