{"id":214,"date":"2020-09-17T16:26:00","date_gmt":"2020-09-17T20:26:00","guid":{"rendered":"https:\/\/www.amerantbank.com\/newsroom\/?p=214"},"modified":"2022-01-26T23:23:12","modified_gmt":"2022-01-27T04:23:12","slug":"amerant-launches-micro-grant-pilot-program-for-small-businesses-initial-funding-will-support-miami-dade-based-branches-and-its-micro-business-program","status":"publish","type":"post","link":"https:\/\/www.amerantbank.com\/newsroom\/community\/amerant-launches-micro-grant-pilot-program-for-small-businesses-initial-funding-will-support-miami-dade-based-branches-and-its-micro-business-program\/","title":{"rendered":"Amerant Launches Micro-Grant Pilot Program for Small Businesses; Initial Funding Will Support Miami-Dade-Based Branches and its Micro-Business Program"},"content":{"rendered":"\n

CORAL GABLES <\/strong>\u2013 While many small businesses availed themselves of PPP loans and other types of financial assistance and government programs, many did not meet the prerequisites for receiving that type of assistance. They are among the thousands of sole proprietors and smaller businesses who were simply unable to access those resources and are now in danger of having to close.<\/p>\n\n\n\n

It is for those most vulnerable entities that Amerant<\/a>, one of the largest community banks headquartered in Florida, has focused its pilot, the Amerant Micro-Grant Program<\/strong>. The program\u2019s funds were allocated to Branches<\/a>, a local nonprofit organization serving Miami-Dade County which provides life-changing opportunities for small businesses, working families and their children.<\/p>\n\n\n\n

The Branches Micro-Business program provides recipients of a grant and their business a broad range of crucial support services, with the goals of becoming economically self-sufficient.<\/p>\n\n\n\n

\u201cWe are very proud to partner with Branches and allocate our initial pilot program grant for their Micro-Business program,\u201d said Millar Wilson, Vice-Chairman and CEO of Amerant Bank. \u201cThe survival of these small businesses is vital to our community, and we recognize that even the smallest financial barrier can be overwhelming. By working with Branches, we will be able to bring these important resources to organizations who may have no other recourse.\u201d<\/p>\n\n\n\n

\u201cThanks to Amerant, Branches will be able to not only continue serving its many Micro- Businesses by providing one-on-one technical assistance and specialized training, but will also be able to provide COVID-19 pandemic recovery grants to several small businesses in need of financial assistance\u201d said Brent McLaughlin, Executive Director of Branches.<\/p>\n\n\n\n

Small businesses in Miami provide 53% of jobs in this community, and now due to the COVID- 19 pandemic, too many of these businesses are struggling to retain employees and keep their doors open. Branches serves to create opportunities for these businesses by providing technical assistance and critical micro grants.<\/p>\n\n\n\n

\u201cCombined, these resources enable small businesses to become more financially stable and endure through these tough times. With the generous support from Amerant, together we are making a positive impact for hundreds of micro businesses,” concluded Brent McLaughlin, Executive Director of Branches.<\/p>\n\n\n\n

For more information on Branches\u2019 programs and services, please contact Isabelle Pike at 305-206-5689 or ipike@branchesfl.org<\/a>.<\/p>\n\n\n\n

For additional information about Amerant, please visit www.amerantbank.com<\/a> and follow the Company on Instagram<\/a> at @AmerantBank, and Facebook at https:\/\/www.facebook.com\/AmerantBank\/<\/a>.<\/p>\n\n\n\n

<\/div>\n\n\n\n

About Amerant<\/strong><\/p>\n\n\n\n

Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida. The Company operates through its subsidiaries, Amerant Bank, N.A. (the \u201cBank\u201d), Amerant Investments, Inc., Amerant Trust, N.A, and Elant Bank and Trust Ltd. The Company provides individuals and businesses in the U.S., as well as select international clients, with deposit, credit and wealth management services. The Bank, which has operated for over 40 years, is one of the largest community banks headquartered in Florida. The Bank operates 27 banking centers \u2013 19 in South Florida, 8 in the Houston, Texas area, and loan production offices in Dallas, Texas and New York, New York. For more information, please visit www.amerantbank.com<\/a> or https:\/\/investor.amerantbank.com<\/a>.<\/p>\n\n\n\n

About Branches<\/strong><\/p>\n\n\n\n

For over 45 years, Branches has made a positive impact in the community by delivering on its mission to serve, educate and inspire people through student, family and financial stability services. Branches provides long-term, holistic services for motivated individuals and families. We help people grow deeper and climb higher in life by building a foundation through education so they can achieve their goals and fulfill their potential. For more information about Branches, please contact Isabelle Pike at 305-442-8306 x1002 or ipike@branchesfl.org or visit Branches at www.branchesfl.org<\/a>.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Media Contacts:<\/strong><\/p>\n\n\n\n

Amerant
Israel Kreps 
ikreps@krepspr.com<\/a> 
Veronica Villegas Baldwin 
vvillegas@krepspr.com<\/a> 
305.663.3543 x312<\/p>\n\n\n\n

Branches
Isabelle Pike 
ipike@branchesfl.org<\/a> 
305-206-5689<\/p>\n","protected":false},"excerpt":{"rendered":"

Amerant Micro-Grant Program looks to help most vulnerable \u2018mom and pop\u2019 shops and sole proprietors who have no access to PPP or other type of loan assistance<\/p>\n","protected":false},"author":6,"featured_media":269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_genesis_block_theme_hide_title":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","with-featured-image"],"acf":[],"yoast_head":"\nAmerant Launches Micro-Grant Pilot Program for Small Businesses; Initial Funding Will Support Miami-Dade-Based Branches and its Micro-Business Program - Amerant Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.amerantbank.com\/newsroom\/community\/amerant-launches-micro-grant-pilot-program-for-small-businesses-initial-funding-will-support-miami-dade-based-branches-and-its-micro-business-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amerant Launches Micro-Grant Pilot Program for Small Businesses; 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