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Bank of America
The 22 Fund Closes Multi-Million Dollar Investments to Support Diverse Entrepreneurs
February 3, 2022
Bank of America and Roy and Patricia Disney Family Foundation provided a multi-million dollar investments in The 22 Fund, which provides capital into promising technology-based, export-oriented manufacturing firms led by women and Black, Indigenous and People of Color (BIPOC) entrepreneurs that are often left out of tech capital opportunities. ... read more »
L.A. Rams and Bank of America Team Up to Provide Paid Internship for Crenshaw Young Adult
January 20, 2022
Short Film about Joseph Merchain’s experience “The Unstoppable Intern” was created by Rams Studios in Collaboration with Bank of America, Brotherhood Crusade and Hire LA’s Youth ... read more »
Bank of America Awards $11 Million to Los Angeles Nonprofits in 2021
January 20, 2022
As part of its commitment to strengthening communities by addressing critical needs that help advance racial equality and economic opportunity, Bank of America has awarded $11 million to 174 local nonprofits across greater Los Angeles last year. ... read more »
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Taste of Soul to Bring A ‘Day of Service & Soul’ to the Community
October 14, 2021
The drive-thru only event to give away free groceries, PPE supplies, and more ... read more »
Community Still Devastated Over the Murder of Michelle Avan
August 12, 2021
“What I want most is justice for my mother, and to continue her legacy,” stated Trevon Avan, the son of Michelle Avan, the Bank of America executive who was tragically murdered in her home last week.  Her death sent shock waves throughout the community and her family and friends have vowed to continue her legacy of good deeds for the betterment of the community and those less fortunate. ... read more »
MAN ARRESTED IN MURDER OF MICHELLE AVAN
August 6, 2021
Los Angeles Police Department detectives have arrested Anthony Duwayne Turner a co-worker of Michelle Avan and a Bank of America executive. Turner (52) was booked late Thursday by LAPD Homicide Detectives and is being held on $2 million bail, according to jail records. He was arrested near his home in Westchester. ... read more »
Michelle Avan – New Role with Bank of America
June 24, 2021
Michelle A. Avan is a trailblazer and one of the most highly respected business women across multiple local and national groups serving the larger community.  ... read more »
Bank of America Providing $60 Million Fund for BIPOC Affordable Housing Developers
April 29, 2021
Bank of America Community Development Banking, in partnership with Enterprise Community Partners, is investing $60 million – $30 million in loans and $30 million in equity financing – to support Enterprise’s Equitable Path Forward, a five-year initiative to help facilitate racial equality in housing. ... read more »
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Tips, tools and resources for Black business owners looking to make a strong recovery in 2021
March 4, 2021
While it may be challenging to predict what exactly our path to economic recovery will look like, Black small businesses will play a significant role. ... read more »
Martin Luther King, Jr. Community Hospital Receives $500,000 BOFA Grant to Train and Hire More Healthcare Professionals in South L.A.
February 11, 2021
To help meet the increased demand for highly-trained nurses and essential healthcare workers in medically-underserved areas like South Los Angeles, Martin Luther King, Jr. Community Hospital (MLKCH) announced it has received a half million dollar grant from Bank of America to expand its healthcare worker career programs.  ... read more »
Bank of America Awards Los Angeles Trade Tech $1 Million for Jobs Initiative
February 4, 2021
Los Angeles Trade Tech and Bank of America today announced a new $1 million jobs initiative partnership to help students of color successfully complete the education and training necessary to enter the workforce and embark on a path to success in Southern California. ... read more »
Top Business Stories of 2020
December 30, 2020
Here is what happened in business in 2020. ... read more / view gallery »
OneTen, a Coalition of Major Corporations, Vows to Hire 1 Million African Americans in High-Paying Jobs
December 25, 2020
"This is a moment in time for Americans to move past our divisions to come together and reach our full potential as a nation," Ken Frazier, the chairman and CEO of Merck and a OneTen founder stated. "Our country's workforce of the future will be an increasingly diverse one," Frazier proclaimed. ... read more »
SC-VBC PROVIDES ONLINE RESOURCES AND COURSES FOR ENTREPREUNERS
December 17, 2020
The Southern California Virtual Business Center (SC-VBC) is an online facility designed to prepare business owners to scale and grow through the emphasis of corporate and government contracts. The SC-VBC hosts different programs for entrepreneurs at different stages of their business, through the program’s curriculum, resources, and mentorships. ... read more »
The 15th Annual Taste of Soul Brings Community Food Distribution to Crenshaw
October 22, 2020
The food distribution comes at a critical time as our community struggles with economic downturn during COVID-19 pandemic. ... read more »
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