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In a transformative move to bolster economic opportunities for Black entrepreneurs, the Russell Innovation Center for Entrepreneurs (RICE) proudly announces an $800,000 grant from Walmart, facilitated by the Walmart Center for Racial Equity. This collaboration between RICE and Walmart aims to advance economic mobility for Black entrepreneurs in Atlanta and throughout the nation.

Monique Carswell, director of Walmart.org Center for Racial Equity, expressed her enthusiasm about this partnership via email, highlighting RICE’s consistent dedication to nurturing Black businesses.

“Through the Walmart.org Center for Racial Equity, Walmart and the Walmart Foundation support initiatives that aim to address equity—including the wealth gap. The $800,000 grant from Walmart will help the Russell Innovation Center for Entrepreneurs invest in businesses that have been under-resourced and underfunded, which, in turn, can lift up the historically disadvantaged communities they serve. This work aims to create a more equitable entrepreneurial ecosystem not only in Atlanta but across the nation.”

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