The Comcast RISE Investment Fund
The Comcast RISE Investment Fund provides monetary grants to help small businesses owned by people of color (POC) or women grow as they navigate the challenges of the pandemic.
The Investment Fund is an extension of Comcast RISE (Representation, Investment, Strength, and Empowerment), the multi-year, multi-faceted initiative launched in 2020 to provide small Businesses owned by POC or women the opportunity to apply for marketing and technology services from Comcast Business and Effectv, the advertising sales division of Comcast Cable.
Comcast RISE is part of a larger $100 million Diversity, Equity and Inclusion initiative that Comcast launched this summer. In June 2020, Comcast NBCUniversal announced the development of a comprehensive, multi-year plan to allocate $75 million in cash and $25 million in media over the next three years to fight injustice and inequality against any race, ethnicity, gender identity, sexual orientation or ability.
Grant Details:
500 grants totaling $5 million will be distributed as follows:
• 100 small businesses in each city
• Each business will receive a $10,000 monetary grant
• Application period is June 1-14, 2022
• Grants will be announced at the end of July 2022 and awarded in August 2022
• Applications will be available online at
www.ComcastRISE.com.Apply today.
Grant Eligibility:
Businesses must:
• Be established business operations for 3 or more years • Have one to 25 employees
• Be in the following geographic locations to be eligible:
Atlanta (Clayton, Cobb, DeKalb, Fulton,
and Gwinnett Counties);
Detroit (City of Detroit including Hamtramck and Highland Park);
Pittsburgh (Allegheny County);
Philadelphia (Philadelphia County);
Twin Cities (Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington Counties
Date and Time
Friday Jun 10, 2022 Tuesday Jun 14, 2022
Printed courtesy of aachamber.com – Contact the African American Chamber of Commerce of PA, NJ & DE for more information.
3020 Market St , Philadelphia, PA 19104 – (215) 751-9501 – membership@aachamber.org