Today, CLIMB Fund reaffirms our unwavering commitment to building a fair and inclusive economy where all entrepreneurs have the opportunity to thrive.

The administration’s recent federal directive, dismantling decades-old protections against discrimination in federal hiring, granting, and contracting, marks a profound step backward. These protections have been critical to ensuring equitable access for historically underserved communities, driving the vitality of small businesses and strengthening our nation’s economy. Rolling back these measures threatens to undo progress in breaking down systemic barriers that have unfairly excluded BIPOC, women, and other marginalized businesses from opportunities to grow and succeed.

CLIMB Fund’s mission has always been clear: to empower small businesses in communities that have been systematically denied opportunities to build wealth. Research shows that closing the racial wealth gap and investing in marginalized businesses would not only create a fairer economy but also add trillions of dollars to the U.S. GDP. DEI initiatives do not limit access; they ensure that everyone—regardless of race, gender, or background—has a seat at the table.

We remain steadfast in our commitment to supporting underserved entrepreneurs, fostering economic mobility, and creating community prosperity. The work we do alongside our clients, partners, and supporters is more important than ever. Together, we will continue to provide the resources and opportunities needed to fuel businesses that reflect the diversity, innovation, and resilience of our communities.

As we assess the full impact of these changes, we will keep you informed and remain ready to act in defense of the communities we serve. Our resolve is unwavering: We are here to build an economy that works for everyone.

CLIMB Fund creates access to capital, jobs, and opportunities where they would not otherwise exist. As a nonprofit Community Development Financial Institution (CDFI), we leverage capital to generate local impact, elevate opportunity, and advance social and economic justice.