Grant program boosts Black businesses in Kansas City

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Grant program boosts Black businesses in Kansas City

//business-finance.news-articles.net/content/202 .. gram-boosts-black-businesses-in-kansas-city.html

Published in Business and Finance on Thursday, June 19th 2025 at 21:00 GMT by WDAF

"Kansas City G.I.F.T." is a local nonprofit organization dedicated to promoting economic freedom for Black business owners.

The article from Yahoo News discusses a grant program initiated by the Atlanta-based Russell Innovation Center for Entrepreneurs (RICE) aimed at supporting Black-owned businesses. The program, which has distributed $2.5 million in grants, focuses on helping these businesses overcome financial barriers and grow. It has already assisted 120 businesses, with plans to support 40 more. The initiative is part of a broader effort to address economic disparities and promote equity, with recipients like barber shop owner Derrick Hayes and nail salon owner LaToya Stirrup sharing how the grants have been crucial for their business operations and expansion. The program not only provides financial support but also aims to foster a supportive ecosystem for Black entrepreneurs.

Read the Full WDAF Article at:
[ https://www.yahoo.com/news/grant-program-boosts-black-businesses-162058986.html ]

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