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A trailblazing investment of $2.5 million from Verizon is making it possible for LISC to begin offering critical relief and resiliency-building support to small businesses facing immediate financial threat because of the COVID-19 pandemic. The funding will go to make grants of up to $10,000, especially to entrepreneurs of color, women-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital. Verizon will highlight and bolster these efforts through their inaugural "Pay It Forward Live" online concert series.
Along with much of the world, we are closely monitoring the rapidly unfolding news of the COVID-19 pandemic. As ever, we are committed to meeting the needs of our partners and the communities we serve, and to supporting the wellbeing of our employees and the people and places where we live and work. Here are some of the things we are doing to respond to this unprecedented situation.
This month, Maurice, LISC's CEO sits down with Tope Folarin, LISC’s vice president of storytelling and content and the author of A Particular Kind of Black Man. Listen in to hear how Folarin’s youth and education inspired a career dedicated to storytelling, why sharing stories is so critical to the work of LISC, and how it all connects to his debut novel.