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Charter Invests $10 Million Dollars With National Urban League And National Action Network

By: David H.

In February 2020, Charter Communications, the parent company of Spectrum, launched a Loan Fund pledging to invest $10 million in resources by 2021 and over $3 Million in PSA content toward their spectrum networks for educational programming. Charter announced their partnership with both the National Urban League and Al Sharpton's National Action Network

"In all communities, small business ownership and growth are fundamental to developing and sustaining economic power, which is critical to their long-term success. Building on our valued partnerships with the National Urban League and National Action Network, these investments will support small diverse-owned businesses through access to much-needed low-interest capital and help build thriving communities across the country."

- Tom Rutledge, Chairman, and CEO of Charter Communications.

Charter believes this investment will help Black and other minority-owned small businesses in underserved communities, strengthen small businesses, and implement a long-term industrial impact vital to these communities' continued development and extension.

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