Wells Fargo invests $208,000 to support Asian Americans entrepreneurs

Wells Fargo revealed its plans to invest $208,000 in the US Pan Asian American Chamber of Commerce (USPAACC) Education Foundation for a national research study of the characteristics and interests among business owners in the six largest Asian American ethnic groups: Chinese, Asian Indian, Filipino, Korean, Vietnamese and Japanese.

National President and CEO of the USPAACC Education Foundation Susan Au Allen stated there has never been a study focused on business practices as conducted by Asian communities within mainstream America. She also said “This investment from Wells Fargo will help us better understand Asian entrepreneurs in the United States and better serve this fast-growing and dynamic community.” 

So, the results of this research is to support the Foundation develop educational initiatives for Asian-American entrepreneurs and to train and develop the Foundation’s leadership.