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Comcast Rise Provides Grant Packages to 500 More Small Businesses in Five Cities

Business Wire
·4-min read

Small Businesses in Baltimore, Detroit, Memphis, Philadelphia, and Portland, OR are now eligible to apply for a comprehensive grant package that includes business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover.

During its initial two-year program, 13,000 small businesses were awarded over $110 million in monetary, marketing, and technology grants through the Comcast RISE program.

PHILADELPHIA, May 09, 2023--(BUSINESS WIRE)--Today, Comcast announced a new round of businesses in five cities will receive grants through Comcast RISE, providing 500 more small businesses with comprehensive grant packages that include business consultation services, educational resources, a $5,000 monetary grant, creative production, media schedule, and a technology makeover. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity, and inclusion, as well as community investment. The program was created to help businesses and their communities thrive with a focus on economic growth.

Beginning on June 1, and through June 30, eligible businesses in Baltimore, Detroit, Memphis, Philadelphia, and Portland, OR can apply for a grant package at www.ComcastRISE.com. A total of 100 grants per city, or 500 grants overall, will be announced in August and awarded in September 2023, bringing the total number of recipients to date to 13,500.

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"Small businesses are the backbone of our economy and are essential to building strong and thriving local communities," said Loren Hudson, SVP and Chief Diversity Officer at Comcast. "As small businesses transition from pandemic recovery to a focus on expansion and growth, Comcast RISE is proud to help strengthen and empower these deserving businesses and entrepreneurs."

Comcast RISE stands for Representation, Investment, Strength, and Empowerment. Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program will evolve from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth.

Grant packages will include:

CONSULTATION

Assessment of business and tactical planning; business to business coaching; and mentorship to advise on how to grow business.

EDUCATION RESOURCES

Educational content and resources tailored to individual companies based on where they are in their business lifecycle.

MONETARY GRANT

$5,000 monetary grant to invest in growth and sustainability.

CREATIVE PRODUCTION & MEDIA

Turnkey production of a 30-second TV commercial, plus a media strategy consultation and 180-day media placement schedule.

TECHNOLOGY MAKEOVER

Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may still apply for tech makeover services.)

In addition, any small business owner can visit the Comcast RISE destination on the X1 platform featuring aggregated small business news, tips, insights, and more. Just say "Comcast RISE" into the X1 voice remote.

Comcast RISE is part of Project UP, the company’s comprehensive initiative to advance digital equity and help build a future of unlimited possibilities.

More information and the applications to apply for a grant package are available at www.ComcastRISE.com.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

About Comcast Business

Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry

associations as one of the fastest growing providers of Ethernet services. For more information, visit www.business.comcast.com or call 866- 429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230509005297/en/

Contacts

Media:
William Bell
347-730-7758
William_Bell2@comcast.com