November 29, 2020

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Comcast Provides 1000’s of Grants, Devices, Marketing and Technological know-how Means to Compact Businesses Hardest Strike by COVID-19

6 min read

Comcast Rise Initiative Presents Small Organizations with Totally free Marketing Insights and Prospects to Apply for Media, Know-how Upgrades and Grants Up To $10,000

Black-Owned Smaller Corporations, These Impacted Most by the Pandemic, are the Initial Suitable Applicants for Comcast Increase Means and Grants.

Comcast Company (NASDAQ: CMCSA) now released Comcast Rise, an initiative made to assistance bolster and empower compact firms hard hit by COVID-19. The Comcast Rise application will support countless numbers of compact organizations above the upcoming a few years. The multi-faceted method provides grants, marketing and advertising and technological know-how upgrades, which include media campaigns and connectivity, computer system and voice devices, as effectively as cost-free marketing and advertising insights to all candidates.

U.S. smaller enterprises have been especially really hard hit by the pandemic. A the latest research from the National Bureau of Financial Research identified that the number of U.S. active business proprietors dropped from 15 million to 11.7 million from February to April. The study cited that Black-owned compact companies were being toughest hit, suffering the steepest decrease (41 p.c), followed by Hispanic and Asian American-owned tiny companies.

The application will roll out in waves, and starting today, U.S.-based Black-owned modest corporations can use for marketing and technological innovation aid and equipment to jumpstart and assist them sustain company operations. In addition, all compact corporations are ready to indication up for cost-free marketing insights and sources. The upcoming wave of the system will open up up eligibility to include things like Black, Indigenous, and Men and women of Shade (BIPOC), people up coming strike toughest by the outcomes of the pandemic.

“There is this old indicating, ‘When The usa catches a chilly, black The usa catches pneumonia.’ Black Enterprises, which hardly ever recovered from the excellent economic downturn, have been ravaged by COVID-19 with Black-owned firms two times as likely to shut as their white counterparts. Even though many enterprises have responded by relocating online or retrofitting to permit for social distancing, several Black organization entrepreneurs have experienced to halt their functions absolutely,” reported Ron Busby, President/CEO, U.S. Black Chambers, Inc. “Comcast Rise will assist Black organizations adapt to the altering landscape and posture them to be leaders in America’s burgeoning on line to offline financial system. USBC commends Comcast for commencing this system and for their palms-on support of Black-owned companies, due to the fact advancing Black companies advancements us all.”

Comcast resolved to launch Comcast Increase, which stands for “Illustration, Expenditure, Power and Empowerment,” to enable the hardest hit little organization owners get a clean begin and improve their operations during this tough time. Comcast Increase delivers together two of the company’s brand names —Comcast Enterprise and Effectv, equally with experience in the modest enterprise room — to help empower organization proprietors with the instruments, expertise and assets desired to navigate the financial consequences of the pandemic.

“We see and know firsthand how very important smaller organizations are in powering economic advancement, restoration and innovation. Now far more than ever, driving awareness and protecting a sturdy digital existence are vital for these organizations to succeed,” mentioned Teresa Ward-Maupin, SVP for Digital and Consumer Expertise at Comcast Business enterprise. “We produced Comcast Increase to give these company house owners access to the tools and means they want to survive the pandemic and prosper.”

“Small firms have normally played an integral job in our nation’s progress and long term. In the midst of the pandemic, these entrepreneurs presented numerous of the expert services and methods that retain our communities up and operating,” explained Comcast Advertising Main Promoting Officer Maria Weaver. “We’re very pleased and humbled to guidance those people hit most difficult by the pandemic, and provide them with marketing and advertising and engineering aid at a time when they have to have it the most.”

Comcast Increase is made up of the pursuing major factors:

  • A media and technology resources method: This pillar combines Effectv’s renowned media system and advertising knowledge, its award-winning inventive agency, Mnemonic, and state-of-the-artwork specialized guidance from Comcast Organization to aid tiny enterprises foster and elevate growth. Recipients will obtain assist with their internet marketing, media campaigns and development of 30-next commercials, as properly as web site and tech upgrades, which includes:

    • Consulting: Advertising and promoting consultations with local Effectv promoting, exploration and creative teams to attain insights on how to expand your business enterprise.

    • Media: A linear Television media campaign to run about a 90-day interval.

    • Innovative Generation: Turnkey :30 Television industrial creation for their enterprises.

    • Engineering Makeovers: Computer tools and Online, voice and cybersecurity expert services for up to a 12-thirty day period period of time to aid company restoration when applying other Comcast modest organization initiatives. (Taxes and other costs could even now use for tech makeover products and services.)

  • Organization means to enable with curated material: Comcast will make a organization studying desired destination site on the X1 system. This will consist of programming content about smaller firms, tutorials and academic content supposed to assist companies grow.

  • Grants: In the coming months, Comcast will be awarding grants of up to $10,000 each and every for U.S.-based mostly smaller and diverse businesses that have been in operations for 3 to five several years.

Comcast Increase is component of a larger $100 million Variety, Fairness and Inclusion initiative that Comcast introduced this summer season. In June, Comcast NBCUniversal announced the development of a detailed, multiyear strategy to allocate $75 million in cash and $25 million in media over the subsequent three many years to struggle injustice and inequality versus any race, ethnicity, gender identification, sexual orientation or capacity.

In the upcoming, the system aims to develop to other modest and varied organization proprietors. Stop by https://www.ComcastRISE.com for much more data on eligibility requirements, and the most recent updates.

About Comcast Company

Comcast Corporation (Nasdaq: CMCSA) is a world-wide media and engineering organization with three main businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is a person of the United States’ greatest higher-velocity web, movie, and telephone suppliers to residential shoppers beneath the Xfinity model, and also offers these companies to corporations. It also presents wi-fi and stability and automation providers to residential clients below the Xfinity brand. NBCUniversal is international and operates information, enjoyment and sporting activities cable networks, the NBC and Telemundo broadcast networks, tv production operations, tv station teams, Universal Pics, and Common Parks and Resorts. Sky is a single of Europe’s foremost media and amusement organizations, connecting customers to a wide array of online video content material through its pay television companies. It also provides communications companies, including residential higher-velocity online, cellphone, and wi-fi products and services. Sky operates the Sky Information broadcast network and sporting activities and leisure networks, produces unique written content, and has exclusive content legal rights. Go to www.comcastcorporation.com for additional information and facts.

About Comcast Enterprise

About Comcast Business enterprise Comcast Enterprise provides Ethernet, Online, Wi-Fi, Voice, Television set and Managed Enterprise Solutions to aid companies of all dimensions completely transform their small business. Powered by an advanced community, and backed by 24/7 shopper help, Comcast Enterprise is just one of the major contributors to the progress of Comcast Cable. Comcast Enterprise is the nation’s premier cable supplier to small and mid-dimension corporations and has emerged as a pressure in the Company market identified over the final two many years by top business associations as just one of the swiftest developing vendors of Ethernet solutions. For additional data, get in touch with 866- 429-3085. Stick to on Twitter @ComcastBusiness and on other social media networks at https://small business.comcast.com/social.

About Effectv

Effectv, the promoting gross sales division of Comcast Cable, will help local, regional and countrywide advertisers use the very best of electronic with the electrical power of Television set to mature their business enterprise. It delivers multi-display screen internet marketing methods to make marketing campaigns extra productive and a lot easier to execute. Headquartered in New York with workplaces throughout the place, Effectv has a existence in 66 marketplaces with almost 35 million owned and represented subscribers. For additional information, stop by www.effectv.com.

Watch resource edition on businesswire.com: https://www.businesswire.com/news/house/20201013005182/en/

Contacts

Elaine Wong, 929-388-9098
[email protected]

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