DuPont Announces $20 Million Investment in LISC s Black Economic Development Fund
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WILMINGTON, Del., April 28, 2021 /PRNewswire/ DuPont (NYSE: DD) today announced it has committed to invest $20 million in the Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC).
The BEDF will provide financing to support Black-led financial institutions, anchor institutions, and businesses through improved access to capital to incentivize economic activity and wealth building opportunities in Black communities. For too long, systemic racism has prevented Black-led business owners and entrepreneurs from participating fairly and fully in our economy, said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. Improving access to capital for Black-led businesses can have an outsized impact creating an economic multiplier and advancing racial equity. At DuPont, inclusivity is vital
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DuPont Announces $20 Million Investment in LISC s Black Economic Development Fund
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.