Comcast RISE Awards $1 Million in Grants to BIPOC-Owned, Small Businesses in Detroit

Comcast announced the Comcast RISE Investment Fund, providing $5 million dollars of grants to hundreds of Black, Indigenous, and People of Color (BIPOC)-owned, small businesses in five cities nationwide, including $1 million in Detroit.

Beginning on March 1 through March 14, eligible businesses in Detroit, in addition to Atlanta, Chicago, Houston and Philadelphia, can apply for a $10,000 grant at A total of 100 grants in Detroit or 500 grants overall, will be awarded in May 2021. The Investment Fund is the latest extension of Comcast RISE, the multi-year, multi-faceted initiative launched in October 2020 that initially focused on black-owned, small businesses and then extended to BIPOC-owned to help those hardest hit by COVID-19.

The Comcast RISE Investment Fund is focused on small businesses which have been in business for three or more years with 1-25 employees. Businesses must be in Detroit, Hamtramck or Highland Park, MI.