The grants total $5 million and are part of PayPal’s commitment of $530 million to Black-owned businesses. Mortar plans on using the grants to help support Black entrepreneurs.
“MORTAR will use the grant to support our entrepreneurship training and support programs for Black entrepreneurs here in Cincinnati and throughout the Midwest,” said Mortar Development Manager Vic Mullins.
The grants are meant to help those in Black- and minority-owned communities and to fight for economic and financial equality. Mortar is the only recipient in Ohio.
“MORTAR is thrilled to partner with an amazing organization like PayPal,” Mullins said. “PayPal has long provided an essential e-commerce service to entrepreneurs and to be chosen as a beneficiary of this grant means that we can continue to help the dreamers and doers become successful business owners.”