SAN FRANCISCO, CA (March 18, 2026) — At its Chase for Business: The Experience — San Francisco event, JPMorganChase announced expanded support for Bay Area small businesses and downtown revitalization in San Francisco—hiring more local business bankers, scaling its Coaching for Impact program, and committing $2.5 million in new philanthropic funding to help entrepreneurs grow, hire, and thrive.

“Small business owners are the backbone of San Francisco’s economy—they create jobs, strengthen neighborhoods, and help families build generational wealth,” said Ben Walter, CEO of Chase for Business. “Our role is to match their ambition with capital, advice, and connections so they can grow, hire, and help drive the city’s next chapter.”

Expanding Support for Small Businesses

Over the next five years, JPMorganChase plans to graduate more than 1,200 entrepreneurs from its Coaching for Impact program across San Francisco and Oakland. The program provides one‑on‑one consulting, executive coaching, and on‑demand education to help small businesses strengthen operations, improve credit readiness, and prepare for procurement and growth opportunities. Nationwide, more than 12,000 entrepreneurs have graduated from the program since its launch.

JPMorganChase also plans to add approximately 50 business bankers in San Francisco and Oakland, increasing its local business banker workforce by 30% over five years. These bankers work directly with entrepreneurs across the Bay—providing financial advice, access to capital, and connections to resources that help small businesses invest, expand, and navigate economic challenges.

Investing $2.5 Million in Downtown Revitalization

JPMorganChase is announcing more than $2.5 million in new philanthropic grants to local organizations to help strengthen San Francisco’s small business ecosystem, support commercial corridors, and accelerate downtown revitalization. The organizations include, but are not limited to:

• La Cocina: Helping underserved food entrepreneurs open storefronts in vacant downtown spaces, contributing to economic revitalization.
• Downtown SF Community Benefit District & East Cut Community Benefit District: Supporting activation of ground-floor commercial spaces in the Financial District and East Cut neighborhoods.
• SFMade: Establishing a marketplace and education hub for local manufacturers to showcase products, reach customers, and drive foot traffic.
• Yerba Buena Partnership: Supporting programming that attracts visitors and strengthens neighborhood vitality.
• Advance SF: Continuing support to help improve public safety and enhance the downtown environment.
• Civic Joy Fund: Continuing support for Downtown First Thursdays, which welcomes attendees to downtown San Francisco from across the Bay Area and drives increased foot traffic and spending at downtown small businesses.

“JPMorganChase’s philanthropic support helped us scale one of our signature community programs: Downtown First Thursdays,” said Luke Spray, Executive Director at the Civic Joy Fund. “What started as a bold idea is now a tradition that has welcomed 300,000 people to the heart of San Francisco over the last two years – driving nearly $30 million in spending at downtown businesses. The result is a downtown that feels alive, vibrant, and like home again.”

Today’s announcement builds on the firm’s 2025 announcement of $3.8 million in philanthropic commitments. Together, these new and previously announced grants total more than $6.3 million over the past two years, helping more than 200 downtown small businesses access capital and technical assistance, increase customer traffic, and support local economic development, public safety, and community engagement initiatives.

According to a JPMorganChase report, “What Works: Downtown Revitalization in San Francisco,” coordinated public-private partnerships, strong small business ecosystems, and investments that activate commercial corridors can help bring new energy back to downtown neighborhoods. JPMorganChase will continue to align its efforts with citywide revitalization priorities—supporting storefront activation, increased foot traffic, and growth opportunities for local businesses—while coordinating with public‑ and private‑sector partners to maximize impact.

JPMorganChase in the Bay Area

With more than 2.7 million consumer customers, over 271,000 small business clients, and nearly 6,000 employees, JPMorganChase has been serving the Bay Area for over 120 years. The firm—whose activities contribute $1.2 billion annually to San Francisco’s economy, according to an independent study—recognizes that its business is only as strong as the communities it serves and has strategically deployed its resources in support of economic growth.

Alongside the firm’s philanthropic efforts to support small business growth and bring residents and visitors back to downtown, JPMorganChase has also made long-term commitments to the region by creating state-of-the-art workplaces at 560 Mission Street—its new local headquarters—and One Front Street. The renovation projects alone are expected to create nearly 500 local construction jobs.

Since 2019, JPMorganChase has made more than $72 million in philanthropic contributions in the Bay Area. Read more about JPMorganChase’s work in the region here.

About “The Experience: San Francisco”

The Experience is a complimentary, all-day expo where business owners gather for a day of networking, workshops, informational sessions and more. Hosted at The Midway SF, the event is like a small business boot camp. Participants take away personalized marketing advice and best practices from one-on-ones with experts related to branding and digital marketing – helping them remain competitive in today’s market. Mainstage programming includes special guests, from small business experts to local celebrities.

About Coaching for Impact

Launched in 2020, Coaching for Impact is a complimentary service offering consulting and executive coaching to help businesses thrive and grow. The program pairs small business owners with a senior business consultant who understands today’s challenges and opportunities. Beyond core banking needs, the curriculum focuses on strengthening operations, improving credit readiness, and preparing businesses for the next phase of their journey. While primarily designed for businesses with over two years of operation, entrepreneurs at any stage are welcome to inquire. Since its inception, the program has scaled from four cities and eight consultants to more than 85 consultants in over 45 cities. To date, the program has graduated more than 12,000 businesses.

About JPMorganChase

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.4 trillion in assets and $362 billion in stockholders’ equity as of December 31, 2025. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.