Press release
Comcast RISE to Award $1 Million in Grants to Small Businesses Owned by Women and People of Color in Cook County
Eligible businesses can apply October 3-16 for a $10,000 grant; 100 recipients will be selected CHICAGO--(BUSINESS WIRE)-- Comcast today announced it will
About this update from Comcast Corporation
[{"type":"text","content":"\nEligible businesses can apply October 3-16 for a $10,000 grant; 100 recipients will be selected\n\n CHICAGO--(BUSINESS WIRE)--\nComcast today announced it will award $10,000 grants to 100 small businesses owned by women and people of color in Cook County through its Comcast RISE Investment Fund. Cook County is one of five locations selected for this new round of the grants program. Other locations include Miami, Oakland, Seattle and Washington D.C. Comcast will award a total of $1 million in grants in Cook County alone – $5 million across the five locations – in this round. This brings the total amount of Comcast RISE Investment Fund grants awarded to $21 million nationwide to date. This is the second time Comcast has opened the fund to Cook County businesses.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220914005937/en/(Photo: Business Wire)\n“The pandemic has affected businesses owned by women and people of color in Cook County and elsewhere exceptionally hard,” said Cook County Board President Toni Preckwinkle. “I encourage eligible businesses to apply for a grant. This money can help strengthen their position, especially as we emerge from the pandemic. “\n\n“Women-owned businesses face a variety of challenges, including accessing funding,” said Women’s Business Development Center President and Chief Executive Officer, Emilia DiMenco. “These dollars will allow them to invest in their businesses and strengthen their financial position moving forward.”\n\n“Hispanic-owned businesses face enormous barriers to success,” said Illinois Hispanic Chamber of Commerce President and Chief Executive Officer, Jaime di Paulo. “These dollars will allow them to invest in their people, their equipment and their technology, and help prepare them for the future.”\n\nTo help drive awareness of the program and provide additional support, training and mentorship, Comcast is awarding a total of $50,000 in grants to four Cook County community-based organizations, including the Illinois Hispanic Chamber of Commerce, South East Chicago Commission, South Shore Chamber of Commerce and Women’s Business Development Center.\n\nComcast RISE also provides marketing and technology services\n\n\nIn addition to the Investment Fund, Comcast RISE, which stands for “Representation, Investment, Stren...