Startups
DreamSpring is a nonprofit community lender dedicated to eliminating systemic wealth inequities & accelerating economic inclusion for underserved communities. Founded in 1994, the organization, which operates in 19 states, provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners, focusing on communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. DreamSpring has issued more than 42,000 loans totaling over $465 million to small businesses that have supported over 72,000 jobs.
Overview
Location
United States, New Mexico, Albuquerque
Employees
51-200
Founded date
1994
Mentions in press and media 4
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 31, 2023 | Kauffman Foundation Fund Awards CDFI Grant, Its Third, To DreamSpring | Most entrepreneurs have a hard time getting loans from banks. It’s a big problem for all founders, but especially those from marginalized communities. |
| Dec 13, 2022 | DreamSpring Crosses New Impact Threshold with More Than Half of U.S. in Its Service Area | DreamSpring is serving entrepreneurs with credit, loans, and support in 27 states – over half of the U.S. — for the first time in the nonprofit Community Development Financial Institution's 28-year history. Nonprofit community lender grew t... |
| Aug 31, 2021 | PepsiCo Launches $50 Million Juntos Crecemos Platform to Support Hispanic-Owned Businesses Across the U.S. | PURCHASE, N.Y., Aug. 31, 2021 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ:PEP) today announced Juntos Crecemos, (Together We Grow), a $50 million platform aimed at strengthening Hispanic-owned businesses, specifically restaurants, bodegas and car... |
Reviews 0
FAQ about DreamSpring
When was DreamSpring founded?
DreamSpring was founded in 1994.
What has the press written about DreamSpring?
Parsers VC has collected 4 articles mentioning DreamSpring, among them “Kauffman Foundation Fund Awards CDFI Grant, Its Third, To DreamSpring” (Mar 31, 2023) and “DreamSpring Crosses New Impact Threshold with More Than Half of U.S. in Its Service Area” (Dec 13, 2022).
Is DreamSpring still active?
Yes, DreamSpring is active; its latest activity on Parsers VC dates from Apr 30, 2026.