Macy’s Invests in Minority-Owned Companies
Macy’s plans to invest $30 million in loan funds over the next five years to provide minority-owned companies with the capital they need to grow their businesses. The department store has partnered with Momentus Capital to launch a program to advance entrepreneurial growth and increase investment in diverse-owned and underrepresented businesses.
Macy’s will invest a total $30 million in the new program, which is called S.P.U.R. Pathways: Shared Purpose....