NEW YORK — Earlier this year, in an effort to assist Black, Indigenous and People of Color (BIPOC)-owned businesses, Comcast started awarding grants from its Comcast RISE Investment Fund.
The fund, launched in October 2020, initially focused on black-owned, small businesses and then extended to BIPOC-owned to help those hardest hit by COVID-19.
The fund is set to begin issuing another round of grants, and has set a deadline of Oct. 16, 2021, for BIPOC-owned small businesses to apply.
“BIPOC entrepreneurs need access to capital along with the training resources and networks that are so critical to success,” says Dalila Wilson-Scott, executive vice president and chief diversity officer, Comcast Corporation and president, Comcast NBCUniversal Foundation.
“Through the Comcast RISE Investment Fund, we are investing in BIPOC-owned, small businesses that create jobs and play a vital role in supporting our communities.