Comcast will be awarding a single million bucks to smaller enterprises owned by men and women of shade, which include Black, Hispanic and Asian American house owners, amongst others, in South Florida. A person hundred grants of $10,000 each individual will be presented to suitable enterprises in Miami-Dade and Broward Counties by the Comcast Rise Financial commitment Fund in November.
From October 1 by means of October 14, qualified firms in Miami-Dade and Broward Counties can use on line for just one of the $10,000 grants at www.ComcastRISE.com.
The Investment Fund is an extension of Comcast Increase, the multi-yr, multi-faceted initiative introduced in Oct 2020 to aid modest firms, furnishing sources as numerous keep on to offer with the at any time-transforming instances of the ongoing COVID-19 pandemic. Increase stands for “Representation, Expense, Toughness and Empowerment.”
“As we reinvigorate our economic climate and set up our group to bounce back again stronger than ever, it is essential that we assistance businesses of various ownership, of all dimensions, and across industries,” said Miami-Dade County Mayor Daniella Levine Cava. “Investing in sources to assistance modest business house owners thrive in a submit-pandemic financial state is a top priority for my administration. We’re grateful that the Comcast Rise Investment decision Fund selected Miami-Dade County for this initiative and thrilled that dozens of neighborhood minority-owned small companies will reward from the a person-million-greenback expense and supplemental capacity-building methods.”
“Diversity is a core characteristic of the City of Miami and embracing that variety is vital to our potential. As a element of the Miami Movement, we are doing the job to make sure that every single Miamian can be a portion of the innovation and development we are experiencing correct now – like our tiny business enterprise house owners that enjoy this sort of a vital position in our economic system and our communities,” said Town of Miami Mayor Francis Suarez. “Comcast’s a person-million-greenback motivation as a result of the Comcast Rise Expense Fund will have a positive lasting effect outside of the a single hundred companies that are chosen to obtain the grants.”
The Comcast Rise Investment decision Fund is concentrated on small organizations that have been in procedure for a few or more decades with 1 to 25 staff. To assistance generate outreach about the program and supply additional assist, schooling and mentorship, Comcast has now awarded $60,000 in grants to community local community companions – Allapattah Collaborative, Catalyst Miami, Florida Point out Minority Supplier Progress Council, Hispanic Unity of Florida, Global Career and Business Alliance (ICABA), Miami-Dade Chamber of Commerce, Opa-locka Local community Advancement Corporation, Prospera, Sant La Haitian Community Middle and South Florida Hispanic Chamber of Commerce Foundation.
“South Florida smaller business entrepreneurs are hard-functioning, established and resilient. Whether or not they are serving buyers in their espresso shops and cafes, producing distinctive things for sale or featuring their expertise and knowledge as accountants or lawyers, they are passionate and pour by themselves in to their organizations,” mentioned Lily Lopez, CEO, South Florida Hispanic Chamber of Commerce. “Over the earlier 12 months and a half, they have also dealt with the continuously shifting implications of the COVID-19 pandemic. Assistance from a business like Comcast and its methods like the Comcast Increase Financial investment Fund grants can assistance make certain a little enterprise can hold its lights on and doors open throughout a tough time like this.”
In addition, grant recipients will receive a complimentary 12-thirty day period membership to the coaching plan from Ureeka, an on the web system for business owners, to support them establish expertise concentrating on how to bolster a company’s basis, attain extra customers and become monetarily steady.
Comcast Rise Expense Fund grants will also be awarded in 5 other towns in the course of the 2nd round – Houston, Oakland, The Twin Metropolitan areas, Seattle and Washington, D.C. As in South Florida, a single hundred grants of $10,000 will be awarded in each and every town for $1 million full per city and a cumulative overall of $6 million in grants across the nation.
In spherical one particular, which was introduced in April of 2021, the Comcast Rise Expense Fund provided $5 million in grants to 500 small businesses owned by persons of shade in five towns: Atlanta, Chicago, Detroit, Houston and Philadelphia.
In addition to the Investment decision Fund, Comcast Increase also awards eligible compact enterprises owned by people today of colour, such as Black, Hispanic, Indigenous, and Asian American house owners, among the others, with one of the subsequent media or technology methods:
- Regional broadcast adverts in excess of a 90-day interval in partnership with EffecTV, Comcast’s promoting gross sales division
- Production of a 30-2nd tv business, also from EffecTV, that will be run on local broadcast stations above a 90-day interval
- A technological innovation makeover from Comcast Business
To date, approximately 4,700 Comcast Rise awardees have been announced and the program will have supported 13,000 little enterprises by the finish of 2022.
“We know that no one organization or software can solve all the complications, like historic or systemic inequities, in a community right away. Nonetheless, as just one of the largest media and know-how firms in the world, Comcast is committed to making use of our platforms and means to push long-time period influence,” reported Rich Rollins, Vice President of Company Products and services for Comcast’s Florida Area. “The Comcast Increase Expense Fund grant recipients in this spherical will obtain funding and resources to support their corporations in the months and many years ahead. Additionally, hundreds of other Florida corporations have now benefitted from the Comcast Increase program’s media and advertising assets from EffecTV and technological know-how makeovers from Comcast Organization. We think the duration and mixture of these various resources will lead to sustainable adjust.”
Far more information and the applications to utilize for either the grant software or the advertising and technology products and services are available at www.ComcastRISE.com.

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