Starbucks commits $100 million for opportunity, equity, inclusion
Seattle-based Starbucks has announced the launch of a $100 million fund in support of small businesses and community development projects in Black, Indigenous, and people of color communities.

With the goal of advancing racial equity and environmental resilience, the Starbucks Community Resilience Fund will invest $100 million by 2025 in small business growth and community development projects in BIPOC neighborhoods, with an initial focus on twelve U.S. metro areas: Atlanta, Detroit, Houston, Los Angeles, Miami, Minneapolis, New Orleans, New York City, Philadelphia, San Francisco, Seattle, and Washington, D.C. Among other things, the fund will partner with community leaders, impact-focused community development financial institutions, and the Opportunity Finance Network (OFN) to provide capital, mentoring, and technical assistance to neighborhood businesses and initiatives, including projects aimed at addressing the impacts of climate change.