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American Express Commits $2.5M to Invest in Black Women-Owned Businesses

Black women recipients of American Express grant program

American Express has launched a program called “100 for 100” to benefit African American women business owners. The program will provide 100 women of color with grants of $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton hotel reservation credits, and more.

American Express created this program in partnership with IFundWomen of Color, the leading platform for women of color to raise capital, to support Black women entrepreneurs as they work to jump-start and grow their business ventures. The initiative is part of the company's recently announced $1 billion action plan to enhance diverse representation and promote equal opportunities for its colleagues, customers, and communities.

To learn more about the "100 for 100" program, visit AmericanExpress.com/100for100