Accion Opportunity Fund FY23 Annual Report - Accion Opportunity Fund
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FY23 Annual Report: Stronger, Together!

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Accion Opportunity Fund’s FY23 Annual Report

 

Over the last two years, a record 14.6 million new businesses have fueled economic growth nationwide. However, small businesses face ongoing challenges, attacks on programs for entrepreneurs of color, and threats to Community Development Financial Institution (CDFI) federal allocations, elevating the urgency of our work at Accion Opportunity Fund (AOF).

Throughout FY23, our commitment to innovation, collaboration, and learning guided us to remarkable milestones. With your support, we doubled the number of Black borrowers reached and advocated for vital policy reforms before Congress. Leveraging partnerships forged in the aftermath of the COVID-19 pandemic, we initiated impactful programs such as the California Rebuilding Fund and the Southern Opportunity Resilience Fund. These endeavors, blending technology, outreach, and strategic risk management, tapped into the power of public and private sector capital, philanthropy, and our extensive CDFI network.

This journey represents a collective effort, driven by the steadfast dedication of our team, Board, Leadership Council, donors, and investors. Recognizing that no individual can achieve what we can accomplish collectively, AOF knows that our greatest strength lies in unity as we continue our mission to forge an inclusive financial system Together, we are stronger.

Unlock the full story of our past year by downloading our “Stronger, Together!” annual report today. Please share with your networks, inviting them to join us in celebrating the strength of unity and the promise of a stronger tomorrow throughout our next fiscal year and beyond

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With the heart of a nonprofit and the mind of an investor, Accion Opportunity Fund invests in a more inclusive financial system that gives underinvested entrepreneurs a fair shot at opportunity — but we cannot achieve this alone.

For every $1 donated, AOF lends $5 of small business capital to entrepreneurs who are excluded from traditional financing and support networks. Donate today!