June 14, 2024

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Mayor’s Office environment Press Launch

Mayor Turner Applauds Comcast for Awarding $1 Million in Grants to BIPOC-Owned, Smaller Corporations in Houston

Press Conference Group Photo

February 9, 2021 — Mayor Sylvester Turner, the Comcast Corporation, and many neighborhood leaders gathered at Town Hall these days to announce the Comcast Increase Financial investment Fund, which will award $5 million dollars of grants to hundreds of Black, Indigenous, and Individuals of Shade (BIPOC)-owned, tiny companies in 5 metropolitan areas nationwide, together with $1 million in Houston.

Starting on March 1 as a result of March 14, qualified companies in Houston, in addition to Atlanta, Chicago, Detroit and Philadelphia, can apply for a $10,000 grant at www.ComcastRISE.com. A full of 100 grants in Houston, or 500 grants overall, will be awarded in Could 2021. The Financial investment Fund is the latest extension of Comcast Increase, the multi-year, multi-faceted initiative released in October 2020 that originally concentrated on black-owned, little firms and then prolonged to BIPOC-owned to assistance these most difficult strike by COVID-19.

“The City of Houston appreciates the pandemic has created difficulties for many small businesses, especially minority-owned businesses, and we continue to do everything we can to support them survive right until matters get much better,” said Mayor Sylvester Turner. “The Comcast Increase Expense Fund will guarantee that 100 little companies that exist right now continue to exist tomorrow. I hugely encourage BIPOC-owned smaller firms that are in most economic have to have to get benefit of this excellent option.”

The Comcast Increase Expenditure Fund is targeted on modest firms who have been in organization for three or a lot more years with 1-25 staff. Businesses should be in the pursuing geographic places to be suitable: Houston, TX (Harris and Fort Bend Counties).

Comcast Rise Graphic

To aid push outreach about the method and present further guidance, education and mentorship, Comcast has also awarded more than $2 million to approximately 20 community-dependent businesses in the 5 cities, together with Houston Hispanic Chamber of Commerce, Higher Houston Black Chamber, Asian Chamber of Commerce, Bigger Houston LGBT, Houston East Finish Chamber and Cámara de Empresarios in Houston, as very well as the Affiliation for Business Opportunity (AEO), Procedure Hope, Ureeka, U.S. Black Chambers, U.S. Hispanic Chamber of Commerce, Nationwide Asian American Chamber of Commerce.

“Small corporations have always played an integral purpose in Houston’s expansion and potential,” claimed Ralph Martinez, senior vice president for Comcast’s Houston location. “In the midst of the pandemic, these entrepreneurs presented quite a few of the expert services and assets that have stored our communities up and running.”

Scientific tests exhibit that BIPOC-owned, tiny organizations have been specially challenging strike by the pandemic, and current research by JPMorgan Chase Institute located that Atlanta, Chicago, Detroit, Houston and Philadelphia had been in the prime marketplaces for sharp declines in area commerce expending. On top of that, the bulk of applications for the Comcast Rise advertising and marketing and know-how companies element are from these five cities.

“Unfortunately, a lot of little firms in Houston were being not equipped to stand up to the several months of suppressed revenues.  While we remain optimistic about our economic recovery, public-personal partnerships will engage in a crucial role in minimizing the disruptions that so numerous small businesses, especially minority-owned organization, are facing,” explained Vice Mayor Pro Tem Martha Castex-Tatum who chairs the City of Houston’s Financial Development Committee.

Comcast Rise Logo

In addition to the financial commitment fund, Comcast Increase, which stands for “Representation, Investment decision, Energy and Empowerment,” supplies the option for BIPOC-owned, little companies nationwide to utilize for a single or more of the next assist concentrate places for the opportunity to receive one particular. Around 700 recipients have been announced in November, with the subsequent wave of recipients to be announced in March 2021.

  • Promoting Services: The adhering to solutions from Effectv, the advertising product sales division of Comcast Cable, and its inventive company, Mnemonic, are developed to assist recipients with their marketing and media strategies, such as:
    • Media: A linear Tv set media campaign to operate in excess of a 90-working day interval.
    • Innovative Generation: Turnkey :30 Television set commercial production, as well as a media approach consultation and 90-working day media placement routine.
    • Consulting: Promoting and advertising and marketing consultations with local Effectv advertising, analysis and inventive teams to achieve insights on how to drive business.

 

  • Engineering Makeovers: The condition-of-the-art machines and technological know-how improve from Comcast Small business incorporates personal computer gear as nicely as Web, Voice and Cybersecurity providers for up to a 12-thirty day period period of time. (Taxes and other service fees may possibly still apply for technologies makeover expert services.)

In addition, all eligible applicants will get a month to month Comcast Increase newsletter with instructional written content, and all tiny organization house owners can pay a visit to the Comcast Rise desired destination on the X1 platform, which features aggregated small business enterprise news, ideas, insights and a lot more. The location is made to help companies mature by empowering them through inspiration and leisure. Just say “Comcast RISE” into the X1 voice distant.

Comcast Rise is element of a larger $100 million Variety, Equity and Inclusion initiative that Comcast introduced this summer time. In June, 2020, Comcast NBCUniversal declared the improvement of a thorough, multi-12 months system to allocate $75 million in dollars and $25 million in media more than the following 3 years to battle injustice and inequality versus any race, ethnicity, gender identification, sexual orientation or skill.

Extra info and the applications to utilize for possibly the grant application or the advertising and marketing and technology services are offered at www.ComcastRISE.com.
 
About Comcast Company
Comcast Corporation (Nasdaq: CMCSA) is a worldwide media and know-how enterprise with three most important organizations: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is a person of the United States’ greatest large-velocity world wide web, movie, and cellphone vendors to residential clients underneath the Xfinity brand, and also gives these companies to corporations. It also provides wireless and stability and automation services to household prospects under the Xfinity brand. NBCUniversal is global and operates news, leisure and sports activities cable networks, the NBC and Telemundo broadcast networks, tv generation operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one particular of Europe’s leading media and enjoyment organizations, connecting prospects to a wide variety of video clip content by its fork out tv services. It also delivers communications products and services, like household substantial-velocity internet, cell phone, and wireless solutions. Sky operates the Sky News broadcast community and sports activities and leisure networks, produces original information, and has special content legal rights. Visit www.comcastcorporation.com for a lot more information.

About Comcast Enterprise
About Comcast Enterprise Comcast Enterprise presents Ethernet, World-wide-web, Wi-Fi, Voice, Tv set and Managed Company Options to help businesses of all measurements transform their enterprise. Run by an highly developed community, and backed by 24/7 client guidance, Comcast Business is one of the most significant contributors to the progress of Comcast Cable. Comcast Organization is the nation’s most significant cable supplier to compact and mid-sizing businesses and has emerged as a drive in the Organization market place regarded in excess of the previous two a long time by primary field associations as one of the quickest escalating companies of Ethernet providers. For additional information and facts, check out www.business enterprise.comcast.com or phone 866- 429-3085. Abide by on Twitter @ComcastBusiness and on other social media networks at http://organization.comcast.com/social.

About Effectv
Effectv, the advertising revenue division of Comcast Cable, assists community, regional and national advertisers use the ideal of electronic with the electric power of Television to improve their enterprise. It provides multi-display advertising and marketing remedies to make marketing campaigns much more powerful and a lot easier to execute. Headquartered in New York with workplaces throughout the nation, Effectv has a existence in 66 markets with virtually 35 million owned and represented subscribers. For a lot more info, visit www.effectv.com.

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