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Comcast will offer 100 South Florida businesses owned by people of color or women grants totaling $1 million from its RISE program to improve their technology and training.
The Black Innovation Alliance on Tuesday surprised five Black-owned Miami businesses with $10,000 each in grant funding. The coalition, which is focused on closing the racial wealth gap, is ...
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
In the United States, Black-owned businesses (or Black businesses), also known as African American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American legal structure starting in the Reconstruction Era (1863–77) and afterwards.
The Fearless Fund and Fearless Foundation were created in 2018 to help address the disparities in venture capital funding for businesses founded by Black women and women of color.
A woman-owned business is a specific designation used by American government agencies and industry associations to set aside special programs to encourage and empower female business owners. Most definitions of this term involve a practical look at the legal and ownership structure, as well as the issue of control of the day-to-day operations ...
Minority business enterprise (MBE) is an American designation for businesses which are at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority and/or gender (e.g. woman-owned) and/or military veteran classifications: [citation needed] African American
Bankrate insight. Learn more about SBA loans.Our review shows you the different types, interest rates, pros and cons and how to apply. The bottom line. Seeking out grants is a great way for ...
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