Come catch all this BGV tea while you can! Not only do we want to keep you up to date on all the BGV happenings we also love to celebrate with you and provide you with resources. This is our moment to share with you how we continue to multiply the impact by supporting Black & Brown women-identifying founders. Our mission to provide access to social and financial capital is possible because of our partnerships, allies, and most importantly through the network and the energy of our communities.
BGV Tea
Where do we start? BGV continues to be blessed with donations, grants, and partnerships. Every last one of these opportunities has allowed us to continue to carry out our mission––we couldn’t be more grateful.
BGV x Paypal
We’re honored to have been awarded a grant from PayPal! This funding will continue to advance our mission to provide access to the community, capital, and capacity to Black and Brown women entrepreneurs. We are incredibly thrilled about the long-term ripple effect that this grant will have on our founders. The rise of the Black woman continues!
BGV x Coolhaus
If you recall, the founder of Coolhaus Natasha did an amazing webinar called The Business of Food. Coolhaus is a women-owned ice cream brand that supports women and LGBTQ+ founders. We’re excited to share that we’re getting our very own BGV exclusive ice cream flavor, but we need your help!
If you were to create an ice cream inspired in BGV, What flavor would it be and how would you name it?
BGV x Rise of the Rest
Revolution’s Rise of the Rest team, led by tech pioneer Steve Case, announced a partnership with Opportunity Hub (OHUB) led by Rodney Sampson, 100 Black Angels & Allies, and Morgan Stanley’s Multicultural Innovation Lab (MCIL) to host the Rise of the Rest Virtual Tour: Equity Edition. The event includes a $2M virtual pitch event for Black-founded startups based in the U.S., but outside of Silicon Valley, New York, and Boston, and a series of virtual town halls that will take place from December 1-3, 2020.
The first 100 applicants will receive complimentary access to OHUB's acclaimed 1-Day Founder Prep Course. Find out more information and apply to pitch. It's included in the Why Apply Section.
Before you apply join this exclusive meet and greet application Q+A session to gain insights on getting your Rise of the Rest pitch application accepted!
Deadline: October 25th
Take It To The Next Level
Fundera's commitment to helping entrepreneurs and raising awareness of small business issues is stronger than ever. We are proud to introduce Fundera’s Annual Entrepreneurial Grant, The Zach Grant, to help budding entrepreneurs grow their businesses.
It's as simple as recording a 3-minute video answering: "Why did you start your own business?" Fundera will award $2,500 for the best video entry every year.
Deadline: January 1, 2021 Apply
Wish Local
Wish Local is dedicating a $2M dollar fund to give roughly 4,000 Wish Local small business partners financial support. The selected recipients will receive amounts between $500 - $2000. This program will only be open to Black-owned stores, to help promote equality and diversity in American business.
100% Black-owned or majority Black-owned
Brick-and-mortar store located within the U.S.
20 or fewer full-time employees
Annual revenue of less than $1 million in the last 12 months
SoGal Foundation
SoGal Foundation has teamed up with Winky Lux, Bluemercury, twelveNYC, and other sponsors to make a small step towards progress by providing several $10K and $5K cash grants to Black women or nonbinary entrepreneurs.
SoGal Foundation has also partnered with Howard University to award (5) $2,000 cash grants to Howard University student entrepreneurs. Students will receive their grants at the end of the Fall 2020 semester.
Minority Business Development Association
Now, this is not a grant in itself but the giver of grants. An agency of the Department of Commerce, The Minority Business Development Agency (MBDA), as its name suggests provides support for minority-owned businesses across the United States. The Agency provides targeted grants and loan programs such as the Minority Business Enterprise Inner City Innovation Hub Grant, the Entrepreneurship Education Program for Formerly Incarcerated Persons Grant, the Enterprising Women of Color Grant.
1. Register your business to apply for an MBDA grant.
2. Understand the Grant Announcement.
3. Attend a pre-application teleconference to learn more about the grant and requirements.
4. Understand the evaluation process.
5. Prepare and Submit Application.
NC IDEA’s $500K Grant Program
This grant supports Black entrepreneurs to open in North Carolina! NC IDEA is accepting applications from 501(c)(3) and for-profit organizations within North Carolina that are in service to, or have programs specifically focused on, helping Black entrepreneurs and growth-oriented Black-owned firms start and grow scalable businesses.
The application is open to new programs and ideas that are being disruptive and driving change, as well as existing programs and initiatives.
NC IDEA is requiring that all grant dollars must be allocated toward specific programs and activities serving the Black entrepreneurial community of North Carolina.
Deadline: November 2, 2020
We love hearing from you, so tell us if you plan on applying to any of the resources above and we hope to see you at future BGV events.
Subscribe to the Digital Orange Juice for juicy ideas and the people who fund them. You can find out about our next pitch competitions here. Don't forget to check out the SheRaise platform for more pitch events.