ADVERTISING WEEK AND WATCH THE YARD ANNOUNCE FIRST IN-PERSON YARDCON EVENT tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
The program also will provide businesses with access to grant opportunities, assistance accessing Payroll Protection Program loans, networking events and future initiatives put together by the Sixers.
Black-owned businesses in the Philly region average less than a third of the annual sales of white-owned businesses, according to the 76ers.
During the public health crisis, 28% of Black-owned businesses were in industries with the largest total job losses compared to 20% of white-owned businesses. Between February and April last year, 41% of Black-owned businesses had to close compared to just 17% of white-owned businesses. It’s important that we acknowledge past policies, such as lending discrimination and segregation, that have kept Black business owners from accessing the investment and customer base that will help them grow and succeed, 76ers Chief Diversity and Impact Officer David Gould said.