Comcast announced Tuesday that the comcast RISE initiative will award an additional $1 million in total grants to more than 100 Philadelphia small businesses owned by women and people of color, including Black, Indigenous, Hispanic, and Asian Americans.
"I was excited to get the phone call that I was selected for the Comcast RISE Investment Fund. It’s been tough to grow my business in these times and this additional investment will help," David Bey, Beyfilmz Media said."As a small business owner, I’m a one-man band – handling all of the administrative duties, answering phone calls and emails, as well as shooting, editing and production work.
To date, Comcast RISE has awarded more than $16 million in grants and $75 million in in-kind support for marketing and technology services, impacting more than 9,500 entrepreneurs in 704 cities across 37 states. By the end of 2022, 13,000 businesses across the country are expected to benefit from the Comcast RISE initiative, either through the grant program or from the resources provided through Effectv, the advertising division of Comcast Cable, and Comcast Business.
“As we continue to rebuild from the effects of the pandemic, small businesses still need our support. They are the backbone of our local communities, and we must take every opportunity to help them not only survive, but to thrive,” said Dennis Mathew, Comcast Regional Senior Vice President. “When we launched Comcast RISE in 2020, we knew a profound need existed in the communities we serve. Two and a half years later, we have seen firsthand how the resources from Comcast RISE benefit small businesses.”Lobo Mau Designs LLC
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