Comcast will award $1 million in grants to 100 small businesses owned by women and people of color, including Black, Indigenous, Hispanic, and Asian American owners, among others, in Allegheny County. Eligible businesses can access and submit applications at www.comcastrise.com from June 1-14.
Pittsburgh is one of five locations, including Atlanta, Detroit, Philadelphia, and Twin Cities, that was selected to award a $10,000 grant to 100 local businesses from the Comcast RISE Investment Fund, for a total of $5 million across 500 businesses. This will bring to $16 million the amount awarded since the inception of the Investment Fund.
The first round of the Comcast RISE Investment Fund, announced in April of 2021, provided $5 million in grants to 500 small businesses owned by people of color in five cities: Philadelphia/Chester, Houston, Atlanta, Chicago and Detroit. Round two was announced in September of 2021, providing $6 million in grants to 600 small businesses in six locations: Miami, Houston, Oakland, Seattle, the Twin Cities, and Washington, D.C.
To help drive awareness about round three of the program and provide additional support, training, and mentorship, Comcast has also awarded support to Neighborhood Allies, the Mon Valley Initiative and the University of Pittsburgh Institute for Entrepreneurial Excellence. Recipients will be announced later this summer.