Wells Fargo Invest to Develop Asian American Entrepreneurs

Wells Fargo said it will invest $208,000 in the US Pan Asian American Chamber of Commerce (USPAACC) Education Foundation for a national research study of the characteristics and interests among business owners in the six largest Asian American ethnic groups: Chinese, Asian Indian, Filipino, Korean, Vietnamese and Japanese. The results will help the Foundation develop educational initiatives for Asian-American entrepreneurs and to train and develop the Foundation’s leadership.

"There has never been a study focused on business practices as conducted by Asian communities within mainstream America," said Susan Au Allen, National President and CEO of the USPAACC Education Foundation. "This investment from Wells Fargo will help us better understand Asian entrepreneurs in the United States and better serve this fast-growing and dynamic community."

"For many years, Wells Fargo has enjoyed a supportive relationship with the USPAACC Education Foundation," said Patrick Yalung, regional president for the company’s Washington region and national spokesperson for Wells Fargo’s Asian Business Services. "This investment again shows our support for and commitment to the Asian business community across America."

Sweet! Going to get a piece of that!

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