November 3, 2022
Cross River and Upstart Kitchen Team Up to Give Entrepreneurs Life-Changing Grants to Build Culinary Businesses
Dedicated to making a difference in communities across the globe, the Company’s gift will provide resources and empowerment to Milwaukee entrepreneurs
FORT LEE, N.J. - Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a $50,000 grant to Milwaukee-based nonprofit, to UpStart Kitchen, an incubator for entrepreneurs who want to grow or start their food-oriented business.
“Cross River is collaborating with Upstart Kitchen because they share our vision of providing small businesses and entrepreneurs with the tools they need to thrive and drive positive change,” said Phil Goldfeder, SVP, Global Public Affairs at Cross River. “Upstart Kitchen is a mission-driven leader that creates life-changing opportunities, and this grant will enable them to further power the next generation of chefs and culinary leaders.”
Cross River’s grant solves a specific pain point and effectuates immediate change in the lives of UpStart Kitchen members as many have difficulty obtaining credit from traditional banks and lenders. UpStart Kitchen provides local food entrepreneurs access to an affordable, fully equipped commercial kitchen & business resources to grow their own business while also providing community meals. The entrepreneurs have access to shared kitchen space, resources, training, mentoring, and community to help launch their dream businesses and create generational wealth in Milwaukee.
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