American Express Awards 25 Black-Owned Small Businesses With $25K In Funding

The well-known credit card provider and financial services company, American Express, has been helping Black businesses recover from COVID-19’s negative impact.

Twenty-five Black-owned small businesses from American Express’ the Coalition to Back Black Businesses grant program will receive $25,000 more to move forward in business through the pandemic. An invitation to be considered for additional funds was extended to them, according to a press release.

Grant recipients included Black women-owned small businesses and businesses with six or fewer employees.

Deandre Wade, who owns Tennessee-based Fresh Sportswear, explained how her business which designs and makes custom sports team uniforms for sports teams benefited from American Express’ additional investment in her Black business.

“My business and life have done a full 180 since receiving support from the Coalition to Back Black Businesses program,” said Wade.

Fresh Sportswear is a…

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