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Inside the plan to get Netflix’s $100M fund to Black-owned businesses

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Share Hope Credit Union and Local Initiative Support Corporation (LISC), two financial institutions that received part of Netflix’s $100 million commitment to support Black communities, are injecting the capital into Black-owned businesses and affordable housing. Hope’s portion of the Netflix commitment is “designed to import wealth into communities from where it has been extracted,” said …Read More

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Source: https://bankinnovation.net/allposts/biz-lines/retail/inside-the-plan-to-get-netflixs-100m-fund-to-black-owned-businesses/

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