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James Beard Foundation — a nonprofit organization whose mission includes celebrating leaders in American food culture — announced the launch of its grant initiative back in September to support Black and Indigenous Americans working in the F&B industries. Black and Indigenous-owned businesses are closing at disproportionate rates. Donate now to the JBF Investment Fund for Black and Indigenous Americans which provides emergency relief grants and mentorship to those businesses most at risk. Give today: https://t.co/FO8FoEd1Ec pic.twitter.com/n30MmK1Bvg — James Beard Foundation (@beardfoundation) December 15, 2020 The foundation has now officially opened up applications to provide these grants (valued at $15,000) to F&B businesses majority-owned by Black or Indigenous individuals. According to a press release, the initiative was initially launched as a component of the organization’s Open For Good campaign that kicked off back in April of 2019, to rebuild a stronger, more independent...
Jan 11, 2021
Metro Detroit company Flagstar Bank is continuing its commitment to diversity, inclusion, and equity in U.S. communities of color by pledging $1 million worth of grants to help small Black, Brown, and Indigenous-owned businesses who have been hit hard by COVID-19. According to a news release , Flagstar Bank has opened applications up to qualifying small businesses now through Nov. 20 for grants valued up to $5,000. “We have a commitment to our communities and to keeping our promises to them,” said Alessandro DiNello, CEO of Flagstar Bank, in a statement . “Reversing decades of systemic inequities is a marathon, and we are in it to the finish. These grants are an important milestone along the way to making our communities and our company better and more equitable for all.” Business qualifications to receive Flagstar’s grants include diverse ownership, revenues of no more than $1 million, and a location within Flagstar Bank’s footprint of Michigan, Fort Wayne and South Bend, Indiana;...
Nov 11, 2020
The American foodscape has proven to be a fruitful industry full of opportunities for Black and brown entrepreneurs. To celebrate the country’s forward-thinking food leaders, the James Beard Foundation — a nonprofit that acknowledges, nurtures, and honors chefs and other leaders in American food culture — has launched a new grant initiative to help provide financial resources for Black and indigenous-owned food or beverage businesses impacted by COVID-19. View this post on Instagram A post shared by James Beard Foundation (@beardfoundation) According to Black Enterprise , the James Beard Foundation Food and Beverage Investment Fund will offer grant funds to several businesses across the country. In partnership with their Open For Good campaign, which launched back in April, the foundation’s latest initiative is working to “rebuild an independent restaurant industry that is stronger, more equitable, more sustainable, and more resilient post-pandemic,” according to their blog . “The...
Sep 16, 2020