FOR COVID-19 SMALL BUSINESS NEEDS
The Los Angeles Urban League (LAUL) announced that its long-term donor, Bank of America, has awarded the LAUL a $20,000 grant to support its efforts to provide critical services to minority and women owned small businesses and entrepreneurs in underserved communities in Los Angeles.
“This grant will help us respond to the urgent needs of small business owners and entrepreneurs in our community caused by the COVID-19 pandemic. This grant is also an affirmation of Bank of America’s longstanding willingness to invest in and partner with the Los Angeles Urban League in support of our underserved communities through its day-to-day presence in the community as well as its philanthropic support. Partners such as Raul Anaya, Bank of America Market President, are essential partners without whom we could not provide the services that the underserved communities in Los Angeles so desperately need,” said Michael Lawson, President and CEO of the Los Angeles Urban League.
Specifically, this Bank of America grant will be used to support the Los Angeles Urban League’s Urban Center for Entrepreneurship, which is an 18-month long incubator program run by the Los Angeles Urban League in partnership with OmniWorks that exposes minority and women-owned companies to best-in-class business intelligence, one-on-one strategies for success, and connects them with advisors and mentors, which accelerates the trainees’ opportunities for success.
“Together with tremendous nonprofits like the Los Angeles Urban League, the private sector is working to help address the new demand and challenges created by this unprecedented health and humanitarian crisis,” said Raul A. Anaya, Bank of America market president for Greater Los Angeles.
The Los Angeles Urban League, a 99 years old non-profit organization, has been a formidable advocate for the underserved communities in Los Angeles. These and other programs, such as the Construction Career Academy, Backstage Careers and the LAUL Entrepreneur Centers, have helped and supported individuals, within the underserved communities, improve their quality of life by acquiring new marketable skills and starting new careers. By publicizing this grant, the Los Angeles Urban League is building awareness and credibility for the work it does while recognizing the donor, Bank of America, who made this funding possible.