[Black Business\ Flagstar Bank Grants]
MBE: “Flagstar Bank is keeping a promise and commitment to diversity, equity and inclusion in the communities it serves by giving $1 million in grants to help small businesses owned by Black, Indigenous and people of color whose operating expenses are impacted by COVID-19.
Photo: YouTube
Photo: YouTube
Flagstar Bank is keeping a promise and commitment to diversity, equity and inclusion in the communities it serves by giving $1 million in grants to help small businesses owned by Black, Indigenous, and people of color whose operating expenses are impacted by COVID-19.
Businesses owned by people of color have been especially hard hit by COVID-19, with nearly half of Black-owned businesses shuttered by the pandemic.
Qualifying small businesses can submit applications now through Nov. 20 for grants of $5,000.
Flagstar has partnered with BIPOC nonprofits in its key banking markets to vet and administer the grants.
Qualifications 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; and the High Desert of San Bernardino County, California.
Additional qualifications, grant uses and other information are available in the application.
Read rest of story here.
