Famed singer and actress Jennifer Hudson has joined ranks with Mastercard to provide resources and support for African American female business owners.
The consumer-centered Strivers Initiative was also launched to eliminate the racial and gender disparities surrounding access to capital.
“I am fortunate to have been influenced and inspired by so many incredible Black female role models as I’ve pursued my dreams, but that’s not always the case for all Black girls and women,” Hudson said in a statement. “Entrepreneurship has always been a part of the American Dream and the work that Mastercard is doing to elevate these visible, strong Black women business owners and highlight the support they’re providing our communities is hugely important to me and to the impact of future generations.”
As part of the initiative, Mastercard is also teaming with the Fearless Fund, a venture capital firm, to provide grants for women of color entrepreneurs.