Tuesday, September 15, 2020

Shaquille O’Neal Unveils Back Black Business Program

Shaquille O'Neal is lending his considerable muscle to a campaign to help get Black businesses back onto their feet.

The retired NBA great, broadcaster, DJ and sometime rapper is partnering with American Express on the "Coalition to Back Black Businesses," a newly-formed grant program intended to assist Black-owned small businesses in their post-COVID recovery.
The Coalition launches with a $10 million commitment to fund a grant program over the next four years. A portion of the grant will also fund leadership development and business mentoring.
Eligible Black small business owners, including music enterprises, will be considered for a $5,000 grant.
Also, special consideration will be given to women-owned businesses, which will make up at least 25% of the awarded grants, organizers say.
The historic Coalition marks the first-of-its-kind partnership between four major Black chambers: the U.S. Black Chambers, Inc., the National Business League, the National Black Chamber of Commerce and Walker’s Legacy.

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