Small business owners looking for financial help and advice are invited to apply for this year’s round of Comcast RISE initiative grants, which award $5,000 to local entrepreneurs.
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Small business owners looking for financial help and advice are invited to apply for this year’s round of Comcast RISE initiative grants, which award $5,000 to local entrepreneurs.
The application period for the grant package opened June 1 and extends through June 30. Winners will be announced in September.
In addition to the monetary award, grant awardees will receive consultation services, educational resources, creative production, a media schedule, and a technology makeover. Eligible businesses must be based in Philadelphia, Baltimore, Detroit, Memphis or Portland, Ore.
"Comcast RISE helps small businesses grow, create jobs, and play a vital role in supporting our communities,” Dan Bonelli, senior vice president of Comcast’s Freedom Region, said in a press release. “This new round of Comcast RISE grant packages provides all the elements necessary to help businesses scale and thrive for years to come.”
Comcast RISE, an acronym for representation, investment, strength and empowerment, was founded in November 2020 with the primary goal of helping small businesses hardest hit by the COVID-19 pandemic. This program aligns with advancing the company’s diversity, equity, inclusion, and community investment objectives.
A total of 500 businesses will receive awards this year, 100 in each of the five cities. With this year’s awards, the total recipients of initiative grants will rise to 13,500, including 200 Philadelphia small businesses that have received $2 million in grants and nearly 400 that received marketing or technology services packages.
Last year’s local winners included Aunt Verlea's Pound Cake Experience, based in Mt. Airy, and Creative Healing Teen Center in Flourtown.
"Small businesses are the backbone of our economy and are essential to building strong and thriving local communities,” said Loren Hudson, senior vice president and chief diversity officer at Comcast. “As small businesses transition from pandemic recovery to a focus on expansion and growth, Comcast RISE is proud to help strengthen and empower these deserving businesses and entrepreneurs.”
For more information, visit ComcastRISE.com.
