Associated tags: Silver, Racism, Mentorship, Poverty, LEED, RICE, Small business, Curriculum, Black, Food, Renewable energy, Research
Locations: GEORGIA, RUSSELL
EDP,
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CPA Their collective expertise and proven track records are poised to propel RICE and its mission of fostering entrepreneurial excellence further.
Key Points:
- Their collective expertise and proven track records are poised to propel RICE and its mission of fostering entrepreneurial excellence further.
- Monica Delores Hooks brings an impressive background marked by transformative leadership in the entrepreneurial ecosystem, most notably with the Women's Entrepreneurship Initiative (WEI).
- Her efforts have generated significant capital and job creation, underscoring her ability to impact the global business landscape.
- Their leadership reaffirms RICE's commitment to diversity, empowerment, and the success of every entrepreneur in the community.
Retrieved on:
Thursday, February 29, 2024
Black History Month,
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RICE,
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Partnership ATLANTA, Feb. 29, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) is thrilled to announce a $2 million grant awarded by Truist Foundation and two Truist Trusteed Foundations to advance RICE's expansion efforts and elevate Atlanta-based Black entrepreneurs both within the RICE community and beyond.
Key Points:
- ATLANTA, Feb. 29, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) is thrilled to announce a $2 million grant awarded by Truist Foundation and two Truist Trusteed Foundations to advance RICE's expansion efforts and elevate Atlanta-based Black entrepreneurs both within the RICE community and beyond.
- The generous support from Truist will continue to increase mentorship, deliver essential business resources, and expand access to valuable opportunities for capital and financial education.
- Research conducted by the U.S. Chamber of Commerce highlights that nearly 71% of Black entrepreneurs depend on personal and family savings for financing.
- The disparity in access to capital is further exacerbated by the lower levels of family wealth among Black families.
Retrieved on:
Tuesday, February 20, 2024
Research,
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RICE,
Internet ATLANTA, Feb. 20, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE), the largest center in the world dedicated to growing, scaling, and developing Black Entrepreneurs, proudly announces a $1 million grant by Comcast NBCUniversal to help advance RICE initiatives aimed at uplifting entrepreneurs in the Atlanta community and beyond.
Key Points:
- ATLANTA, Feb. 20, 2024 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE), the largest center in the world dedicated to growing, scaling, and developing Black Entrepreneurs, proudly announces a $1 million grant by Comcast NBCUniversal to help advance RICE initiatives aimed at uplifting entrepreneurs in the Atlanta community and beyond.
- Meanwhile, 46% of RICE entrepreneurs thrive beyond the startup stage, more than ten times the national average, and have driven $450 million in economic activity in Fulton County, Georgia.
- "This grant will further our programming and reimagine the support we offer Black entrepreneurs by ensuring that they have the tools and opportunities to thrive as business owners."
- Specifically, the $1 million Comcast NBCUniversal grant will support:
Digital RICE: A unique AI-powered platform that serves as a resource hub tailored exclusively for Black entrepreneurs to help them navigate business opportunities and challenges.
Retrieved on:
Tuesday, November 21, 2023
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Drug ATLANTA, Nov. 21, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced that they will receive a $1.5 million philanthropic investment from Wells Fargo & Company (NYSE: WFC). The momentous investment aims to scale Wells Fargo's continuous support of the phenomenal work at RICE through initiatives aimed to develop small businesses, facilitate access to capital, curate dedicated learning spaces, and expand RICE's reach and impact throughout Atlanta and beyond.
Key Points:
- ATLANTA, Nov. 21, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced that they will receive a $1.5 million philanthropic investment from Wells Fargo & Company (NYSE: WFC).
- To kick off the grant announcement, RICE and Wells Fargo hosted a pop-up holiday market at the Russell Center featuring a variety of products from RICE entrepreneurs in celebration of small businesses doing wonders for their community.
- Access to Capital: The Wells Fargo investment will help to fund 50 small business micro grants for RICE stakeholders.
- Placemaking: Wells Fargo will unveil the "Wells Fargo Learning Lab", which will bear the bank's name in perpetuity.
Retrieved on:
Tuesday, November 14, 2023
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RICE,
Renewable energy,
Management,
Fungiculture ATLANTA, Nov. 14, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) announced a $100,000 grant from Bank of America (BofA) that will support RICE programming designed to support Black entrepreneurs. This grant underscores BofA's steadfast commitment to fostering entrepreneurial excellence and promoting economic equity. It represents BofA's continuous support of RICE and its mission with a cumulative investment of $400,000 since 2020.
Key Points:
- ATLANTA, Nov. 14, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) announced a $100,000 grant from Bank of America (BofA) that will support RICE programming designed to support Black entrepreneurs.
- It represents BofA's continuous support of RICE and its mission with a cumulative investment of $400,000 since 2020.
- Big IDEAS is RICE's signature learning platform, serving entrepreneurs from start up through scale up.
- "Since2020 our partnership with RICE helps empower Atlanta's dynamic business community," said Alfred McRae, president, Bank of America Atlanta.
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Russell Center Historic District,
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Black ATLANTA, Oct. 2, 2023 /PRNewswire/ -- The Russell Innovation Center of Entrepreneurs (RICE) today announced that they will receive an $800K grant from Walmart through Walmart.org Center for Racial Equity As part of Walmart's and the Walmart Foundation's commitment to contribute $100 million over five years to help address racial disparities in the U.S., the grant aims to support the recent launch of RICE's new and innovative PayPal Retail Academy that educates entrepreneurs on every aspect of successfully starting and scaling a retail business.
Key Points:
- "We are thrilled to award the Russell Center for Entrepreneurs with this grant," states Monique Carswell, director, Walmart.org Center for Racial Equity.
- In celebration of the collaboration, Walmart will present the grant to RICE on Monday, October 2, at the Russell Center headquarters located at 504 Fair St SW, Atlanta, GA 30313.
- Jay Bailey, CEO of the Russell Innovation Center for Entrepreneurs, adds, "Being awarded this grant not only marks a significant step forward in our mission to Build.
- For more information about the Russell Innovation Center for Entrepreneurs, visit www.RussellCenter.org .
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Entrepreneurship ATLANTA, Aug. 29, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced a $1 million grant from PayPal Holdings, Inc. to launch a PayPal Retail Academy, which will provide a robust curriculum of innovative coaching, specialized tools, and valuable resources to help entrepreneurs based in Atlanta grow their businesses.
Key Points:
- ATLANTA, Aug. 29, 2023 /PRNewswire/ -- The Russell Innovation Center for Entrepreneurs (RICE) today announced a $1 million grant from PayPal Holdings, Inc. to launch a PayPal Retail Academy, which will provide a robust curriculum of innovative coaching, specialized tools, and valuable resources to help entrepreneurs based in Atlanta grow their businesses.
- As an extension of PayPal and RICE's shared missions to empower underrepresented entrepreneurs, the PayPal Retail Academy will educate participants on every aspect of successfully starting and scaling a retail business.
- The PayPal Retail Academy will serve as a conduit for this knowledge, empowering RICE Stakeholders to navigate the complexities of retail with resilience and innovation.
- These entrepreneurs will be eligible to receive grants ranging from $2,500 to $10,000 alongside mentoring and coaching from PayPal employees.
Retrieved on:
Monday, November 28, 2022
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The Walt Disney Company LAKE BUENA VISTA, Fla., Nov. 28, 2022 /PRNewswire/ -- 10-year-old Zoe Oli of Atlanta arrived at Walt Disney World for the first time a few days ago, not on vacation but as CEO of her start-up business, Beautiful Curly Me, aimed at creating dolls who look like her.
Key Points:
- Oli and 58 other Black entrepreneurs got a two-day peek behind the Disney curtain as part of their journey with the Russell Innovation Center for Entrepreneurs' (RICE) Supply Chain Accelerator Program sponsored by Disney Parks, Experiences and Products.
- RICE, a non-profit organization based in Atlanta, is a business generator designed to inspire and support Black entrepreneurs.
- The Supply Chain Accelerator Program delivers an immersive learning experience aimed at preparing and positioning diverse entrepreneurs and small businesses for long-term success.
- About her experience at Walt Disney World, Oli stated, "Walt's vision has shown me the power of teamwork and one dream," shared Oli.
Retrieved on:
Thursday, February 25, 2021
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Chase Bank,
Rice University Chase and the Russell Innovation Center for Entrepreneurs (RICE), the largest nonprofit center for Black entrepreneurs and small business owners in the nation, today announced the debut of the Chase Lounge at the Russell Center.
Key Points:
- Chase and the Russell Innovation Center for Entrepreneurs (RICE), the largest nonprofit center for Black entrepreneurs and small business owners in the nation, today announced the debut of the Chase Lounge at the Russell Center.
- The Chase Lounge further enhances the innovative, multi-use space RICE provides entrepreneurs and small business owners to gather, learn and advance their financial futures.
- Readily available access to financial consulting and small business education is a core part of building a small business and creating the path to success.
- The Hawks Foundation is proud to join the Russell Center and Chase in this effort to bring more resources to entrepreneurs in Greater Atlanta.