Small business grants, pupil stipends, new board associates from Amplify POC

CAPE COD — Amplify POC Cape Cod will use two ARPA awards totaling $110,000 to begin an equity fund for college students and organization entrepreneurs in 2023, according to founder and CEO Tara Vargas-Wallace. 

The nonprofit will use the revenue to start two programs. The 1st will award 10 grants up to $5,000 to businesses owned by persons of color so they can grow and stabilize their operations. Amplify POC hopes to grow the fund with more fundraising endeavours to carry on the application. 

A second system will be for learners of color. Amplify will distribute up to 10 college student stipends of up to $500 each. The John Reed University student Support system, named in honor of NAACP Cape Cod President John Reed’s advocacy and help of Cape Cod youth, will run as a result of 2023.  

In this June 2022 file photo, Amplify POC board chairwoman Jeanne Morrison, left, and Amplify POC founder and executive director Tara Vargas Wallace talk with then-Attorney General, now Gov. Maura Healey

Amplify POC industrySuppliers arrive in Hyannis to take part in Amplify POC industry

State Rep. Kip Diggs and condition Sen. Julian Cyr served safe about $50,000 and $60,000 respectively through Property and Senate allocations, in accordance to Vargas-Wallace. Each legislators complimented the function performed by Amplify since 2020, when it was started. Cyr stated the cash will support establish a far more equitable Cape Cod. 

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