Business
Parent Action Coalition for Education (PACE) GLORY AWARDS Shines a National Spotlight On Local Heroes Who are Helping to Eliminate Blight in South Memphis with Local Heroes
By Gloria Zuurveen Editor-in-chief Memphis, TN—Parent Action Coalition for Education (PACE), a 501 c(3) nonprofit organization based in Los Angeles, California, goes national with its GLORY AWARDS this year. Instead of its annual gala of only featuring “Light Leaders” from Los Angeles, PACE traveled to one of the most blighted areas in South Memphis to…
Read MoreFrankie Ross of 94.7 The WAVE Inspires Class of 2021 at Miracle’s Entrepreneur Program Class of OF 2021 WITH KEYNOTE SPEAKER
Miracle’s Entrepreneur Program Continues to Benefit Black and Brown Business Growth in their Communities – Class of 2021 Set To Roll Out 12 New Enterprises (SOUTH LOS ANGELES) – As Los Angeles County cautiously resumes its post-pandemic reopening, a group of newly certified minority entrepreneurs will be trying to carve a niche in the recovering…
Read MoreThe Long Beach Center for Economic Inclusion Announces New President/CEO
Long Beach, CA – The Long Beach Center for Economic Inclusion (LBCEI) announces the successful culmination of their search process with the hiring of a new President/CEO: Byron K. Reed, former SVP and Head of Community & Local Government Relations for CIT/One West Bank. Starting in July 2021, Mr. Reed will utilize his vast community and economic…
Read MoreCalifornia Reparations Committee Confronts Harms of Slavery, Debates Direct Payments
By Jackie Botts From Calmatters.org For more than three decades, Black members of Congress have introduced legislation to study the lasting harms of slavery on African Americans, and propose remedies. Year after year, the federal proposal languished. Now, California is going it alone. Subscribe to read the full story…
Read MoreCalifornia scores staggering $75B budget surplus
By Reid Wilson From thehill.com California’s budget is in the black — by a staggering amount. A state that expected perhaps the most severe budget crunch in American history instead has a more than $75 billion budget surplus, Gov. Gavin Newsom (D) said Monday, after a booming stock market and better-than-anticipated tax revenues over the pandemic-plagued year.…
Read MoreLendistry Tapped by the Small Business Administration (SBA) as Sole Community Partner To Help Administer $28.6 Billion in Restaurant Revitalization Fund (RFF)
LOS ANGELES /PRNewswire/ — As the largest minority-led deployer of capital in COVID relief funding, Lendistry has been tapped by the Small Business Administration (SBA) as the sole community partner to help administer $28.6 billion in Restaurant Revitalization Fund (RFF) financing established by the American Rescue Plan Act. Lendistry, a Black-led and operated lender, based in California, has created an…
Read MoreTruist’s $20 million Operation HOPE Investment Expands Financial Inclusion To More Communities
Partnership transforms access to financial resources, creating better lives and communities. ATLANTA, /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) and Operation HOPE today announced an expanded, multiyear transformational partnership, including a series of collaborative programs such as HOPE Inside coaching, digital access that connects to education and Truist solutions, and HOPE‘s 1 Million Black Business Initiative (1MBB), as part of the…
Read MoreQueen Aminah Muhammad, President, Leimert Park Village Merchants Association, Speaks
By Charlene Muhammad PACE NEWS Contributor Aminah Muhammad, affectionately known as “Queen Aminah” by her community and her customers, is no stranger to business. She has been an entrepreneur for over two decades. In a recent interview with PACE NEWS, she reflected on the Leimert Park Village Merchants Association, what it means to have been elected president in September 2020,…
Read MoreNoted Builder and Entrepreneur Charles Quarles Lends Name To Watts Area Business Incubator
(SOUTH LOS ANGELES-CA) Charles Quarles, President of The Bedford Group of Companies, a leading Los Angeles real estate development firm, has lent his family name to the Quarles Business Opportunity Center (QBOC), a business incubator focused on assisting minority entrepreneurs in the communities of Watts, Willowbrook, Compton, Carson, and South Los Angeles. An Entrepreneur Educational…
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