Last week, the Latino Chamber of Commerce of Southeastern Wisconsin and partners North Shore Bank, the Wisconsin Economic Development Corporation, and the Milwaukee Economic Development Corporation won the award for Nonprofit Collaboration of the Year in the eighth annual 2021 BizTimes Milwaukee Nonprofit Excellence Awards. The awards recognize top area nonprofit organizations for their work in the community, and private individuals and businesses that support area nonprofits.
The win was for the chamber’s achievement in becoming the first Latino-led Community Development Financial Institution in Wisconsin. As a CDFI, the chamber offers a revolving loan fund that provides financial support and loan access to Latino-owned small businesses in the greater Milwaukee area that may not qualify for commercial loans. Area manager and chamber co-chair Alfredo Martin thanked North Shore Bank for its support in making this achievement possible.