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Asian Pacific Islander Small Business Program Receives $100,000 from Wells Fargo (July 2007)

Wells Fargo presented Asian Pacific Islander Small Business Program with a $100,000 donation to support its many programs. The 2007 annual contribution will enable the highly successful API SBP to continue serving approximately 2500 entrepreneurs yearly.

"The bank has high regard for API SBPÕs work and holds its partnership with the group in high regard," said Wells FargoÕs Rick Lam, VP for Business Banking. "Their approach to helping principally Asian immigrant entrepreneurs in their own languages is very commendable" he added. API SBP operates its program of business counseling and workshops from five locations and six Asian languages plus English.

API SBP is a collaboration of Chinatown Service Center, Koreatown Youth and Community Center, Little Tokyo Service Center CDC, Search to Involve Pilipino Americans and Thai Community Development Center. It was established in 1999 and is supported also by an SBA Women's Business Center ongoing grant.

(For further information contact Colleen Seto, Program Manager: cseto@ltsc.org)