Stories of Technology, Innovation, & Entrepreneurship in the Southeast

February 10, 2021 | Tom Ballard

Kroger invests $3 million from its new Racial Equity Fund

Here’s a good example of what corporate involvement can mean.

The Kroger Company Foundation has invested $3 million from its new Racial Equity Fund in four organizations, including one that is launching a Cincinnati unit to help local minority women entrepreneurs. As part of the engagement, the foundation invited 14 organizations to apply for grants of up to $1 million each. One of those was Washington, DC-based Black Girl Ventures, which received $500,000 that will be used in part to launch a Cincinnati unit, becoming the 13th city in which it operates.

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