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Magic Johnson Joins Forces With Cigna President Mike Triplett to Combat Racial Disparities Amongst Small Businesses

Magic Johnson just teamed up with Cigna to tackle the effects of the global pandemic on LatinX, Black, and woman-owned businesses. According to the LA Sentinel , the basketball legend and president of the U.S. Commercial Business at Cigna, Mike Triplett will lead the conversation on the effects of the pandemic through a roundtable discussion. The collaboration for change seeks to make a ripple effect across the county and eventually the nation. Johnson shares there should be no surprise when it comes to the major differences in impact among ethnicities. “We lost 41% of the members of Black business owners since the pandemic, and 32% decline in Hispanic businesses and then [a] 25% decline in women-owned businesses,” said Johnson. “It’s so important that we first try to keep the doors open for women-owned, Black-owned, and Hispanic-owned businesses.” Cigna’s Triplett also shared his thoughts on the mission of his organization. “As a global health service company, Cigna’s mission is to...

Shanique Yates

Nov 6, 2020

21 Small-Business Grants for Women

There are many small-business grants specifically catered to women business owners, and we’ve compiled a list of our top recommendations. The number of women-owned businesses in the U.S. has grown 45 percent since 2007, which is five times faster than the national average. As the number of women entering the small-business scene has increased, so have financing options specifically for women business owners. We know how much time can be put into grant applications, so we’ve done some of the research for you. Recommended Databases and Foundations for Women We recommend you leverage free databases and search tools to ensure your search is entirely comprehensive. Although we analyzed more than 100 small-business grants, other grants may fit your business perfectly. is the one of the most comprehensive search tools for grants and challenges specifically for women. The site doesn’t have the easiest filtering tool, but it does list dozens of grants...

Lending Tree

Dec 4, 2019