M&T Bank's Multicultural Small Business lab - aVenture Asset Manager Research
Location
Buffalo, NY, US
Founded
1856
M&T Bank's Multicultural Small Business Lab focuses on empowering racially and ethnically diverse micro businesses through intensive week-long programs. The lab promotes business and financial inclusion by providing access to essential information, tools, resources, and connections. Their typical investment comes in the form of grants, with three rounds of funding available to participating businesses.
Notable portfolio companies include Cellful Organic, MixxTresses Hair Collection, and The Bodega Lounge. The lab is spearheaded by M&T Bank, which leverages its extensive network and expertise to support small business growth. Their investment philosophy centers on education, empowerment, and community celebration, offering unique value-add services such as spirited competitions and tailored development programs.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages