JPMorgan Chase Awards $25,000 Grant to Black Chamber of Arizona to Boost Entrepreneurial Growth and Economic Empowerment

PHOENIX, Ariz., Oct. 4, 2024 (SEND2PRESS NEWSWIRE) — The Black Chamber of Arizona (BCAZ) is excited to announce that it has received a $25,000 seed funding grant from JPMorganChase. This generous contribution will fuel the Chamber’s mission to strengthen Black businesses and produce new economic buying power throughout Arizona. The funds will support key programs aimed at empowering Black entrepreneurs, providing pathways to financial growth, and fostering greater economic inclusion.

For over 26 years, the Black Chamber of Arizona has been dedicated to closing the racial wealth gap by providing essential education, advocacy, and resources to Black entrepreneurs. Our efforts have centered on four strategic pillars: access to capital, access to contracting opportunities, digital and health equity, and youth development. Through these pillars, BCAZ has delivered over 15,000 hours of training, supported more than 1,200 business owners, and facilitated access to over $5 million in funding to help businesses launch and expand. These initiatives have also resulted in the creation of hundreds of jobs statewide. With the launch of the Rising Together Campaign, BCAZ aims to raise $1.5 million by March 15, 2025, to further drive financial growth and sustainable economic development for Black-owned businesses in Arizona.

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