The ODP Corporation’s non-profit initiative Elevate Together has announced it awarded $1.14 million in cash grants to 189 Black- and Hispanic-owned small businesses in 2022.
The grants – ranging from $5-$10,000 – supported businesses in 11 US markets (up from five in 2021). The project is funded by investments from key partners and ODP’s own annual corporate gift. Chase For Business and the Taylor Corporation also made contributions last year.
In addition, 2022 saw the first Elevate Together Day, a free virtual summit event in October. This featured a keynote address by Latina CEO and entrepreneur Beatriz Acevedo, interactive speed networking with national business professionals, and the Elevate Together $25K Challenge, a $25,000 fundraising effort to support Black- and Hispanic-owned small businesses.
Boca Raton (FL), USA