Now in its third year, Comcast RISE celebrates
having provided 13,500 businesses with more than $125 million in
monetary, marketing, and technology grants to date
Today, Comcast announced the names of the 100 businesses in
Memphis that will receive comprehensive grant packages, which
include business consultation services, educational resources, a
$5,000 monetary grant, creative production, media schedule, and a
technology makeover. The recipients are among more than 13,500
entrepreneurs nationwide, and more than 200 small businesses in
Memphis, who have been selected through the Comcast RISE program to
date. 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.
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the full release here:
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Comcast announces the names of the 100
businesses in Memphis that will receive comprehensive grant
packages (Photo: Business Wire)
"This is an exciting moment for Shelby County and an incredible
boost for the business community," said Tennessee Senator Raumesh
Arkbari. "Congratulations to each of the 100 Comcast RISE winners
and thank you to Comcast for their continuous support of our
communities."
The cities from which recipients were chosen in this round
include Baltimore, Detroit, Memphis, Philadelphia, and Portland,
OR. A total of 100 grants per city, or 500 grants overall, were
announced today and will be awarded in September 2023.
A sample of Memphis grant recipients include:
"We are excited to be one of the recipients of this grant - not
just for how the grant will positively impact Muggin Coffeehouse,
but also for what Comcast RISE stands for,” said Ken and Mary Olds
of Muggin' Coffeehouse. “Comcast truly does things that impact the
city of Memphis and communities alike, whether it is an investment
in small businesses or empowering youth serving organizations, they
stand on their word."
“There could not be a better time for ARCHd to receive this
incredible grant from Comcast,” said Kristen Archer, Owner of
ARCHd. “As we embark on our newest journey of being first-time shop
owners in downtown Memphis, this grant and support from the Comcast
RISE program will play a crucial role in our success.”
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 has evolved from helping businesses survive the
pandemic, to helping businesses and their communities achieve
stronger economic growth.
The grant packages 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
specifically for entrepreneurs.
MONETARY GRANT
$5,000 monetary grant to invest in growth and
sustainability.
CREATIVE PRODUCTION & MEDIA
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.
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.
“During the past two and a half years, we have listened to
feedback and taken the learnings from this program and have found
new ways to further empower and strengthen even more small
businesses and entrepreneurs, who are the backbone of our economy
and local communities,” said Loren Hudson, SVP and Chief Diversity
Officer for Comcast Cable. “By offering grant packages that include
complimentary marketing, technology, financial grants, business
consulting, entrepreneurship training, we can further our efforts
to positively impact small businesses, into 2024 and beyond, and
help them to shift from pandemic recovery to long-term growth.”
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 is 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230823147538/en/
Media Contact: Sara Jo Walker 615-417-4899
Sarajo_walker@comcast.com
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