Square Financial Services Announces Grant Recipients
Square Financial Services today announces the grant recipients of the 21 Squared Grant Initiative, a microgrant program launched in December 2021 in partnership with the Community Foundation of Utah.
Grant recipients hail from across Utah, from urban centers to rural areas, and include organizations such as:
- Cache Refugee and Immigrant Connection: Logan-based Cache Refugee and Immigrant Connection (CRIC) is an organization that assists refugees and immigrants in finding affordable housing and becoming more financially literate. In its nearly 8 years of operations, CRIC has provided yearly assistance to more than 500 new American families from over 30 different countries.
- Utah Black Chamber: Utah Black Chamber works with Utah’s Black community to provide education, training, and other resources for business and professional growth. Through its Black Success Center in Salt Lake City, Utah Black Chamber offers business training, incubator space, and internship and mentorship programs, among other services.
- Suazo Business Center: The Suazo Business Center helps develop and empower minority entrepreneurs from Latino and other underserved communities. Working with industry experts, Suazo Business Center provides educational courses on finance, marketing, and business plan development, among other topics.
- Moab Valley Multicultural Center: The Moab Valley Multicultural Center (MVMC) works with local and statewide stakeholders to address the needs of those experiencing homelessness or at risk of losing their housing. In addition to advocating for affordable housing, the MVMC offers case management and referral services for the housing insecure, food insecure, and those struggling with addiction, among other focus areas.
“As a more rural-based organization, it can be difficult to obtain funding to support the work we do in our community,” said Rhiana Medina, executive director of Moab Valley Multicultural Center. “That’s why we’re thrilled to be recognized by Square Financial Services. These unrestricted funds can be put to immediate use to aid our work with the homeless and housing insecure here in Moab.”
“With the help of the Community Foundation of Utah, we were able to attract interest in our program from a wide variety of nonprofits throughout the state that are focused on critical social work in their communities,” said Lew Goodwin, CEO of Square Financial Services. “Square’s purpose of economic empowerment deeply influences our community reinvestment priorities here at Square Financial Services. We know these grant recipients are making an impact in their communities in areas such as small business development, affordable housing, reentry support, and financial wellness, and we’re proud to help support their efforts.”
For a full list of winners, please visit https://www.utahcf.org/be-a-partner/21-squared-grant-initiative.
Square helps sellers more easily run and grow their businesses with its integrated ecosystem of commerce solutions. Square offers purpose-built software to run complex restaurant, retail, and professional services operations, versatile e-commerce tools, embedded financial services and banking products, buy now, pay later functionality through Afterpay, staff management and payroll capabilities, and much more – all of which work together to save sellers time and effort. Millions of sellers across the globe trust Square to power their business and help them thrive in the economy. Square is part of Block, Inc. (NYSE: SQ), a global technology company with a focus on financial services. For more information, visit www.squareup.com.