MMC-TADP receives $100,000 grant from Truist for COVID-19 relief efforts
MMC-TADP, the sister organization and training arm of The MMBC Continuum, has received a $100,000 grant from Truist Financial Corporation to support minority and women-owned businesses (M/WBEs) through a COVID-19 Relief Fund as a part of The MMBC Continuum’s Relief, Recovery and Stabilization Initiative.
The fund is designed to provide financial relief in the form of grants to M/WBEs negatively impacted by the COVID-19 Pandemic.
The grant is part of the Truist Cares Initiative — a $25 million philanthropic pledge (announced in March) to support basic needs, medical supplies and financial hardship relief due to COVID-19.
The MMBC Continuum works through to provide resources, technical assistance, training and development to scalable minority and women-owned firms in Memphis and the Mid-South.
“Many of these businesses have been adversely affected by the COVID-19 crisis. We are proud to partner with Truist to support their Truist Cares Initiative and provide relief to many M/WBEs that might other-wise be overlooked,” said Jozelle Luster Booker, President and CEO of The MMBC Continuum.
Johnny Moore, Mid-West Tennessee regional president for Truist, said, “Our purpose at Truist is to inspire and build better lives and communities, which includes minority and women-owned businesses, who are a vital part of the Memphis economy.”
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OF NOTE: $1 million grant to Memphis Housing Authority
Congressman Steve Cohen (TN-09) on Friday announced that the Memphis Housing Authority will receive a coronavirus-related grant of $1,097,308 from the U.S. Department of Housing and Urban Development.
Congressman Cohen made the following statement:
“Residents of public housing and those receiving housing assistance are hurting as the pandemic continues to ravage our economy. This funding is both timely and necessary.”
Health Department COVID-19 Daily Update: May 2, 2020
Shelby County currently has 2654 confirmed COVID-19 cases. The total number of deaths in Shelby County attributed to COVID-19 was 53.
Shelby County COVID-29 Cases by Race and Ethnicity
Shelby County Health Department has added a data page to its COVID-19 webpage: www.shelbytnhealth.com/coronavirus.
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