Mayor’s Office Push Release
Mayor Turner Applauds Comcast for Awarding $1 Million in Grants to BIPOC-Owned, Modest Enterprises in Houston
February 9, 2021 — Mayor Sylvester Turner, the Comcast Company, and various community leaders collected at Town Corridor these days to announce the Comcast Increase Expense Fund, which will award $5 million dollars of grants to hundreds of Black, Indigenous, and People today of Shade (BIPOC)-owned, modest companies in five cities nationwide, which includes $1 million in Houston.
Beginning on March 1 by way of March 14, eligible enterprises in Houston, in addition to Atlanta, Chicago, Detroit and Philadelphia, can apply for a $10,000 grant at www.ComcastRISE.com. A overall of 100 grants in Houston, or 500 grants general, will be awarded in May 2021. The Investment Fund is the newest extension of Comcast Increase, the multi-calendar year, multi-faceted initiative introduced in October 2020 that to begin with targeted on black-owned, small corporations and then extended to BIPOC-owned to help these toughest hit by COVID-19.
“The Town of Houston is aware the pandemic has designed challenges for many small corporations, especially minority-owned businesses, and we go on to do every thing we can to assist them survive until finally points get superior,” claimed Mayor Sylvester Turner. “The Comcast Rise Expenditure Fund will ensure that 100 little corporations that exist now continue on to exist tomorrow. I really persuade BIPOC-owned little organizations that are in most financial want to choose gain of this wonderful option.”
The Comcast Increase Financial commitment Fund is targeted on compact enterprises who have been in enterprise for a few or a lot more several years with 1-25 personnel. Firms will have to be in the subsequent geographic locations to be qualified: Houston, TX (Harris and Fort Bend Counties).
To aid drive outreach about the method and deliver extra help, training and mentorship, Comcast has also awarded far more than $2 million to approximately 20 community-primarily based organizations in the 5 metropolitan areas, including Houston Hispanic Chamber of Commerce, Increased Houston Black Chamber, Asian Chamber of Commerce, Better Houston LGBT, Houston East Conclusion Chamber and Cámara de Empresarios in Houston, as very well as the Association for Organization Option (AEO), Procedure Hope, Ureeka, U.S. Black Chambers, U.S. Hispanic Chamber of Commerce, Nationwide Asian American Chamber of Commerce.
“Small businesses have generally played an integral job in Houston’s expansion and future,” said Ralph Martinez, senior vice president for Comcast’s Houston location. “In the midst of the pandemic, these business people supplied lots of of the companies and resources that have kept our communities up and jogging.”
Experiments show that BIPOC-owned, tiny businesses have been specially tricky hit by the pandemic, and current investigate by JPMorgan Chase Institute uncovered that Atlanta, Chicago, Detroit, Houston and Philadelphia have been in the major marketplaces for sharp declines in area commerce expending. In addition, the the greater part of apps for the Comcast Increase marketing and technological know-how expert services element are from these 5 towns.
“Unfortunately, a lot of tiny organizations in Houston had been not in a position to face up to the quite a few months of suppressed revenues. Even though we remain optimistic about our economic recovery, public-non-public partnerships will perform a vital part in reducing the disruptions that so quite a few modest companies, precisely minority-owned business, are dealing with,” explained Vice Mayor Pro Tem Martha Castex-Tatum who chairs the City of Houston’s Economic Improvement Committee.
In addition to the financial investment fund, Comcast Rise, which stands for “Representation, Investment decision, Toughness and Empowerment,” supplies the opportunity for BIPOC-owned, tiny enterprises nationwide to utilize for just one or additional of the following help focus places for the chance to acquire 1. In excess of 700 recipients were being introduced in November, with the subsequent wave of recipients to be introduced in March 2021.
- Advertising and marketing Companies: The pursuing expert services from Effectv, the marketing profits division of Comcast Cable, and its innovative agency, Mnemonic, are intended to support recipients with their marketing and media campaigns, including:
- Media: A linear Tv media campaign to run about a 90-day interval.
- Imaginative Generation: Turnkey :30 Tv commercial creation, moreover a media technique session and 90-working day media placement schedule.
- Consulting: Advertising and marketing and promoting consultations with area Effectv advertising, investigate and artistic groups to obtain insights on how to drive business enterprise.
- Technological know-how Makeovers: The condition-of-the-art devices and know-how update from Comcast Company includes personal computer machines as effectively as World wide web, Voice and Cybersecurity solutions for up to a 12-thirty day period interval. (Taxes and other fees may possibly nevertheless apply for engineering makeover expert services.)
In addition, all qualified candidates will acquire a regular Comcast Increase newsletter with instructional information, and all modest business enterprise house owners can take a look at the Comcast Increase desired destination on the X1 platform, which options aggregated compact small business news, strategies, insights and far more. The destination is developed to support corporations expand by empowering them through inspiration and amusement. Just say “Comcast RISE” into the X1 voice remote.
Comcast Increase is element of a larger sized $100 million Range, Fairness and Inclusion initiative that Comcast introduced this summer time. In June, 2020, Comcast NBCUniversal declared the progress of a detailed, multi-12 months strategy to allocate $75 million in money and $25 million in media in excess of the next three many years to struggle injustice and inequality versus any race, ethnicity, gender identity, sexual orientation or potential.
A lot more information and the programs to implement for both the grant program or the advertising and marketing and technological know-how providers are offered at www.ComcastRISE.com.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a world media and technological know-how corporation with 3 main organizations: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one particular of the United States’ greatest substantial-velocity world wide web, movie, and cellphone vendors to household clients under the Xfinity brand, and also presents these products and services to firms. It also provides wireless and security and automation companies to household buyers underneath the Xfinity manufacturer. NBCUniversal is world-wide and operates information, leisure and sporting activities cable networks, the NBC and Telemundo broadcast networks, television manufacturing functions, tv station groups, Universal Images, and Universal Parks and Resorts. Sky is one particular of Europe’s leading media and entertainment organizations, connecting shoppers to a wide vary of video information by means of its pay back tv expert services. It also presents communications solutions, together with household superior-pace world wide web, mobile phone, and wireless expert services. Sky operates the Sky News broadcast network and sporting activities and entertainment networks, creates first information, and has unique content material legal rights. Visit www.comcastcorporation.com for extra information and facts.
About Comcast Business
About Comcast Business enterprise Comcast Small business delivers Ethernet, World-wide-web, Wi-Fi, Voice, Tv and Managed Business Remedies to assist corporations of all dimensions transform their business enterprise. Run by an sophisticated community, and backed by 24/7 shopper guidance, Comcast Small business is one particular of the greatest contributors to the advancement of Comcast Cable. Comcast Organization is the nation’s greatest cable supplier to tiny and mid-measurement businesses and has emerged as a force in the Business market identified more than the final two decades by foremost marketplace associations as a person of the quickest growing vendors of Ethernet products and services. For far more data, stop by www.enterprise.comcast.com or get in touch with 866- 429-3085. Observe on Twitter @ComcastBusiness and on other social media networks at http://company.comcast.com/social.
Effectv, the advertising and marketing sales division of Comcast Cable, helps area, regional and national advertisers use the finest of digital with the electricity of Television set to expand their company. It offers multi-monitor internet marketing alternatives to make advertising and marketing strategies far more successful and less complicated to execute. Headquartered in New York with offices through the state, Effectv has a existence in 66 marketplaces with virtually 35 million owned and represented subscribers. For far more details, visit www.effectv.com.