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All
Comcast
RISE
recipients
will
also
have a
specialized
online
networking
community
within
Ureeka
with
access
to
educational
resources,
sources
of
capital,
and
vetted
experts
such as
U.S.
Black
Chambers,
National
Asian
Pacific
Islander
Chamber
of
Commerce
&
Entrepreneurship,
U.S.
Hispanic
Chamber
of
Commerce,
Association
for
Enterprise
Opportunity,
Walker’s
Legacy
and
Operation
Hope. |
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Comcast
RISE to
award $1
Mil in
grants
to small
businesses
owned by
Women
and
People
of Color
in metro
Detroit
Application
process
for
Comcast
RISE
Investment
Fund
grants
open to
eligible
small
businesses
June
1-14
DETROIT
-
Comcast
today
announced
it will
award $1
million
in
grants
to 100
Detroit,
Highland
Park and
Hamtramck
small
businesses
owned by
women
and
people
of
color,
including
Black,
Indigenous,
Hispanic,
and
Asian
American
owners,
among
others.
Detroit
was one
of five
cities,
including
Atlanta,
Pittsburgh,
Philadelphia,
and Twin
Cities,
selected
for the
program.
Comcast
will
award a
$10,000
grant to
100
local
businesses
from the
Comcast
RISE
Investment
Fund,
for a
total of
$5
million
across
500
businesses.
This
brings
the
amount
awarded
to $16
million
to date.
The
application
process
will
open to
qualifying
businesses
June
1-14,
and
prospective
owners
must
have
their
businesses
located
in the
geographic
boundaries
of
Detroit,
Highland
Park and
Hamtramck.
“The
Comcast
RISE
Investment
Fund
supported
my
business
at a
very
critical
time in
the
midst of
the
pandemic
when
parents,
particularly
those
who were
considered
essential
workers,
needed a
safe,
reliable
environment
for
their
pre-K-aged
children,”
said
Nina
Hodge,
Above
and
Beyond
Learning
Childcare
Center
on
Detroit’s
east
side.
To
help drive outreach about
the
program and
provide
additional
support,
training
and
mentorship, Comcast
is also
awarding
$60,000
in
grants
to four
community-based
organizations
in
Detroit,
including Build
Institute,
Metro-Detroit
Black
Business
Alliance,
Michigan
Women
Forward
and
TechTown
Detroit.
In
addition,
Comcast
RISE
invests
in
ongoing
mentorship
and
resources
to help
businesses
succeed
over the
long-term.
The
program
has
partnered
with
Ureeka,
an
online
platform
for
entrepreneurs,
to
provide
grant
recipients
with
business
coaching
to help
build
skills
in
company
foundation,
growing
customers
and
financial
stability.
All
Comcast
RISE
recipients
will
also
have a
specialized
online
networking
community
within
Ureeka
with
access
to
educational
resources,
sources
of
capital,
and
vetted
experts
such as
U.S.
Black
Chambers,
National
Asian
Pacific
Islander
Chamber
of
Commerce
&
Entrepreneurship,
U.S.
Hispanic
Chamber
of
Commerce,
Association
for
Enterprise
Opportunity,
Walker’s
Legacy
and
Operation
Hope.
“Ureeka
is proud
to
partner
with
Comcast
RISE to
grow
small
businesses
nationwide
with
coaching
and
digital
services,”
said,
Melissa
Bradley,
Co-Founder,
Ureeka.
“We know
there
are
stark
disparities
in
access
to
capital
and
resources
for
entrepreneurs
of color
and
women
entrepreneurs.
The
additional
coaching
and
digital
resources
that
these
businesses
receive,
in
addition
to
potential
monetary
funding,
will
help
these
businesses
gain
valuable
skills
and
opportunities
that
will
help
them
move
from
survive
to
thrive.”
Comcast
RISE was
formed
in late
2020 to
give
small
businesses
owned by
people
of
color,
from
bakeries
and
barber
shops to
childcare
centers
and
cleaning
services,
the
grants
needed
to not
just
survive,
but
thrive.
The
4,700
recipients
are from
422
cities
across
34
states.
In
November
2021,
Comcast
RISE
announced
a major
expansion
to all
women-owned
businesses
nationwide.
Comcast
RISE
Marketing
and
Technology
Services
In
addition
to the
Investment
Fund,
Comcast
RISE,
which
stands
for
“Representation,
Investment,
Strength
and
Empowerment,”
provides
the
opportunity
for
small
businesses
owned by
people
of color
and
women
nationwide
to apply
for
grants
for one
or more
of the
following
support
focus
areas
with the
opportunity
to
receive
one.
•
Marketing
Services
Grant:
The
following
services
from
Effectv,
the
advertising
sales
division
of
Comcast
Cable,
and its
creative
agency,
Mnemonic,
are
designed
to help
recipients
with
their
marketing
and
media
campaigns,
including:
o Media:
A linear
TV media
campaign
to run
over a
90-day
period.
o
Creative
Production:
Turnkey
30-second
TV
commercial
production,
plus a
media
strategy
consultation
and a
90-day
linear
TV media
campaign.
o
Consult:
Digital
audits
by
Ureeka
in the
form of
Website
Repair
Reports
and SEO
Keyword
reports
to
target
website
mechanics
and
effective
organic
marketing
•
Technology
Makeover
Grants:
The
state-of-the-art
equipment
and
technology
upgrade
from
Comcast
Business
includes
computer
equipment
as well
as
internet,
voice
and
cybersecurity
services
for up
to a
12-month
period.
(Taxes
and
other
fees may
still
apply
for tech
makeover
services.)
•
Monetary
Grants: In
round
one,
which
was
announced
in April
of 2021,
the
Comcast
RISE
Investment
Fund provided $5
million
in
grants to 500 small
businesses
owned by
people
of color
in five
cities:
Detroit,
Philadelphia/Chester,
Houston,
Atlanta
and
Chicago.
In round
two,
which
was
announced
in
September
of 2021,
the
Comcast
RISE
Investment
Fund provided $6
million
in
grants to 600 small
businesses
in six
cities:
Miami,
Houston,
Oakland,
Seattle,
the Twin
Cities,
and
Washington,
D.C. As
noted
above, the
Comcast
RISE
Investment
Fund will
provide an
additional
$5
million
in
grants to 500 small
businesses
owned by
people
of color
and
women
in five
cities:
Detroit,
Atlanta,
Pittsburgh,
Philadelphia,
and the
Twin
Cities.
All
eligible
applicants
will
receive
a
monthly
Comcast
RISE
newsletter
with
educational
content,
and all
small
business
owners
can
visit
the
Comcast
RISE
destination
on the
X1
platform
featuring
aggregated
small
business
news,
tips,
insights,
and
more.
Just say
“Comcast
RISE”
into the
X1 voice
remote.
Comcast’s
Ongoing
Commitment
to
Advancing
Digital
Equity
Comcast
RISE is
part of
Comcast’s
ongoing
efforts
to
advance
digital
equity
and help
provide
underrepresented
small
business
owners
with
access
to the
digital
tools
and
funding
they
need to
thrive.
Over the
next 10
years,
Comcast
has
committed
$1
billion
to
programs
and
partnerships
that
will
reach
tens of
millions
of
people
with the
skills,
opportunities,
and
resources
they
need to
succeed
in an
increasingly
digital
world.
More
information
and the
applications
to apply
for
either
the
grant
program
or
marketing
and
technology
services
are
available
at
www.ComcastRISE.com.
Advertise With Us:
Certified Minority Business Enterprise
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