PROVIDENCE, R.I.–(BUSINESS WIRE)–Sep 30, 2020–
Citizens Bank today announced that it has awarded 100 grants of $15,000 each totaling $1.5 million to minority-owned small businesses across its service areas as part of its previously announced $10 million investment to help drive social equity and economic advancement in underserved communities across its footprint.
Through a short essay, applicants shared insight on how they would use the grant to both strengthen and sustain their business and help their community.
The program also includes an opportunity to partner with SCORE, the nation’s largest network of volunteer, expert business mentors. For recipients who opt in, SCORE will match the business with a mentor to help build and sustain success.
“Citizens is highly committed to helping promote social equity and drive economic advancement in underserved communities and this is one of several ways we are bringing that commitment to life,” said Jack Murphy, president