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The Black Economic Alliance and Wells Fargo have launched the Black Economic Alliance Entrepreneurs Fund (BEA Fund), to accelerate the growth of Black entrepreneurs and business owners.
The $50 million BEA Fund will provide seed, startup, and early-stage capital funding to businesses founded or led by Black entrepreneurs. Wells Fargo will help support the effort with a $20 million commitment over five years to help boost the program’s operations and investments.
“Business ownership has been one of the best paths to multi-generational wealth creation for some Americans, but too few Black entrepreneurs have secured the financial resources necessary to launch and grow successful businesses. The Black Economic Alliance is proud to marshal resources to support more Black-owned businesses and founders, which will leverage hiring more Black workers and additional investment in Black businesses and communities,” David Clunie, executive director o
The New York Times and The Washington Post appeared to be tickled pink about the opportunity to advertise a statement signed by woke corporate America aiming to block voter ID laws across the country. The
Post’s
owner Jeff Bezos, who is also Amazon s CEO, also signed the statement.
The leftist organization behind the statement that pretends to “stand for democracy” Black Economic Alliance (BEA) cheered how “over 500 companies and CEOs have united to oppose the 360+ state bills pending in 47 states that contain discriminatory voting measures.” The BEA, along with several other business figures, paid for the statement’s ad expenses. Signatories included liberal companies and Big Tech bigwigs like Facebook, Amazon, Twitter, Reddit, liberal billionaire Michael Bloomberg,
WashPost & NY Times Publish Ad for Leftist Corporate Attempt to Block Voter ID Laws newsbusters.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbusters.org Daily Mail and Mail on Sunday newspapers.
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The FINANCIAL Bank of America announced today that it has directed more than $22 million in philanthropic funding to support education, jobs, entrepreneurship, health and housing and for people and communities of color as the company continues to deliver on its $1 billion, four-year commitment to advance racial equality and economic opportunity. These grants build on the $250 million in philanthropic funding the company allocates annually to nonprofit partners that address critical needs in the communities they serve according to Bank of America.
“Workforce development, job creation and access to health and housing services are some of the most pressing needs facing Black, Hispanic-Latino and Native American individuals,” said Ebony Thomas, Bank of America’s Racial Equality and Economic Opportunity Executive. “By providing this support alongside our national and local partners, we are further addressing many of the challenges facing under-resourced and unders
Bank of America, the Black Economic Alliance Foundation, Morehouse, and Spelman College announced the development of the Center for Black Entrepreneurship.