Comcast Corp. has launched the Comcast RISE Investment Fund to provide support to small businesses across various cities, including Philadelphia and Atlanta. The fund aims to help small businesses recover from the economic impact of the COVID-19 pandemic by offering grants and resources to eligible entrepreneurs.
The grant program, which was first initiated during the pandemic, has an application deadline of midnight on June 30. Small businesses in Philadelphia and Atlanta can apply for grants between June 1-14, with a total of 100 grants per city or 500 grants overall set to be awarded in November 2022.
Comcast Corp. has selected 100 small businesses in Philadelphia to receive $5000 grants along with additional resources to help market their products. These grants are part of the Comcast RISE Investment Fund, which aims to support small businesses owned by people of color, including Black, Indigenous, Hispanic, and Asian American owners.
In Atlanta, small business owners can apply for a $10,000 grant starting on June 1. The Comcast RISE Investment Fund will provide financial assistance to eligible businesses in Atlanta, helping them navigate the challenges brought on by the pandemic.
The Comcast RISE Investment Fund has allocated $21 million in grants to support small businesses hardest hit by the COVID-19 pandemic. This initiative underscores Comcast's commitment to helping small businesses thrive in challenging times.
Since 2021, Comcast RISE has awarded $2 million in grants to small businesses in Washington, D.C. The program aims to support 13,000 small businesses owned by people of color, providing them with the resources they need to succeed.
Overall, Comcast Corp.'s Comcast RISE Investment Fund is a vital resource for small businesses looking to recover and grow in the post-pandemic economy. By offering grants and resources to eligible entrepreneurs, Comcast is empowering small businesses to thrive in the face of adversity.
