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Announcing our newest investment: Onigilly!

ICA
The Team
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That kind of business growth means job growth as well. What started as a food cart is now a rapidly growing company with 35 employees. Kanematsu has worked with ICA for years to scale his business and create a good jobs plan for his employees. He also wants to create opportunities for employees to share in the wealth created by the growing business.

“To grow, we need to spread a new food and food culture to our customers,” Kanematsu says. “That is very challenging, so our team members are very important. A system for treating them well will be Onigilly’s strength.”

The commitment to taking care of Onigilly’s employees is part of what makes this an attractive investment for ICA.

“This is a powerful opportunity to support business growth, the creation of accessible jobs, and the potential to build wealth for Onigilly employees in San Francisco and across the country,” Murphy says.

ICA Fund Good Jobs invests in high potential businesses through tailored investments and hands on support. In early 2018, ICA partnered with JPMorgan Chase’s Entrepreneurs of Color Fund, along with fellow Community Development Financial Institutions (CDFI) Working Solutions and Pacific Community Ventures. The Entrepreneurs of Color Fund provides capital to these community lenders so they can invest in the growth, profitability, and sustainability of companies owned by people of color in San Francisco.

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