Wells Fargo to Sponsor Millennial Week StartUp Lounge in Denver, Seattle and D.C.

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Millennial Week and Wells Fargo work together to host networking and learning sessions for millennial entrepreneurs.

“Millennials are truly an entrepreneurial generation; we are proven idea generators and native technology gurus who are primed for success,” said Natalie M. Moss, director & founder, Millennial Week.

Millennial Week, an innovative event series for young professionals founded in the nation’s capital, is collaborating with Wells Fargo to develop and host several entrepreneurship workshops called the StartUp Lounge. The StartUp Lounge is a key event under the 2016 Millennial Week event series and is designed to empower, support and guide up-and-coming small business owners in their entrepreneurship journey. This event will be held in Denver, CO on August 19, in Seattle, WA on September 16 and in Washington, D.C. on October 10.

Through the StartUp Lounge, millennial entrepreneurs will have the opportunity to strategize, network and build awareness for their emerging enterprises and start-up ideas among their peers and business experts. Attendees will gain one-on-one access to financial advisors and experts for advice on business development, banking and funding.

To help millennials prepare financially for their future and encourage job placement as well as entrepreneurship, Wells Fargo will design, develop and staff the StartUp Lounge in all three cities. Additionally, sponsorship of the StartUp Lounge enables the event to include a small business banking presentation, speed networking with bankers and access to its Business Plan Center.

“Millennials are truly an entrepreneurial generation; we are proven idea generators and native technology gurus who are primed for success,” said Natalie M. Moss, director & founder, Millennial Week. “That being said, it is hard to save money or acquire capital for new ventures. The Millennial Week StartUp Lounge is designed to connect the millennial workforce with banking and financial advice to help their businesses grow.”

To better understand how millennial entrepreneurs are helping to drive the U.S. economy, Wells Fargo recently partnered with global research firm GfK to conduct the Wells Fargo Millennial Small Business Owner Study. The study found that millennial small business owners are in it for the long-haul, with a large majority (59 percent) reporting passion as a motivation for starting their business. Looking ahead to the future, 41 percent of millennial small business owners said they are not only looking for a comfortable future, but to grow their business as big as possible.

“Our research shows that millennial entrepreneurs are highly motivated when it comes to the future of their business, with many saying they hope to grow their business over many years and potentially pass it down to their children someday,” said Lisa Stevens, Wells Fargo’s head of Small Business. “We are committed to helping this next generation of entrepreneurs achieve their long-term vision by partnering with organizations such as Millennial Week to provide workshops and financial education to help their businesses thrive.”

For more information about Millennial Week, please visit millennialweek.com, and to learn more about the tools and resources Wells Fargo provides for small business owners visit WellsFargoWorks.com.

About Millennial Week
Millennial Week is focused on the impact Millennials are making on the economy, culture and society. Millennial Week cultivates, promotes and presents the most meaningful ideas and trends reflecting the impact of the millennial generation on culture, enterprise and society. The third annual Millennial Week DC will be held October 9-15, 2016. Follow us on Twitter @MillennialWeek.

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,600 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 27 on Fortune’s 2016 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

Wells Fargo serves approximately 3 million small business owners across the United States and loans more money to America’s small businesses than any other bank (2002-2014 CRA government data). To help more small businesses achieve financial success, in 2014 Wells Fargo introduced Wells Fargo Works for Small Business® – a broad initiative to deliver resources, guidance and services for business owners – and a goal to extend $100 billion in new lending to small businesses by 2018. For more information about Wells Fargo Works for Small Business, visit: WellsFargoWorks.com. Follow us on Twitter @WellsFargoWorks.

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