The data is clear. Business owners of color are historically disadvantaged when accessing capital, said Connie E. Evans, CEO and president of the Association for Enterprise Opportunity, a partner organization for Comcast RISE. Now, more than ever, it is important to invest in these small businesses, especially those in markets such as Atlanta, Chicago, Detroit, Houston and Philadelphia who have seen significant economic impact from the pandemic.
The Comcast RISE Investment Fund is focused on small businesses that have been in business for three or more years with 1 to 25 employees.
The application window for the $10,000 grants runs from March 1-14. A total of 100 grants will be awarded in Philadelphia and Chester in May 2021.