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In its first year alone, Comcast RISE has provided over $60 million in grants, marketing and technology  services to support more than 6,700 small businesses owned by people of color in Comcast’s national  footprint – including nearly 550 in the company’s Greater Chicago Region 

With the expansion to all women-owned small businesses, the program is on track to support 13,000  businesses by the end of 2022 

CHICAGO (January 19, 2022) – Comcast announced today that its Comcast RISE program is open to all  women-owned businesses in its Greater Chicago Region, which includes Illinois, Northern Indiana and  Southwest Michigan. The expansion of Comcast RISE to women-owned businesses furthers the  company’s efforts to advance digital equity and help provide underrepresented small business owners  with access to the digital tools and funding they need to thrive.  

In its first year alone, Comcast RISE has provided more than $60 million in grants, marketing and  technology services to more than 6,700 small businesses owned by people of color – including Black,  Indigenous, Hispanic and Asian Americans – in Comcast’s national footprint, including nearly 550 in the  company’s Greater Chicago Region. Of the 6,700 Comcast RISE recipients to date, nearly 70% have been  businesses owned by women of color, spurring Comcast to take a deeper look into the unique  challenges faced by women entrepreneurs. 

According to a study by the National Association of Women Business Owners, 42% of businesses in the  U.S. are owned by women – and that women start more than 1,800 new businesses each day. That’s  nearly five times the national average. However, according to the same study, women-owned  businesses tend to grow at only half the rate of those run by men, namely because women struggle to  access capital and other resources to help them succeed. 

Karen Cahn, Founder & CEO of IFundWomen, echoed this important point, “The data about how  women, a rapidly increasing number of whom are small business owners, have fared during the  pandemic is stark. Women business owners tend to have limited access to capital and debt-free funding  options, yet they represent a tremendous opportunity. Women-owned businesses deliver two times  higher revenue per dollar invested than those founded by men, making them great investments.” 

“As we continue to rebuild and emerge from the effects of the pandemic, small businesses will continue  to be the backbone of our economy – and we must take every opportunity to help them thrive,” said  Teresa Ward-Maupin, Senior Vice President, Digital and Customer Experience, Comcast Business. “Looking forward, this expansion will enable Comcast RISE to further empower and strengthen even  more small businesses that are the heart of our local communities across the country.”

Comcast RISE, which stands for Representation, Investment, Strength and Empowerment, is part of  Project UP, Comcast’s comprehensive initiative to advance digital equity and help provide  underrepresented small business owners with access to the digital tools and funding they need to  thrive. Over the next 10 years, Comcast has committed $1 billion to programs, like Comcast RISE, and  partnerships that will reach an estimated 50 million people with the skills, opportunities and resources  they need to succeed in an increasingly digital world 

Comcast RISE, which recently celebrated its one-year anniversary, is open to racially and ethnically  diverse small business owners and all women-owned businesses. More information and the application  to apply for marketing and technology services are available at

About Comcast Corporation 

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people  to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57  million customer relationships across the United States and Europe. We deliver broadband, wireless,  and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading  entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio  Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock,  NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences  at Universal Parks and Resorts in the United States and Asia. Visit for  more information.  

About Comcast Business 

Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless,  and Managed Solutions to help organizations of different sizes prepare for what’s next. Powered by the  nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business  is the nation’s largest cable provider to small and mid-size businesses and one of the leading service  providers to the Enterprise market. Comcast Business has been consistently recognized by industry  analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet  services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other  social media networks at

About Effectv  

Effectv, the advertising sales division of Comcast Cable, helps local, regional, and national advertisers  use the best of digital with the power of TV to grow their business. It provides multi-screen marketing  solutions to make advertising campaigns more effective and easier to execute. Headquartered in New  York with offices throughout the country, Effectv has a presence in 66 markets with nearly 35 million  owned and represented subscribers. For more information, visit

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