Blank Family Foundation Donates $2M to Russell Innovation Center to Boost Black Business Growth

Let’s talk about something monumental happening over in Atlanta, GA, specifically around expanding opportunities for Black entrepreneurs. The Russell Innovation Center for Entrepreneurs, or RICE as we affectionately know it, has received a generous donation that’s sure to make waves in the community.

None other than The Arthur M. Blank Family Foundation stepped up to the plate, forking over a cool $2 million. Yes, you read that right. This whopping donation means that RICE can dive head-first into their 2.0 journey, setting up a dynamic hub for innovation and collaboration that’s all set to supercharge economic empowerment.

What’s on tap, you ask? Well, the funds will primarily catalyze essential resources for the Black business founders. We’re talking small business grants, a boost in programming, and better mentorship opportunities.

Fay Twersky, the president of the Blank Foundation, voiced the foundation’s commitment to giving back to Atlanta, a city that’s given so much to their chairman. It’s really a testament to nurturing the entrepreneurial spirit and driving economic mobility.

Investing in entrepreneurs at all stages fosters an environment where individual victories don’t just lift that person higher—they strengthen the entire community, building a thriving collective. Now, that’s something to get inspired by.