Comcast has announced that it will award $1 million in grants to 100 small businesses owned by people of color in the Twin Cities, as well as provide technology and marketing resources to eligible businesses.
Each selected business will receive a $10,000 grant from the Comcast RISE Investment Fund.
From now until October 14, eligible businesses can apply for the grant, or Marketing and Technology Services, at www.comcastRISE.com. The Comcast RISE Investment Fund focuses on small enterprises that have been in business for three or more years with one to 25 employees. Eligible businesses include those in the seven-county Twin Cities Metro. Winners will be announced at the end of November.
“The Comcast Rise Investment Fund will ensure that the 100 businesses that exist today will continue to exist tomorrow,” Gov. Tim Walz said in a statement. “Minnesota knows that this pandemic has created challenges for many small businesses, especially minority-owned businesses. We do our best to help them until things get better. I highly encourage small businesses owned by people of color to take advantage of this wonderful opportunity provided by our friends at Comcast.
Comcast is the leading cable and Internet provider in the Twin Cities and has a regional headquarters in St. Paul.
More information can be found at https://newsdirect.com/news/100-small-businesses-ownered-by-people-of-color-in-the-twin-cities-to-each-receive-a-10- Is. 000-grant-to-comcast-increase-total-1-million-930545453.