HARTFORD, CT — The Local Initiatives Support Corp. Connecticut, which is based in Hartford, announced recently it is receiving a $300,000 investment from JPMorgan Chase to support programs for seven Black, Indigenous and people of color-led (BIPOC) community development corporations and organizations.
Those groups are located in Bridgeport, Hartford, New Haven and Waterbury.
According to LISC, nonprofit organizations often face challenges securing funding for capacity building projects like technology upgrades, staff professional development and communications or volunteer engagement strategies that hel serve the community and deliver on their mission.
Funding for these types of organizations is also difficult.
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