Last October, Comcast launched a three-year initiative called RISE — representation, investment, strength and empowerment — to support U.S. small businesses affected by the coronavirus pandemic.

Part one of the RISE program provided marketing and tech updates for Black-owned companies, specifically. Now, the Center City-based telecomms corporation will begin awarding $10,000 grants to Black, Indigenous and people of color-owned small businesses in five regions around the country through its Comcast RISE Investment Fund.

Through this phase, small businesses in Philadelphia and the City of Chester are allotted $1 million to be shared in 100 grants of $10,000. Small businesses in Atlanta, Chicago, Detroit and Houston are also eligible, with a total of $5 million in RISE grant funding available.

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