Tag Archives: million

Mastercard Pledges $500 Million To Help Close The Racial Wealth Gap

With the Black Lives Matter protests sparking new dialogue about race relations within the United States, more corporations have been forming new initiatives to end long-standing racial discrimination across different sectors. This week, Mastercard has unveiled its new commitment toward the racial wealth gap within the Black community with a $500 million investment over the…

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Shaq and AMEX Team Up to Launch $10 Million Grant for Small Black Businesses

Black businesses could score big time by gaining $10 million in grants from a fresh program financed by credit card giant American Express and supported by former NBA player Shaquille O’Neal. A mega-successful entrepreneur himself, O’Neal, and American Express are teaming up on “Coalition to Back Black Businesses.” It is geared to help Black-owned small…

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Fifth Third Bank Announces $1.2 Million Program To Help Black Female Entrepreneurs

Fifth Third Bank announced a new $1.2 million program meant to support Black women-owned businesses and entrepreneurs. The program, called Innovation meets Main Street: Boosting Black Women-Owned Businesses, will use $630,000 to grant funding to small, female-owned businesses and $250,000 for an investment in the Fearless Fund, a venture capital firm that invests in women…

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