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Thermo Fisher Scientific Invests $25 Million to Support Black Communities and Businesses in the U.S.

Thermo Fisher Scientific Invests $25 Million to Support Black Communities and Businesses in the U.S.
Thermo Fisher Scientific Inc. the world leader in serving science, today announced it has committed to investing up to $25 million in minority-serving financial institutions. “Unequal access to capital is hurting Black-owned businesses, Black entrepreneurs and Black communities in the United States ,” said Marc N. Casper chairman, president and chief executive officer of Thermo Fisher Scientific. “Minority-serving …
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced it has committed to investing up to $25 million in minority-serving financial institutions.
“Unequal access to capital is hurting Black-owned businesses, Black entrepreneurs and Black communities in the United States ,” said Marc N. Casper , chairman, president and chief executive officer of Thermo Fisher Scientific. “Minority-serving financial ....

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Netflix gives $25M to ending racism in housing

Streaming behemoth Netflix is giving $25 million to a
national effort to combat systemic racism in housing.
Enterprise Community Partners, the non-profit founded by
developer James Wilson Rouse in the 80s to build and finance affordable homes,
announced Netflix has committed the cash to its Equitable Path Forward program.
The five-year, $3.5 billion nationwide initiative aims to
help dismantle the legacy of racism in housing – from the types of homes that
are built, where they’re built, who builds them, and the wealth that is
generated from them.
The initiative establishes an equitable path forward for Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers by: filling the gaping capital gap from decades of systemic racism; strengthening providers through advisory services and other support; and creating new career pathways to diversify leadership in real estate. ....

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