Inspiring Conversations: Truist Foundation and Miami Bayside Foundation Connect on Removing Barriers for BIPOC-Owned Small Businesses

Rhea-AI Summary

Truist Foundation continues its Inspiring Conversations series with President Lynette Bell engaging with Alan Alvarez of the Miami Bayside Foundation. This woman-led community development institution focuses on empowering historically disadvantaged business owners through social media and technology training, a vital initiative particularly as BIPOC-owned businesses faced significant challenges during the Covid-19 pandemic. Truist Foundation, aligned with Truist Financial Corporation (TFC), aims to enhance community quality of life by investing in initiatives that foster economic mobility and support small businesses, enhancing opportunities for a diverse range of entrepreneurs.

Positive

• Truist Foundation's commitment to community development through strategic investments.
• Support for BIPOC-owned small businesses through education and technology training.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / March 21, 2023 / During its Inspiring Conversations audio series, Truist Foundation President Lynette Bell sits down with various partners of the foundation so they can share the amazing work their organizations are doing to make a difference in their respective communities.

In the second installment of Inspiring Conversations, Lynette hosts an insightful discussion with Alan Alvarez, director of Educational Programs for the Miami Bayside Foundation. This woman-led community development financial institution (CDFI) uplifts historically disadvantaged business owners with a program that teaches them how to use social media and modern technology tools to build their businesses. The work became increasingly important as BIPOC-owned small businesses were disproportionately impacted during the Covid-19 pandemic.

To learn more, listen to Lynette's conversation with Alan.

About Truist Foundation

Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, Truist Foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. Truist Foundation's grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at truist.com/foundation.

View additional multimedia and more ESG storytelling from Truist on 3blmedia.com.

Contact Info:
Spokesperson: Truist
Website: https://www.3blmedia.com/profiles/truist
Email: info@3blmedia.com

SOURCE: Truist

View source version on accesswire.com:
https://www.accesswire.com/744952/Inspiring-Conversations-Truist-Foundation-and-Miami-Bayside-Foundation-Connect-on-Removing-Barriers-for-BIPOC-Owned-Small-Businesses

FAQ

What is the focus of the Truist Foundation's initiatives?

Truist Foundation focuses on building career pathways to economic mobility and strengthening small businesses.

Who is featured in the second installment of Inspiring Conversations?

Alan Alvarez, director of Educational Programs for the Miami Bayside Foundation, is featured.

How does Truist Foundation support BIPOC-owned businesses?

Truist Foundation supports BIPOC-owned businesses by providing programs that teach social media and technology tools.

When was Truist Foundation established?

Truist Foundation was established in 2020.

What is Truist Foundation's relationship with Truist Financial Corporation?

Truist Foundation is committed to aligning with Truist Financial Corporation's purpose to inspire and build better lives and communities.