Urban Strategies, Inc. Receives $1.5 Million Truist Grant to Advance Community Wealth Building and Expand Capital for Emerging Businesses

Don Terrell, Truist market president

“Economic growth begins with opportunity. When entrepreneurs have access to the capital, support, and resources needed to bring their vision to life, the impact extends far beyond a single business.”

Don Terrell, Truist market president

“Through this work, Truist Foundation is supporting the people and communities that drive local economies forward. We are honored to be a part of this initiative that expands opportunity, encourages business growth, and helps create lasting prosperity in Memphis and communities across the country.”

Donovan Duncan, Executive Vice President and Chief Operating Officer of Urban Strategies, Inc.

“We are deeply grateful to Truist Foundation for continuing this journey with us. This work is about more than access to capital; it is about ownership, economic power, and creating the conditions for people and communities to build wealth on their own terms.”

Donovan Duncan, Executive Vice President and Chief Operating Officer of Urban Strategies, Inc.

“Entrepreneurs are not simply beneficiaries of neighborhood revitalization; they are builders, employers, innovators, and essential drivers of it. This investment allows us to put capital and infrastructure behind their ideas and aspirations. What we are launching in Memphis and these additional communities is part of a much larger movement toward community ownership and shared prosperity. And we believe this is only the beginning.”