LISC, State Farm Build on 16-Year Partnership to Expand Economic Opportunity

State Farm and the Local Initiatives Support Corporation (LISC) have announced an expanded effort to build economic opportunity in struggling communities through programs that encourage business development among entrepreneurs and skills development among low-income workers.

A new, two-year $4 million State Farm grant will expand LISC Financial Opportunity Centers (FOCs) in under-resourced neighborhoods—helping people improve their incomes, credit scores and savings through education and long-term financial coaching. At the same time, these efforts will help lift up commercial areas and provide safer and more vibrant places for business owners to set up shop, create jobs and grow local incomes.

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