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6 min readMayor’s Business Push Launch
Mayor Turner Applauds Comcast for Awarding $1 Million in Grants to BIPOC-Owned, Small Firms in Houston
February 9, 2021 — Mayor Sylvester Turner, the Comcast Corporation, and quite a few local community leaders collected at City Corridor nowadays to announce the Comcast Rise Investment decision Fund, which will award $5 million bucks of grants to hundreds of Black, Indigenous, and People today of Color (BIPOC)-owned, smaller firms in 5 cities nationwide, together with $1 million in Houston.
Commencing on March 1 by way of March 14, qualified enterprises in Houston, in addition to Atlanta, Chicago, Detroit and Philadelphia, can use for a $10,000 grant at www.ComcastRISE.com. A complete of 100 grants in Houston, or 500 grants total, will be awarded in Might 2021. The Expense Fund is the most current extension of Comcast Increase, the multi-year, multi-faceted initiative launched in October 2020 that originally focused on black-owned, modest corporations and then extended to BIPOC-owned to support individuals hardest strike by COVID-19.
“The City of Houston is familiar with the pandemic has established problems for many small corporations, especially minority-owned companies, and we go on to do every thing we can to help them survive until eventually things get greater,” said Mayor Sylvester Turner. “The Comcast Rise Expense Fund will be certain that 100 tiny companies that exist these days continue on to exist tomorrow. I highly really encourage BIPOC-owned small firms that are in most economical want to get gain of this amazing option.”
The Comcast Increase Financial investment Fund is focused on tiny corporations who have been in business enterprise for a few or additional many years with 1-25 workers. Firms must be in the following geographic spots to be eligible: Houston, TX (Harris and Fort Bend Counties).
To support generate outreach about the application and provide further guidance, education and mentorship, Comcast has also awarded extra than $2 million to nearly 20 community-based corporations in the 5 metropolitan areas, together with Houston Hispanic Chamber of Commerce, Increased Houston Black Chamber, Asian Chamber of Commerce, Larger Houston LGBT, Houston East Conclusion Chamber and Cámara de Empresarios in Houston, as perfectly as the Association for Organization Option (AEO), Operation Hope, Ureeka, U.S. Black Chambers, U.S. Hispanic Chamber of Commerce, Countrywide Asian American Chamber of Commerce.
“Small organizations have generally played an integral function in Houston’s development and potential,” claimed Ralph Martinez, senior vice president for Comcast’s Houston region. “In the midst of the pandemic, these business people offered many of the solutions and resources that have retained our communities up and working.”
Scientific tests clearly show that BIPOC-owned, smaller businesses have been notably challenging hit by the pandemic, and recent research by JPMorgan Chase Institute found that Atlanta, Chicago, Detroit, Houston and Philadelphia had been in the top rated marketplaces for sharp declines in community commerce paying. On top of that, the the vast majority of purposes for the Comcast Rise advertising and marketing and technological know-how providers component are from these five towns.
“Unfortunately, several little enterprises in Houston were being not capable to stand up to the many months of suppressed revenues. While we keep on being optimistic about our financial recovery, public-personal partnerships will play a important part in reducing the disruptions that so quite a few modest companies, specially minority-owned business enterprise, are facing,” reported Vice Mayor Professional Tem Martha Castex-Tatum who chairs the Town of Houston’s Economic Advancement Committee.
In addition to the investment decision fund, Comcast Increase, which stands for “Representation, Financial commitment, Strength and Empowerment,” delivers the option for BIPOC-owned, smaller enterprises nationwide to utilize for just one or more of the subsequent aid emphasis parts for the prospect to receive a person. Above 700 recipients ended up announced in November, with the subsequent wave of recipients to be announced in March 2021.
- Advertising Solutions: The following solutions from Effectv, the promotion gross sales division of Comcast Cable, and its resourceful company, Mnemonic, are created to aid recipients with their marketing and advertising and media strategies, which includes:
- Media: A linear Tv media marketing campaign to operate about a 90-day time period.
- Resourceful Manufacturing: Turnkey :30 Tv set commercial output, plus a media strategy session and 90-working day media placement routine.
- Consulting: Advertising and internet marketing consultations with area Effectv advertising and marketing, exploration and resourceful groups to achieve insights on how to drive small business.
- Know-how Makeovers: The condition-of-the-art tools and technological know-how improve from Comcast Business features pc products as effectively as Web, Voice and Cybersecurity expert services for up to a 12-thirty day period period. (Taxes and other fees may well however apply for know-how makeover companies.)
In addition, all qualified applicants will obtain a every month Comcast Increase e-newsletter with academic information, and all little organization owners can visit the Comcast Increase location on the X1 platform, which capabilities aggregated smaller business news, strategies, insights and a lot more. The place is developed to assistance organizations develop by empowering them by way of inspiration and enjoyment. Just say “Comcast RISE” into the X1 voice remote.
Comcast Rise is section of a larger $100 million Variety, Equity and Inclusion initiative that Comcast introduced this summer time. In June, 2020, Comcast NBCUniversal introduced the development of a thorough, multi-12 months prepare to allocate $75 million in dollars and $25 million in media about the upcoming 3 yrs to combat injustice and inequality versus any race, ethnicity, gender id, sexual orientation or capability.
More info and the purposes to apply for either the grant application or the internet marketing and technologies providers are offered at www.ComcastRISE.com.
About Comcast Company
Comcast Corporation (Nasdaq: CMCSA) is a world wide media and technology corporation with three primary companies: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is a single of the United States’ largest superior-speed net, online video, and mobile phone vendors to household shoppers underneath the Xfinity brand, and also supplies these services to businesses. It also gives wireless and security and automation products and services to residential consumers below the Xfinity model. NBCUniversal is world wide and operates information, enjoyment and sports cable networks, the NBC and Telemundo broadcast networks, tv generation operations, tv station groups, Universal Shots, and Universal Parks and Resorts. Sky is just one of Europe’s leading media and enjoyment providers, connecting prospects to a wide selection of video content material as a result of its pay out tv expert services. It also supplies communications providers, together with residential high-pace online, cellular phone, and wi-fi expert services. Sky operates the Sky News broadcast community and sporting activities and leisure networks, makes original written content, and has exclusive content material rights. Visit www.comcastcorporation.com for extra data.
About Comcast Company
About Comcast Business Comcast Small business provides Ethernet, Web, Wi-Fi, Voice, Tv and Managed Organization Solutions to assist companies of all dimensions change their business enterprise. Powered by an innovative community, and backed by 24/7 buyer support, Comcast Organization is one particular of the premier contributors to the advancement of Comcast Cable. Comcast Small business is the nation’s largest cable provider to small and mid-measurement corporations and has emerged as a force in the Business industry identified in excess of the final two a long time by major marketplace associations as one particular of the quickest growing vendors of Ethernet providers. For extra details, take a look at www.enterprise.comcast.com or phone 866- 429-3085. Stick to on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.
About Effectv
Effectv, the promotion product sales division of Comcast Cable, aids area, regional and nationwide advertisers use the ideal of electronic with the electric power of Television to develop their enterprise. It gives multi-display internet marketing methods to make promoting strategies much more successful and a lot easier to execute. Headquartered in New York with workplaces through the region, Effectv has a presence in 66 markets with practically 35 million owned and represented subscribers. For extra details, stop by www.effectv.com.
