June 7, 2023

FDI Forum

Earn the right Invest

Comcast Rise Expense Fund Presents $16 Million in Grants To Assistance Tiny Corporations Most difficult Strike by the COVID-19 Pandemic

NEW YORK –News Direct– Comcast Company

NEW YORK, June 7, 2022 /3BL Media/ – Comcast announced a new spherical of towns will acquire grants from the Comcast Rise Expenditure Fund, offering an more $5 million dollars to hundreds of tiny corporations owned by persons of shade, like Black, Indigenous, Hispanic, and Asian American entrepreneurs, and girls, bringing the total to $16 million in grants awarded as part of the Comcast Rise Investment Fund initiative.

Beginning on June 1, and through June 14, qualified enterprises in Atlanta, Detroit, Pittsburgh, Philadelphia, and the Twin Metropolitan areas can apply for a $10,000 grant at www.ComcastRISE.com. A full of 100 grants per metropolis, or 500 grants overall, will be announced and awarded in July 2022. The Financial investment Fund is an extension of Comcast Increase, the multi-year, multi-faceted initiative introduced in October 2020 to assistance compact corporations and give the means and instruments they need to have right now and in the long term.

Comcast Increase Recipients to Day

Comcast also declared the hottest round of Comcast Increase recipients, which contains 1,317 little companies owned by persons of color and women of all ages, that will get grants in the form of a Television marketing campaign, output of a Tv business or consulting expert services from Effectv or laptop or computer devices, world-wide-web, voice or cybersecurity from Comcast Small business, as well as accessibility to Ureeka, an on the internet platform for entrepreneurs with a specialized on-line networking community with academic resources, sources of capital, and vetted professionals. To date, extra than 8,000 Comcast Increase awardees have been declared and the plan will have presented grants supporting 13,000 smaller organizations by the conclusion of 2022.

“While we know that no one business can address historic and systemic inequities overnight, we are fully commited to getting tangible steps that can travel lengthy-term impression and improve,” stated Teresa Ward-Maupin, Senior Vice President, Digital and Buyer Encounter, Comcast Company. “Comcast Increase and the Comcast Rise Investment Fund supply the prospect for compact companies owned by folks of color and gals to enable improve their companies, develop work opportunities, and participate in a very important part in supporting our communities.”

“This new round of Comcast Increase grants will present far more business people with the methods and applications they need to scale their corporations and thrive for many years to appear.”


Senior Vice President, Digital and Purchaser Encounter, Comcast Enterprise

The Comcast Rise Investment decision Fund is targeted on small organizations that have been in enterprise for a few or additional several years with 1-25 workers. Organizations will have to be in the adhering to geographic destinations to be eligible in this spherical: Atlanta (Clayton, Cobb, DeKalb, Fulton, and Gwinnett Counties), Detroit (City of Detroit like Hamtramck and Highland Park), Pittsburgh (Allegheny County), Philadelphia (Philadelphia County), and the Twin Metropolitan areas (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington Counties).

To assist travel recognition about the system and present extra help, teaching, and mentorship, Comcast has also awarded assist to Operation Hope, Ureeka, U.S. Black Chambers, U.S. Hispanic Chamber of Commerce, Hispanic Heritage Basis, Nationwide Asian American Chamber of Commerce, National CAPACD, Indigenous Females Direct, Nationwide Congress of American Indians, Walker’s Legacy, Ladies Impacting Community Coverage, Blavity.org, and just about 40 local community-centered corporations in Atlanta, Detroit, Pittsburgh, Philadelphia, and the Twin Metropolitan areas.

“Ureeka is happy to companion with Comcast Increase to improve modest businesses nationwide with coaching and electronic expert services,” stated, Melissa Bradley, Co-Founder, Ureeka. “We know there are stark disparities in accessibility to cash and resources for entrepreneurs of shade and women of all ages entrepreneurs. The additional coaching and electronic sources that these enterprises get, in addition to probable monetary funding, will assistance these businesses gain beneficial techniques and alternatives that will support them transfer from survive to thrive.”

Comcast Rise Marketing and advertising and Know-how Companies

In addition to the Expense Fund, Comcast Rise, which stands for “Representation, Expenditure, Toughness and Empowerment,” provides the option for tiny enterprises owned by persons of shade and females nationwide to use for grants for a single or more of the adhering to help concentration locations with the possibility to get one particular.

  • Marketing and advertising Companies Grant: The following services from Effectv, the promotion revenue division of Comcast Cable, and its artistic agency, Mnemonic, are intended to enable recipients with their internet marketing and media campaigns, like:

    • Media: A linear Television media marketing campaign to run more than a 90-day period of time.

    • Artistic Production: Turnkey :30 Television commercial generation, plus a media system consultation and 90-day media placement agenda.

    • Consult with: Electronic audits by Ureeka in the form of Internet site Repair service Reviews and Search engine marketing Search term reports to goal site mechanics and helpful organic marketing

  • Technological innovation Makeover Grants: The point out-of-the-artwork gear and technology up grade from Comcast Company includes computer system tools as well as Web, Voice, and Cybersecurity companies for up to a 12-thirty day period interval. (Taxes and other costs could nevertheless implement for technology makeover providers.)

  • Monetary Grants: In round a single, which was declared in April of 2021, the Comcast Rise Financial commitment Fund offered $5 million in grants to 500 small corporations owned by people today of color in five metropolitan areas: Philadelphia/Chester, Houston, Atlanta, Chicago, and Detroit. In spherical two, which was declared in September of 2021, the Comcast Increase Investment decision Fund delivered $6 million in grants to 600 modest businesses in 6 cities: Miami, Houston, Oakland, Seattle, the Twin Cities, and Washington, D.C. As observed over, the Comcast Increase Financial commitment Fund will deliver an more $5 million in grants to 500 modest organizations owned by people today of shade and women of all ages in five towns: Atlanta, Detroit, Pittsburgh, Philadelphia, and the Twin Cities.

All suitable candidates will get a month to month Comcast Rise publication with educational material, and all little small business homeowners can stop by the Comcast Rise destination on the X1 system that includes aggregated smaller small business information, ideas, insights, and far more. Just say “Comcast RISE” into the X1 voice remote.

Comcast’s Ongoing Dedication to Advancing Electronic Fairness

Comcast Rise is part of Comcast’s ongoing endeavours to advance digital fairness and assistance supply underrepresented small company proprietors with accessibility to the electronic equipment and funding they need to thrive. Above the future 10 decades, Comcast has committed $1 billion to courses and partnerships that will achieve tens of thousands and thousands of men and women with the abilities, chances, and means they need to realize success in an progressively electronic world.

Much more details and the applications to utilize for both the grant method or marketing and technological innovation companies are available at www.ComcastRISE.com.

Look at further multimedia and extra ESG storytelling from Comcast Company on 3blmedia.com

Perspective supply model on newsdirect.com: https://newsdirect.com/information/comcast-increase-financial commitment-fund-delivers-16-million-in-grants-to-assist-smaller-organizations-most difficult-hit-by-the-covid-19-pandemic-497223409