M&F Bank Awards $10,000 Grant to Greensboro Small Business

Community Bank Sends Four NC Entrepreneurs to Shark Tank Summit in Las Vegas

M&F Bank, North Carolina’s only Community Development Financial Institution (CDFI) and minority-owned bank, awarded a $10,000 grant to Greensboro business owner Nandrea Ward, founder of Outsource Marketing Solutions. The award was presented September 23 at the bank’s Greensboro branch where it was also announced that four small business owners affiliated with M&F Bank will be sent to the Clover Shark Tank Summit in Las Vegas. Both grant and summit experiences are made possible through the bank’s ongoing partnership with Fiserv, a leading global provider of payments and financial services technology solutions.

The Greensboro Empowering Growth Small Business Grant marks the third of five $10,000 awards M&F Bank will distribute in 2025. The initiative aims to spur economic development by supporting small businesses across North Carolina. Outsource Marketing Solutions, which specializes in digital and traditional marketing and advertising services, will use the grant to hire an additional contractor for social media management and AI campaigns.

“It’s more than a single dollar amount that we are receiving,” says Ward. “It’s an open door to help our business community and promote generational wealth for our family. I am very excited about this opportunity and want to thank M&F Bank once again for making this possible.”…

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