American Express Launches the “Coalition to Back Black Businesses” Grant Program with a $10 Million Commitment

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP), in collaboration with the U.S. Chamber of Commerce Foundation, announced today the formation of the “Coalition to Back Black Businesses” with a $10 million commitment to fund a grant program and support Black-owned small business recovery in the U.S. over the next four years. The Coalition is a first-of-its-kind collaboration between four major Black chambers: the National Black Chamber of Commerce, the National Business League, the U.S.