HOUSTON – Houston Fund for Social Justice and Economic Equity Honorary Board Chair Mayor Sylvester Turner, along with Wells Fargo and Black Houston business and civic leaders, announced the launch of the Open for Business Grant portal to distribute $20 million to Houston-area diverse, small businesses and non-profit organizations.
According to a release, the grant will be distributed over a three-year period to be used towards the purchase of property, equipment, and other tangible assets, supporting economic development in underserved communities.
The Houston Fund for Social Justice and Economic Equity plans to reach at least 500 small businesses and non-profits.
For more information and how to apply, click here.
The Houston Fund for Social Justice & Economic Equity enacts transformational change by investing resources into organizations & initiatives that empower communities of color. The portal to apply is launching on 08/09/22 @ 9am.— Houston Mayor's Office (@houmayor) July 26, 2022
More details herehttps://t.co/ZcDPitB5CC pic.twitter.com/xOyn7xyRev
Watch the full announcement below: