Comcast has announced a significant initiative to support small businesses in the Greater Boston area by awarding comprehensive grant packages to 100 local entrepreneurs. This initiative is part of the Comcast RISE program, aimed at fostering entrepreneurial growth and community investment through financial support and resources.

Key Takeaways

• Comcast will award grants to 100 small businesses in Greater Boston.
• The initiative is part of the Comcast RISE program, which has already supported over 14,000 businesses nationwide.
• Eligible businesses can apply until May 31, with a focus on community impact and local employment.

Overview of Comcast RISE Program

The Comcast RISE program is designed to provide robust support to small businesses, particularly those owned by people of color. The program includes:

• Financial Grants: Each selected business will receive a monetary grant of $5,000.
• Technology Makeover: Recipients will benefit from a technology upgrade, including computer equipment and internet services for 12 months.
• Creative Production Media: Businesses will receive a professionally produced 30-second TV commercial and a media strategy consultation.
• Educational Resources: Access to online entrepreneurship courses and learning modules for a year.
• Coaching Sessions: Business assessment and coaching to help owners grow their businesses.

Eligibility Criteria

To qualify for the Comcast RISE program, applicants must meet the following criteria:

1. Be at least 18 years old and the primary decision-maker of the business.
2. Have been in operation for at least two years and generated revenue in the past 12 months.
3. Employ no more than 100 full-time and part-time employees.
4. Be independently owned and operated (not a franchise).
5. Have no felony or tax-related convictions in the last 10 years.
6. Not currently serve as a government official or employee.

Application Process

The application process is straightforward, allowing applicants to save their progress and return later. Here are some tips for potential applicants:

• Start Early: Open the application as soon as possible to give yourself ample time to complete it.
• Be Authentic: Share your business story and its significance to the community.
• Focus on Impact: Highlight how your business contributes to local employment and community well-being.

Community Impact

Becca Fracassa, the director of community impact for Comcast’s New England Region, emphasized the importance of supporting small businesses, stating, "We know that small businesses employ many people throughout the commonwealth. It’s important to us to support our local communities and those small businesses that uphold them."

Danielle Johnson, CEO of Spark FM Online and a previous recipient of the Comcast RISE grant, shared her experience, noting that the grant was a catalyst for her business growth and confidence in pursuing further funding opportunities.

Conclusion

The Comcast RISE program represents a vital opportunity for small businesses in Greater Boston to access the resources and support they need to thrive. With applications open until May 31, eligible business owners are encouraged to apply and take advantage of this initiative designed to foster local economic growth and community resilience.

Sources

• Comcast to award grants to Boston-area small businesses – The Bay State Banner, The Bay State Banner.