Comcast announced the company will award Grand Rapids Area Black Businesses (GRABB) $25,000 to fund the nonprofit’s Relief and Resilience Fund. This Comcast grant will allow GRABB to immediately offer financial assistance to Black-owned businesses which are suffering during the COVID-19 pandemic and economic downturn.
GRABB will immediately distribute the funds to up to 15 qualified Black-owned businesses. Business owners in need of this support are invited to apply at grabblocal.com/resources.
“Many of the Covid-19 impacted businesses in Grand Rapids are small family operations that haven’t been successful accessing traditional sources of capital,” said Jamiel Robinson, founder of GRABB. “The funding from Comcast for direct support of our Relief and Resilience Fund is timely. Along with our other program offerings, this support will help Black businesses stay afloat and survive these difficult times while providing some breathing room to refocus and forge forward through this uncertainty.”
GRABB is an economic and business development organization, empowering Black entrepreneurs to launch, survive, sustain and grow their businesses. GRABB works to foster an economy that creates prosperity and supports the revitalization of predominantly Black neighborhoods.
“Black-owned businesses have always played a vital role in Grand Rapids’ growth and future. During this pandemic, these entrepreneurs provide many of the services and resources that keep the community up and running,” said Jeff Snyder, manager of Government Affairs for Comcast in West Michigan. “At Comcast, we believe it’s our duty to step up and help our local community through this extraordinary time of unrest. This grant is just one of many ways in which we’re lending our support here in West Michigan.”