Video and reporting by: Isaiah Showell, Follow South Jersey Multimedia Journalist & Joshua Gras, Follow South Jersey News Reporting Intern
TRENTON, N.J. — On Wednesday, the Pascale Sykes Foundation held a ceremony to commemorate its $1,000,000 donation to the New Jersey Community Capital and African-American Chamber of Commerce.
The donation was made with the goal of creating an equal playing field for future and current Black-owned business enterprises that have been affected by the pandemic as well as archaic systems that have not favored them.
Loans disbursed by NJCC and the African-American Chamber of Commerce will reach upwards of $75,000. The Pascale Sykes Foundation’s mission is to help low-income, working-class families find economic stability.
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This article was produced by a Follow South Jersey news intern thanks to a grant provided by the Robert Wood Johnson Foundation through the New Jersey Health Initiatives program to create hyper-local news to meet the informational and health needs of the City of Bridgeton, N.J.