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Meda Announces “Million Dollar Challenge for Minority Entrepreneurs”

Largest BIPOC entrepreneurial competition returns for its third year. Meda (Metropolitan Economic Development Association) has opened up applications for its third year of the...

By MBE Magazine Staff, 2 years ago

OneUnited Bank Announces $10 Million Deposit By Biogen For #BankBlack Movement

Bank chosen for cutting-edge technology and leading the way to close racial wealth gap. OneUnited Bank, the largest Black-owned bank in America, today announced that Biogen Inc....

By MBE Magazine Staff, 2 years ago

Entrepreneurs Launch 100% Black-Owned Crowdfunding Platform

The 10K Project is an economic movement to fund black business and bridge the wealth gap. A group of entrepreneurs has launched a 100 percent black-owned equity crowdfunding...

By Tanya Isley, 2 years ago

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, 3 years 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, 3 years 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, 3 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, 3 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, 3 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, 3 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, 3 years ago

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