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Comcast Grants For Small Business

Comcast Grants For Small Business – In its first year alone, Comcast RISE provided more than $60 million in grants, marketing and technology services to support Comcast’s more than 6,700 small businesses of color nationally, including nearly 550 businesses in the company’s Greater Chicago area.

Comcast recently announced that the Comcast RISE program is open to all female entrepreneurs in the Greater Chicago area, including Illinois, Northern Indiana and Southwest Michigan. Comcast’s expansion of RISE to women-owned businesses will advance the company’s digital capital investment and help underrepresented small businesses get the funding they need to succeed digitally.

Comcast Grants For Small Business

Comcast Grants For Small Business

In its first year alone, Comcast RISE provided $60 million in grants, marketing and technology services to more than 6,700 small businesses owned by people of color, including Black, Native American, Hispanic and Asian Americans at Comcast. About 550 of the company’s offices are located in the Chicago area. Nearly 70% of the 6,700 Comcast RISE recipients to date have been businesses owned by women of color, prompting Comcast to take a closer look at the unique challenges faced by female entrepreneurs.

Education & Workforce Development

According to a study by the National Association of Women Entrepreneurs, 42 percent of business owners in the United States are women, and women start more than 1,800 new businesses every day. This is almost five times the national average. However, the same study found that women-owned businesses tend to grow at only half the rate of male-led businesses, meaning women struggle to access capital and other resources to succeed.

Karen Kahn, founder and CEO of IFundWomen, echoes this important point when she says, “During the pandemic, the growing number of women small business owners has been dramatic. Women entrepreneurs have limited access to capital and non-debt financing, but they have tremendous potential . represents an opportunity. Women-owned businesses earn twice more than male-owned businesses, making them a great investment.”

“As we rebuild and recover from the pandemic, small businesses will continue to be the backbone of our economy — and we must take every opportunity to help them thrive,” said Teresa Ward-Maupin, vice president of digital operations. and Customer Experience, Comcast Business. “Going forward, this expansion will allow Comcast RISE to empower and strengthen the small businesses that are the heart of our communities across the country.”

Comcast RISE, which stands for Representation, Investment, Strength and Empowerment, is part of Project UP, Comcast’s comprehensive digital equity initiative that helps provide underrepresented small businesses with the digital tools and funding they need to succeed. Over the next 10 years, Comcast has invested $1 billion in programs like Comcast RISE and partnerships to reach nearly 50 million people with the skills, opportunities and resources they need to thrive in an increasingly digital world.

Comcast To Give $10,000 Grants And Make Free Commercials For Small Businesses Harmed By Covid 19

Comcast RISE, which recently celebrated its one-year anniversary, is open to all small business owners and women-owned businesses with racial and ethnic diversity. More information and applications for marketing and technology services are available at www.ComcastRISE.com. Following the success of the Business Ready Fund in 2020 and 2021, GSBA and Comcast, Washington’s LGBTQ+ and affiliated chambers of commerce, are renewing the Business Ready Fund’s efforts this year to provide more than $200,000 in grants to eligible small businesses. throughout the state. Beginning Monday, June 13, small businesses can learn more and apply for a Ready for Business Fund grant at theGSBA.org/ready-for-business.

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According to the 2022 survey, almost all small businesses (97%) are concerned about inflation, and rising costs are the biggest threat to small businesses. Increasing the income from online sales is now the number one priority for small businesses. To help small businesses continue to grow and adapt, the Business Ready Fund is awarding $2,500 in cash grants to more than 80 small businesses across Washington. Special attention is given to at-risk small business owners, including people of color, women and members of the LGBTQ+ community. Small businesses located in rural Washington will also be considered.

“Inflation and increased costs are taking a toll on our small businesses in Washington,” said GSBA Deputy Director Ilona Lohri. “As many small businesses use more digital technologies to grow their online revenue, it’s important to offer cash grants to provide visibility and support. $2,500 may not seem like a lot, but these small businesses may need a micro-grant to invest in a website, build an online sales tool, launch social media, or to buy new technology.

Comcast Grants For Small Business

“Small businesses play an important role in our nation’s economy. They provide jobs and serve our communities across Washington. They need our continued support to meet new economic challenges, and we want to help them,” said Diem Lee, director of community engagement for Comcast Washington. “That’s why we believe the Business Ready Fund is so important. Small businesses across the state need help. is.”

Comcast Rise To Award An Additional $1 Million In Grants To Minority Owned Small Businesses In Houston

The Business Ready Fund was established in the summer of 2020 with a $100,000 investment from Comcast and GSBA as fund managers. Over the past two years, the foundation has awarded $2,500 in cash grants to more than 120 small businesses in Washington. The Business Ready Fund was renewed this year with $75,000 in funding from Comcast and GSBA to serve as program and fund manager. Business Cash Fund grants are available with additional $150,000 grants from Pepsi, T-Mobile, US Bank, Meta and Verity Credit Union and a $100,000 grant from King County.

Founded in 1981, GSBA is Washington State’s LGBTQ+ and Allied Chamber of Commerce and the largest in North America. The Chamber represents more than 1,400 small business, corporate and nonprofit members who share the values ​​of promoting diversity, equality, equity and inclusion in the workplace. While promoting civil rights and small business, the GSBA proudly serves as a bridge across the region, bringing communities together through business. GSBA promotes LGBTQ+ tourism through Travel Out Seattle, promotes small businesses in Seattle’s Capitol Hill area through the Capitol Hill Business Alliance (CHBA), and invests in the next generation of LGBTQ+ and allied leaders through the GSBA Scholarship & Education Fund.

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Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people in the moments that matter. We are primarily focused on broadband, bundling and porting with 57 million customers in the US and Europe. We deliver broadband, wireless and video through the Xfinity, Comcast Business and Sky brands; Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, NBC and Telemundo Broadcasting Networks, several cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News and create, distribute and broadcast leading entertainment, sports and news through channels. Sky Sports; Delivering unforgettable experiences at Universal Parks and Resorts in the US and Asia. For more information, visit www.comcastcorporation.com.

What We Offer Collaborative Content Studios Advanced News Production Industry-Leading Security-Independent Multimedia Distribution Superior Global Operations Analysis Synergistic PR SolutionsComcast Announces Additional Cities to Receive Comcast RISE Investment Fund Grants $600 million in additional small-dollar funding announced. Businesses owned by people of color, including Black, Native American, Hispanic and Asian Americans, bringing the total number of grants awarded under the Comcast RISE Investment Fund initiative to $11 million.

Comcast Rise Offers $10,000 Grants To Small Business Owners

Between October 1 and October 14, eligible businesses in Houston, Miami, Oakland, Seattle, the Twin Cities and Washington, D.C. can apply for up to $10,000 in grants at www.ComcastRISE.com.

In November 2021, 100 grants will be awarded per city, for a total of 600. The investment fund is a continuation of Comcast RISE, a multi-year and multifaceted initiative launched in October 2020 that supports community-owned small businesses. color, provide the resources and tools needed now and in the future.

Comcast also announced a fourth of Comcast RISE recipients, including 1,100 small businesses owned by people of color, who will receive TV campaigns, Effectv or computer hardware, Internet, voice and cybersecurity consulting services. From Comcast Business, you can also access Ureeka, an online platform for entrepreneurs with educational resources, capital resources and a dedicated online community of vetted experts. To date, nearly 4,700 Comcast RISE awards have been announced, and the program will support 13,000 small businesses by the end of 2022.

Comcast Grants For Small Business

“We know we can’t solve historical and systemic inequities overnight, but we’re committed to taking real action with long-term impact and change,” said Teresa Ward-Maupin, Comcast’s vice president of digital and customer experience. . Business. “Provided by Comcast RISE and Comcast RISE Investment Fund

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