As COVID-19 is undermining the operations of nonprofits across the country at just the moment that their work is needed the most, LENDonate has launched a new Solidarity Loan Program. These $25,000 to $100,000 6-month interest-only loans will be made available to 501(c)(3) nonprofits that are well established but are at risk of deep and permanent cuts to program services if working capital is not received immediately.
Read more: LENDonate launches Solidarity Loan Program for Non-Profits
Square, Inc. has signed a lease for the entire Uptown Station building in Oakland. This move seems to cement the East Bay's status as the new Macca of startups. Square anticipates it will begin taking occupancy of Uptown Station in the fourth quarter of 2019.
Y Combinator (YC) is an accelerator program based in the Bay Area. It is considered by some to be the gold standard of accelerators due to the number of prominent businesses that it has helped launch. Applying to YC starts with submitting an online application. The application asks for information about the business that you are starting (or have started). There are also separate profile sections that must be completed for each founder.
Broadly, the leading mobile-first chat platform for local businesses, today announced it has raised a $10M Series B round, co-led by original investor Foundry Group and new partner Calibrate Ventures. They are joined by Team Builder Ventures, also a repeat investor.
Read more: Broadly Raises $10M to Fuel Product Development and Accelerate Hiring
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