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Comcast Offers Equipment and Technology Resources to Small Businesses Hardest Hit by COVID-19 in Southern Arizona

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Comcast Corporation (NASDAQ: CMCSA) has launched the second round of the Comcast RISE program aimed at supporting small businesses impacted by COVID-19. The initiative now includes eligibility for Black, Indigenous, and People of Color (BIPOC)-owned businesses. Key components of Comcast RISE include technology resources, curated business content, and grants up to $10,000 for U.S.-based small and diverse businesses. This program is part of Comcast's $100 million Diversity, Equity, and Inclusion initiative to foster community growth.

Positive
  • Comcast RISE opens eligibility to BIPOC-owned small businesses.
  • Provides technology resources including equipment and services for up to 12 months.
  • Grants of up to $10,000 for eligible small and diverse businesses.
Negative
  • None.

TUCSON, Ariz.--()--Comcast Corporation (NASDAQ: CMCSA) launched the second round of Comcast RISE, an initiative created to help strengthen and empower small businesses hard hit by COVID-19. The Comcast RISE program will help thousands of small businesses over the next three years. This phase of Comcast RISE opens eligibility to include Black, Indigenous, and People of Color (BIPOC)-owned, small businesses. They can apply at www.ComcastRISE.com.

“We created Comcast RISE to partner with small businesses and give them access to tools to help them survive the pandemic and thrive. As we’ve gone through the selection process, it’s been so powerful to hear these business owners’ stories and see the tangible ways that we can help grow their businesses and impact their communities,” said Teresa Ward-Maupin, SVP for Digital and Customer Experience at Comcast Business. “I could not be more pleased to open this program to the entire BIPOC community and continue this positive momentum.”

Comcast RISE consists of the following main components:

  • A technology resources program: This pillar provides state-of-the-art technical support from Comcast Business to help small businesses foster and elevate growth. Recipients will receive equipment and technology upgrades, including:
    • Computer equipment and Internet, Voice and Cybersecurity services for up to a 12-month period. (Taxes and other fees may still apply for technology services.)
  • Business resources to help with curated content: Comcast has launched the Comcast RISE destination complete with aggregated small business news, tips, insights and more on the X1 platform. The destination is designed to help businesses grow by empowering them through education, inspiration and entertainment. Just say “Comcast RISE” into the X1 voice remote.
  • Grants: In early 2021, Comcast will be awarding grants of up to $10,000 each for U.S.-based small and diverse businesses that have been in operations for three to five years.

Comcast RISE is part of a larger $100 million Diversity, Equity and Inclusion initiative that Comcast launched this summer. In June, Comcast NBCUniversal announced the development of a comprehensive, multiyear plan to allocate $75 million in cash and $25 million in media over the next three years to fight injustice and inequality against any race, ethnicity, gender identity, sexual orientation or ability.

Visit www.ComcastRISE.com to apply, for more information and the latest updates.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States’ largest high-speed internet, video, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit www.comcastcorporation.com for more information.

About Comcast Business

Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry associations as one of the fastest growing providers of Ethernet services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.

About Effectv

Effectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multi-screen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 35 million owned and represented subscribers. For more information, visit www.effectv.com.

Contacts

Kyle Biederwolf, 505-264-5966
Kyle_biederwolf@comcast.com

FAQ

What is Comcast RISE and how does it support small businesses?

Comcast RISE is a program launched by Comcast to assist small businesses affected by COVID-19, offering technology resources, curated business content, and grants.

Who can apply for the grants provided by Comcast RISE?

Grants are available for U.S.-based small and diverse businesses that have been in operation for three to five years.

What is the amount of grants offered in the Comcast RISE initiative?

The Comcast RISE initiative offers grants of up to $10,000 for eligible small and diverse businesses.

What are the main components of the Comcast RISE program?

Comcast RISE includes technology resources, curated business content on the X1 platform, and grants for businesses.

What is Comcast's overall investment in diversity and inclusion initiatives?

Comcast has launched a $100 million Diversity, Equity, and Inclusion initiative to promote community development and support diverse businesses.

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