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Capital One will continue to support underserved communities. The banking service will build on its $200 million multi-year commitment by contributing an additional $10 million to existing and new partnerships. The funding aims to close gaps in equity and opportunity to foster growth for underserved communities. Recipients of the new funding include African American Alliance of CDFI CEOs, Vera Institute of Justice, United Negro College Fund, finEQUITY, Local Initiatives Support Corporation, Black Girl Ventures, and Jobs for the Future. In addition, Capital One will target funding toward Black-owned businesses. The contribution will be timely as various Black businesses experienced financial droughts during the peak of the pandemic. Capital One will partner with the Association for Enterprise Opportunity to create the Capital One Business grant program. Business owners will receive $10,000 grants through the program and access to free resources to propel their business through...
The National Football League (NFL) is continuing its 2016 promise to strengthen its ties with Historically Black Colleges and Universities (HBCUs). The league will be hosting its second annual Madden NFL 22 x HBCU Tournament with EA alongside career development opportunities that will extend beyond the field, according to an official update from the league’s Football Operations. The tournament will feature 48 HBCUs in the SWAC, MEAC, SIAC and CIAA conferences in hopes of inspiring students to represent their school’s pride through competition and networking opportunities. “We are so thrilled to bring back this tournament for HBCU students and offer a once-in-a-lifetime experience to come to Los Angeles during Super Bowl LVI Week,” said Natara Holloway, vice president, football strategy at the NFL in an update. “We want to expand the league’s efforts to create inclusive opportunities for the next generation of talent with partners like EA providing not only a chance for students to...