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U.S. Bank Taps Minnesota Nonprofits to Distribute 'Microbusiness' Grants


Nonprofits + Philanthropy | U.S. Bank Taps Minnesota Nonprofits to Distribute ‘Microbusiness’ Grants
Women of color make up the fastest-growing segment of entrepreneurs, but they’re also among the “least funded,” U.S. Bank’s Reba Dominski says.
Photo courtesy of U.S. Bank
U.S. Bank Taps Minnesota Nonprofits to Distribute ‘Microbusiness’ Grants
The Minneapolis-based bank is providing a share of a $25 million funding package to three Minnesota nonprofits, which will in turn distribute the money to small businesses owned by women of color.
Three Minnesota nonprofits are among the beneficiaries of a new wave of small business funding from Minneapolis-based U.S. Bank. ....

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U.S. Bank provides $450K to Russell Innovation Center for Entrepreneurs


U.S. Bank provides $450K to Russell Innovation Center for Entrepreneurs
(Photo provided by U.S. Bank)
ATLANTA (May 3, 2021)  U.S. Bank is providing a three-year, $450,000 investment in the Russell Innovation Center for Entrepreneurs (RICE), an Atlanta-based organization dedicated to empowering Black entrepreneurs and small business owners.
RICE is the largest business incubation hub in the United States dedicated exclusively to developing Black entrepreneurs. In addition to the grant, U.S. Bank employees will provide education and inspiration to emerging entrepreneurs who are seeking counsel in the areas of finance, technology, payments and innovation.
“Our support of the Russell Center is consistent with the U.S. Bank Access Commitment, a long-term approach to building wealth and providing access in diverse communities,” said Jamie Walker, CEO of Elavon, and head of merchant payments at U.S. Bank. “U.S. Bank is committed to ....

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