In the News
Community Foundation of Northeast Iowa Celebration of Community
Over 250 people attended the Community Foundation of Northeast Iowa’s annual Celebration of Community event on Friday, November 5, at the Diamond Event Center in Cedar Falls. The Foundation celebrated its 65-year anniversary and awarded new grants totaling $215,000.
“The Community Foundation of Northeast Iowa is incredibly grateful for the generosity and vision of our partners who have made it possible for us to celebrate this milestone,” said Kaye Englin, CFNEIA president and CEO. “We celebrate because we get to be part of an amazing community where people come together to ensure everyone has an equitable opportunity to flourish.”
24/7 BLAC is honored to be among one of the organizations selected to receive a $50,000 grant.
The Heartland Challenge RFP
The 24/7 Black Leadership Advancement Consortium’s (24/7 BLAC) Business & Entrepreneurship Accelerator recently receives Ewing Marion Kauffman Foundation Heartland Challenge Grant as of July 2021. The three-year grant will address the unique networking, education and capital challenges faced by Black founders through access, resources, and strategies to promote business resiliency and sustainability. The grant is $360,000 over a three year period.
Cedar Valley Hy-Vee locations offer Black-Owned Business products
WATERLOO, Iowa (KWWL) - Friday was a proud day for some Black-Owned Businesses after seeing their products on the shelves of Hy-Vee for the first time.
Hy-Vee District Manager Vice-President Dale Mitchell, says this is just the beginning.
"We really felt that the Waterloo market is an area where we can really make a difference. The help and support from these four ladies show that we are doing great things and there's more things to come," Mitchell said.
U.S. Bank Foundation invests $1 million to support emerging leaders and community-led solutions to address economic disparities
U.S. Bank Foundation announced a $1 million investment to 20 nonprofit organizations driven by a diverse group of exceptional emerging leaders who are focused on creating effective community-led solutions to the increasing economic disparities.
Organizations are in both rural and metro communities and are focused on support for entrepreneurs and small business owners, workforce development programs and financial inclusion efforts for individuals and families as solutions to wealth building.
“We are dedicated to empowering our communities by listening to those with lived experience and supporting their ideas on how to address racial and economic inequities and creating lasting change,” said Reba Dominski, executive vice president, head of social responsibility at U.S. Bank. “In addition to the funding, we are exploring ways to support these leaders and organizations by creating points of connection and access as well as opportunities to build their networks. We look forward to learning from these leaders as we continue to work to break down traditional power dynamics in philanthropy.”
Empowering Black businesses
Rosie Daniels' dream of owning a business started in her basement in the summer of 2019.
Now, less than two years later, the natural hair- and skin-care products from her business, LuLit’s Hair Essence, are on the shelves of Hy-Vee, and she credits a community business accelerator that had assistance from the University of Northern Iowa with helping her get there.
The Cedar Valley Black Business Entrepreneurship and Accelerator program was conceived by the 24/7 Black Leadership Advancement Consortium, a local non-profit dedicated to supporting Black professionals, as a way to support and develop the growth of local Black-owned businesses, particularly during the pandemic, which forced a disproportionate number of Black business owners to shut their doors.
Big Ten Commissioner, Kevin Warren Speaks during inaugural Virtual Conference
On June 24, 2020 the 24/7 Black Leadership Advancement Consortium (24/7 BLAC) is excited to host the inaugural Virtual Executive Leadership Forum for Black Professionals featuring Kevin Warren, the 6th Commissioner of the Big Ten Conference and first Black Commissioner in its history.