Macy’s and Momentus Capital to Invest Millions to Fund Minority-Owned Businesses
S.P.U.R. Pathways: Shared Purpose, Unlimited Reach is a new initiative from Macy’s Inc. and Momentus Capital. The goal is to deploy $200 million to diverse-led businesses, including but not limited to the retailer’s suppliers. This innovative effort advances a longstanding Macy’s, Inc. commitment to underrepresented businesses and aims to galvanize the retail industry to invest in the next generation of entrepreneurs.