TD Bank Unveils Unity fund worth $100M to support minority-owned businesses.
TD Bank recently announced they will be establishing a new $100 million equity fund that will provide financial support to minority-owned businesses. The initiative is intended to address racial inequalities and also support communities of color.
The fund will allow Specialized Small Business Investment Companies or SSBIC’s to offer loans and other assistance to ensure these businesses have the necessary resources needed to effectively scale their businesses.
According to the Director of Community Lending and Development at TD, Bank Michael Innis-Thompson, the goal of the firm’s investments in SSBICs and CDFIs is to increase accessibility to capital funding for minority-owned businesses. Thompson goes on to say that TD bank has always supported small business owners, and that is what sets TD apart as a purpose-driven bank.
Thompson also mentions that TD Bank is also working to be the bank of choice for Latin and Black borrowers.
Many businesses have suffered from loss of customers and forced shutdowns due to the pandemic. TD hopes their fund will work to rectify these circumstances and keepâŻ
minority-owned businesses open for good.
A press statement from TD Bank President and CEO Greg Braca disclosed that the fund will provide capital to minority-owned businesses and stimulate the economy while strengthening communities and breaking the disinvestment cycle that hinders businesses and communities of color from thriving.
The fund will allocate $75 million to fund an SSBIC initiative. The $25 million left over will be used to fund small minority-owned businesses.
TB bank has also been directing efforts toward markets with large Black and Hispanic communities such as Washington, Philadelphia, and Miami.
The Breakfast Club features celebrity interviews, Charlamagne tha Godâs Donkey of the Day, Angela Yeeâs Rumor Reports, DJ Envyâs mixes and so much more! Every guest visiting the worldâs most dangerous morning show is grilled with their signature blend of honesty and humor. The results are the best interviews to be found on radio.
The Breakfast Club features celebrity interviews, Charlamagne tha Godâs Donkey of the Day, Angela Yeeâs Rumor Reports, DJ Envyâs mixes and so much more! Every guest visiting the worldâs most dangerous morning show is grilled with their signature blend of honesty and humor. The results are the best interviews to be found on radio.
You asked for it and we delivered…A special edition of I Am Athlete to talk about the recent fight night featuring Chad on the undercard of Floyd Mayweather vs Logan Paul.
Taking a moment from our off season break, Brandon, Fred and Channing join Chad for a fun night of conversation and cracking jokes! Starting with Channing, who shows up wearing pajamas saying Chad almost went to sleep on the knock down and asks what was going through his mind as he was headed to ground.
Despite making some jokes, all three guys were impressed with Chadâs performance in the ring and how he handled the pressure. Chad letâs the guys in on a little secret about his training which leads to the ongoing debate of who really won the fight: Ocho or Science?
Fred dives into the Mayweather vs Paul fight, explaining Floyd has earned the right to entertain and profit off exhibition fights while Channing said watching those two go at it is not whatâs best for the sport of boxing.
Brandon expresses how proud he was of Chad to represent House of Athlete and appreciates the fansâ enthusiasm with the Ocho vs Science debate.
Stay tuned for updates on Season 3 premiere and visit www.houseofathlete.com for all I Am Athlete and Ocho vs Science apparel.
Soccer Stars Toni Pressley and Ali Riley are back with a new episode of their cooking series- Girls Gone Veg and recruit some help from a fellow Orlando athlete.
Golf’s Long Drive Champion, Maurice Allen, takes a swing at making Heart Of Palms, a vegan version of crab cakes with Toni and Ali. Slicing and dicing, the recipe comes together rather quickly while the trio’s comedic personalities blend together for a fun and entertaining episode. While the ladies teach him a thing or two in the kitchen, Maurice trades recipes giving them the secret ingredients behind his golf swing. Breaking down the art of a strong swing- Ali picks up some pointers for the course while Toni volunteers to drive the cart and carry the clubs!
An Orlando native, Maurice is a fan of the ladies’ soccer team as well as a dynamic athlete himself dabbling with a lot of different sports over the years. From Track and Field to Bobsledding to hitting golf balls over Niagara Falls- his sense of adventure has taken him all over the world for sports but he used the the pandemic to take advantage of the time home learning how to cook more on his own. A philanthropist and activist, Maurice shares some of the strides he has made for minorities in the sport and helping young people be able to chase their dreams.
Girls Gone Veg is a limited eight part series releasing a new episode every Friday at Noon eastern on the I Am Athlete Channel.
