PepsiCo Foundation and NUL Unveil First Grantees of $10M Black Restaurant Accelerator Program
The PepsiCo Foundation and the National Urban League announced the first grant recipients of their Black Restaurant Accelerator Program, a joint $10 million initiative that will provide 500 Black restaurant owners in 12 cities over the next five years with capital, technical assistance, and mentorship services. As the United States begins to reopen, this program is providing critical support to Black restaurateurs who were disproportionately impacted by the pandemic.
Today's announcement recognizes the vital contributions of Black-owned restaurants to the fabric of American culture, as well as the need to preserve these institutions. The program provides a tangible pathway towards substantive pandemic recovery and lasting economic equity. The first grantees include:
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Victoria's Kitchen & Catering Soul Food Restaurant in Philadelphia, PA
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Takoma Station Tavern and Wingery in Washington, D.C.,