Houston, TX – Miami, FL – Minneapolis-St. Paul, MN – Oakland, CA – Seattle, WA– Washington, D.C.
In June 2020, Comcast NBCUniversal announced the development of a comprehensive plan to allocate $75 million in cash grants 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
- 600 grants totaling $6 million will be distributed as follows:
- 100 small businesses in each city
- Each business will receive a $10,000 monetary grant
- Application period is October 1-14, 2021.
- Grants will be announced at the end of November 2021 and awarded in December 2021.
Eligibility
Business requirements:
- Established business operations for 3 or more years.
- 25 or less full-time and part-time employees
- At least 51% owned and operated by a person of color
Available in the following Minnesota counties:
Anoka, Carver, Dakota, Hennepin, Ramsey, and Scott Counties
Application window opens October 1st, 2021
RESOURCES & TOOLS TO ELEVATE YOUR BUSINESS
Recently, small businesses have been dealing with the ongoing impact of the pandemic, social unrest, and environmental events. Small businesses owned by people of color have been some of the hardest hit. According to the National Bureau of Economic Research, between February and April 2020, the number of active Black-owned businesses declined by 41%, Latinx-owned businesses declined by 32%, and Asian-owned businesses dropped by 25%, versus just 21% for the general population. Comcast RISE was created to invest in the success of these critical businesses by providing valuable and practical support.
COMCAST RISE PROGRAM BENEFITS
SUPPORT FOCUS AREAS
Selected businesses could receive one or more of the following elements:
CONSULTING
Advertising and marketing consultations with local Effectv marketing, research, and creative teams to gain insights on how to grow your business.
MEDIA
A linear TV media schedule, over a 90-day period.
CREATIVE PRODUCTION
Turnkey production of a 30-second TV commercial, plus a media strategy consultation and 90-day media placement schedule.
TECHNOLOGY MAKEOVER
Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may still apply for tech makeover services.)
MONETARY GRANT
Businesses in select markets will have the ability to apply for $10,000 from October 1-14, 2021. Click below to learn more and see if your business qualifies.
At LEDC we can guide you through the application process to the Marketing Services and Tech Makeovers and/or Investment Fund ($10,000 grants)
Eligible business owners may apply for either or both programs.
To schedule an appointment, contact Jesús Mendoza, one of our Business Development Team members: (651) 661-7288 | jesus@ledcmn.org.
Apply here!
Learn more from the Frequently Asked Questions
