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Fifth Third Foundation Launches $1.2M Resource Program For Black Women Entrepreneurs

Black women in business is an underfunded and underserved demographic, despite being the fastest of any population to start their own entrepreneurial ventures. To combat this fact, Fifth Third Foundation — one of the first charitable foundations founded by a financial institution — has announced a new $1.2 million program called “Innovation meets Main Street: Boosting Black Women-Owned Businesses.” It is a partnership between AEO and LISC powered by Fifth Third Bank to support Black women business-owners, a news release reports . Providing $1.2 million in funding, the Fifth Third Foundation is proud to power Innovation meets MainStreet, a new program for Black, and other minority, women entrepreneurs. See details and how to apply: — Fifth Third Bank (@FifthThird) September 10, 2020 The program is set to provide a variety of targeted services, including grants, technical assistance, or capital infusions, to 35 Black- or other...

Sep 17, 2020