The Russell Innovation Center for Entrepreneurs (RICE) announced a $100,000 grant from Bank of America (BofA) that will support RICE programming designed to support Black entrepreneurs. This grant underscores BofA’s steadfast commitment to fostering entrepreneurial excellence and promoting economic equity. It represents BofA’s continuous support of RICE and its mission with a cumulative investment of $400,000 since 2020.
Big IDEAS is RICE’s signature learning platform, serving entrepreneurs from start up through scale up. The learning platform guides each entrepreneur as they develop their action plan for creating a sustainable business—step by step, from ideation, through execution, to scale. Entrepreneurs enter at the stage appropriate for them and progress at their own pace. Along the way, they are supported by a team of subject matter experts and a faculty focused on making mastery and excellence the default. In addition to group learning sessions, the learning platform features unique hands-on experiences and holistic, community-driven development.
“In a short window of time of being a Stakeholder at RICE, I have accomplished my 2–3-year goals in just a few months,” said Natasha Simmons, RICE Stakeholder and CEO of Yacht Club Access, LLC. “The Big IDEAS curriculum and coaching have drastically transformed my business.”
RICE entrepreneurs emerge from the RICE experience with the knowledge, skills, and acumen to successfully grow and scale their business.
The $100,000 commitment is a testament to Bank of America’s continual investment in nonprofit leadership and advancing economic mobility. RICE was also selected as a 2020 Bank of America Neighborhood Builder awardee. This award provided funding, along with skills development and topics to help RICE leaders address their community challenges.
“Since2020 our partnership with RICE helps empower Atlanta’s dynamic business community,” said Alfred McRae, president, Bank of…
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