This Black History Month, we are honoring the legacy of commerce and culture that Milwaukee’s historic African American neighborhood bequeathed to its future residents. A new generation of community leaders and entrepreneurs are channeling that drive and creativity and forging a vibrant Bronzeville for the 21st century.
A new $3 million grant from Ally Financial will help fuel homeownership and small businesses in four cities, advancing LISC’s work to support a broadly shared prosperity. “There is incredible talent in our communities,” said LISC CEO Maurice A. Jones, commenting on the importance of the Ally partnership. “The job to be done is to match that talent with incredible opportunity.”
This Giving Tuesday, we are reflecting on what we've accomplished in 2019 thanks to the support of our donors and partners. To that end, we're highlighting three key areas of our work: supporting entreprenuers, closing the skills gap and investing in safety and justice programs—all of which were made possible by our supporters' investments.
Forget Thanksgiving and Black Friday (jk!): one of our favorite days of the year is Small Business Saturday, a time to shop local and take stock of the imperative role that entrepreneurs play in energizing community economies and cultures, creating jobs and fueling the country's economic engine as a whole. Read on to learn about how we've supported small businesses this year, and to check out some of our favorite small biz stories.
Did you hear what’s brewing in Chicago? Starbucks Coffee Company announced a $10 million investment to drive economic opportunity in the city’s underserved communities. The funds, which are slated to help finance more than 500 loans to support small businesses and create jobs, will be disbursed among four community lenders with expertise in those neighborhoods, and LISC Chicago is one. The investment “will deliver clear benefits to residents, while making our neighborhoods safer and stronger,” said LISC Chicago ED Meghan Harte.