Program Has Reached Extra Than 6,700 Small Companies of Colour with over $60 Million in Grants, Advertising and marketing, and Expertise Providers to Date

SEATTLE –Information Direct– Comcast Washington

Comcast as we speak introduced it’s going to award $1 million in complete grants in addition to know-how and advertising and marketing sources to greater than 100 small companies owned by folks of colour in King and Pierce Counties. The recipients are amongst almost 6,700 entrepreneurs nationwide who’ve been chosen by means of the Comcast RISE program, which gives advertising and marketing, know-how, and capital assist to small enterprise homeowners.

To additional construct on this system’s success and supply assist to much more small companies, Comcast additionally introduced as we speak a serious growth to eligibility, enabling all women-owned small companies nationwide to use. This growth acknowledges and seeks to assist deal with the persistent inequities ladies proceed to face in accessing the sources and funding which are vital to success.

Comcast RISE and the Comcast RISE Funding Fund, initially launched as a response to assist small companies homeowners of colour hardest hit by the financial impacts of the COVID-19 pandemic, proceed to concentrate on uplifting small companies, making certain they proceed to prosper in an ever-shifting post-pandemic economic system.

With as we speak’s announcement, 100 chosen companies in King and Pierce Counties will every obtain a $10,000 grant. Extra small companies will obtain advertising and marketing or know-how assist comparable to a TV marketing campaign, manufacturing of a TV business or consulting companies from Effectv, the promoting gross sales division of Comcast Cable, or pc gear, web, voice or cybersecurity companies from Comcast Enterprise.

A whole record of the 100 Comcast RISE grant recipients in King and Pierce Counties is accessible at: https://washington.comcast.com/. A few of these recipients are already planning with how one can leverage the grant to enhance their enterprise.

“This grant is sort of a new starting for my enterprise after the struggles of the pandemic,” shared Michael Douangluxay-Cloud of Mainasty Productions, which produces brief movies, characteristic movies, net sequence, podcasts, and commercials with a concentrate on Individuals of colour narratives. “I can’t wait to have the ability to discover my concepts and have the ability to take dangers to take our enterprise to the subsequent degree.”

“For us at Mediums Collective, the Comcast RISE Grant represents hope, fairness, and financial progress for ourselves and our group,” added Roger Maldonado, Mediums Collective founder. “This grant will function motivation for us to proceed placing within the work and changing into business leaders. As a minority-owned enterprise, we frequently face many systemic obstacles in terms of accessing capital. To know that corporations are stepping up and offering monetary alternatives is motion in the appropriate course”

“We all know that there’s an immense and ongoing have to assist small companies, particularly when these companies characterize a few of the most marginalized communities. GSBA has been dedicated to actively selling the Comcast RISE program to our members and to native small companies owned by folks of colour to attach them with this much-needed assist,” stated Mark Rosen, Appearing President & CEO, GSBA. “This sort of work helps us all transfer the mission to construct a extra simply and equitable society and we thank Comcast for his or her partnership and collaboration to make a distinction.”

“As we proceed to rebuild and emerge from the results of the pandemic, small companies will proceed to be the spine of our economic system – and we should take each alternative to assist them thrive,” stated Teresa Ward-Maupin, Senior Vice President, Digital and Buyer Expertise, Comcast Enterprise. “Wanting ahead, this growth will allow Comcast RISE to additional empower and strengthen much more small companies which are the guts of our native communities throughout the nation.”

Within the yr since its inception, Comcast RISE has awarded greater than $11 million in grants and $50 million in in-kind assist for advertising and marketing and know-how companies, impacting greater than 6,700 entrepreneurs of colour in 432 cities throughout 34 states. By the top of 2022, 13,000 companies throughout the nation are anticipated to profit from the Comcast RISE initiative, both by means of the grant program or from the sources supplied by means of Effectv and Comcast Enterprise.

Along with the monetary and enterprise assist companies supplied, a key a part of this system is making certain the long-term sustainability of companies. To assist deal with this, Comcast invests in and companions with organizations comparable to Ureeka to offer ongoing mentorship and sources to assist small companies succeed over the long-term.

Comcast RISE, which stands for Illustration, Funding, Power, and Empowerment, is a part of Venture UP, Comcast’s complete initiative to advance digital fairness and assist present underrepresented small enterprise homeowners with entry to the digital instruments and funding they should thrive. Over the subsequent 10 years, Comcast has dedicated $1 billion to applications and partnerships that can attain an estimated 50 million folks with the talents, alternatives, and sources they want to achieve an more and more digital world.

This system will proceed to be open to racially and ethnically numerous small enterprise homeowners and the expanded Comcast RISE eligibility to all women-owned companies shall be efficient on January 16, 2022. Extra info and the purposes to use for both the grant program or advertising and marketing and know-how companies can be found at www.ComcastRISE.com.

About Comcast Enterprise

Comcast Enterprise gives a collection of Connectivity, Communications, Networking, Cybersecurity, Wi-fi, and Managed Options to assist organizations of various sizes put together for what’s subsequent. Powered by the nation’s largest Gig-speed broadband community, and backed by 24/7 buyer assist, Comcast Enterprise is the nation’s largest cable supplier to small and mid-size companies and one of many main service suppliers to the Enterprise market. Comcast Enterprise has been constantly acknowledged by business analysts and associations as a frontrunner and innovator, and one of many quickest rising suppliers of Ethernet companies. For extra info, name 866-429-3085. Comply with on Twitter @ComcastBusiness and on different social media networks at http://enterprise.comcast.com/social.

About Effectv

Effectv, the promoting gross sales division of Comcast Cable, helps native, regional and nationwide advertisers use the very best of digital with the facility of TV to develop their enterprise. It gives multi-screen advertising and marketing options to make promoting campaigns simpler and simpler to execute. Headquartered in New York with places of work all through the nation, Effectv has a presence in 66 markets with almost 35 million owned and represented subscribers. For extra info, go to www.effectv.com.

About Comcast Company

Comcast Company (Nasdaq: CMCSA) is a worldwide media and know-how firm that connects folks to moments that matter. We’re principally targeted on broadband, aggregation, and streaming with over 56 million buyer relationships throughout the USA and Europe. We ship broadband, wi-fi, and video by means of our Xfinity, Comcast Enterprise, and Sky manufacturers; create, distribute, and stream main leisure, sports activities, and information by means of Common Filmed Leisure Group, Common Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, a number of cable networks, Peacock, NBCUniversal Information Group, NBC Sports activities, Sky Information, and Sky Sports activities; and supply memorable experiences at Common Parks and Resorts in the USA and Asia. Go to www.comcastcorporation.com for extra info.

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