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Discover donating $5M to Black-owned restaurants
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Discover is donating $5 million to Black-owned restaurants to raise awareness about the financial disadvantages Black business owners face and as the industry as a whole struggles to bounce back from nationwide closures and capacity limits during the coronavirus pandemic.
The financial services company said Monday consumers can nominate their favorite Black-owned restaurant via Discover's social media pages on Facebook, Twitter and Instagram and 200 nominees will be selected randomly to get $25,000. The donation period is open now and will run through Oct. 31.
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The funding news comes as a number of corporate companies are pledging to support communities of color in the middle of a nationwide reckoning on racial, social and economic equality fueled by the Black Lives Matter movement.