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Companies take on the challenge of increasing diversity, aiding Black-owned businesses

Companies take on the challenge of increasing diversity, aiding Black-owned businesses Shirley Leung © Pat Greenhouse/Globe Staff From left, Daniel Acheampong, Tia Thomson and Yasmin Cruz, Co-founders of Visible Hands VC, are photographed at the Bank of America branch in Nubian Square. The bank has made equity investments in minority-owned venture capital firms like theirs. Not shown is Justin Kang. Turns out, that was the easy part. How companies have deployed the money is proving to be as crucial as how much they’ve promised, or even how much they’ve given out so far. Take, for example, Bank of America, which pledged $1.25 billion over five years toward promoting racial justice and creating economic opportunities for all. The centerpiece of its efforts and where the bulk of the first year’s disbursements have gone is a novel program to fund minority-owned venture capital firms that back under-represented entrepreneurs.

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Eastern Renames, Expands Philanthropic Arm - Banker & Tradesman

Eastern Renames, Expands Philanthropic Arm - Banker & Tradesman
bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.

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Eastern Bank :'s Foundation Announces Expansion Of Its Work

A New Name – the Eastern Bank Foundation – Reflects A Philosophy Of Investing In The Community To Create Systems Change Long-Standing Support Of Grassroots Community Donations Remains. | May 17, 2021

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UMass iHub Event Thursday Discusses Access to Capital, Education and More

UMass iHub Event Thursday Discusses Access to Capital, Education and More
whav.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whav.net Daily Mail and Mail on Sunday newspapers.

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