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Ford and National Urban League Launch $600,000 Initiative to Help Black Business Owners Hit By COVID-19

New pilot program seeks to provide immediate access to capital for Black business owners disproportionately affected by COVID-19. Ford Motor Company and its philanthropic arm,...

By MBE Magazine Staff, 1 year ago

A “Buffet” of Financing Options

Business financing expert and author Anthony Price says raising capital today is not the way your parents raised capital 30 years ago. Anthony Price is one of the foremost experts...

By MBE Magazine Staff, 1 year ago

Wells Fargo Awards $13.5M Grant to the Expanding Black Business Credit Initiative

The grant will support the launch of the Black Vision Fund to capitalize seven CDFIs and will provide $3.5M in immediate economic relief funding. Wells Fargo awarded a...

By MBE Magazine Staff, 2 years ago

Official seal of the NAACP

Diversity Capital and NAACP Announce Joint Venture to Finance and Advise MBEs

Diversity Capital Company, LLC (DiversityCapCo), a subsidiary of NexTier Companies, LLC, and the NAACP (National Association of the Advancement of Colored People, Inc.) announced...

By MBE Magazine Staff, 2 years ago

Zero-Percent Interest Loans Offered to Minority Businesses Impacted by COVID-19, Civil Unrest

Black-owned, private equity firm, Building Wealth & Communities (BWC) Capital, announced the launch of the BWC+invest ZeroPercent Interest Loan Program. Developed for small,...

By MBE Magazine Staff, 2 years ago

PayPal Announces $530 Million Commitment to Support Black Businesses

Funds will provide immediate financial relief, sustained support and long-term investment to expand economic opportunity for Black and underrepresented minority businesses and...

By MBE Magazine Staff, 2 years ago

Highlighting the Disparities in PPP Funding

BWC Consulting has been working with clients to prepare for a post-COVID-19 world as well as helping them navigate funding obstacles. When most businesses ceased operating due to...

By MBE Magazine Staff, 2 years ago

Bank of America Announces $1 Billion/4-Year Commitment to Support Economic Opportunity Initiatives

Bank of America announced that it is making a $1 billion, four-year commitment of additional support to help local communities address economic and racial inequality accelerated...

By MBE Magazine Staff, 2 years ago

SBA Issues New Regulations for Women-Owned Small Business Federal Contracting Program

WASHINGTON – The U.S. Small Business Administration recently published Women-Owned Small Business Federal Contracting...

By MBE Magazine Staff, 2 years ago

Wells Fargo and USHCC Announce Emergency COVID-19 Relief Grants to 70 Hispanic Chambers

WASHINGTON – Wells Fargo & Company and the United States Hispanic Chamber of Commerce (USHCC) are proud to announce the dissemination of 70 Emergency Relief Grants...

By MBE Magazine Staff, 2 years ago

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