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  • Writer's pictureJillian Helding

Up to $1 Million in Grant Money Available to Black and Hispanic Entrepreneurs

Black and Hispanic entrepreneurs have brought many innovative ideas to the business world in recent years. One celebrity-backed organization is looking to further that great work with a series of prizes.

Black Ambition is a non-profit founded by Pharrell Williams that provides funding and prizes to Black and Hispanic entrepreneurs. This year, the organization is offering two prize opportunities: The Black Ambition Prize and the HBCU Prize.

The Black Ambition Prize aims to support innovative projects, offering up to $1,000,000 in funding, while the HBCU Prize offers funds to those at Historically Black Colleges and Universities. The application period is now open and will close in June. The organization will then select semi-finalists to participate in a mentorship program and the Black Ambition Demo Day this fall.

For more information about this program, as well as new ARPA grant programs, read the full article at: https://smallbiztrends.com/2023/03/1-million-in-grants-for-black-and-hispanic-entrepreneurs.html

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