SOGAL: Black women founders are making history as the most rapidly growing group of entrepreneurs. They possess a unique ability to address significant global challenges and are known for reinvesting in their communities and fostering intergenerational prosperity. Sadly, these entrepreneurs encounter substantial hurdles in accessing capital, a deeply unjust situation.
The ongoing systemic bias, the failure of Silicon Valley and venture capitalists to truly diversify their investments, the unequal impact of COVID-19 on entrepreneurs of color, and generations of inequity against Black individuals are entirely unacceptable.
SoGal Foundation has teamed up with Winky Lux, bluemercury, twelveNYC, Twilio, Walmart.org’s Center for Racial Equity and other sponsors to make a small step towards progress by providing several $10K and $5K cash grants to Black women or nonbinary entrepreneurs.
About SoGal Foundation
SoGal Foundation is the largest global platform for diverse entrepreneurs and investors. Spanning 6 continents with hyper-local programming in over 50 cities, our mission is to close the diversity gap in entrepreneurship and venture capital. SoGal Foundation began in 2015 with a mission to redefine the next generation of diverse entrepreneurs and investors.
Benefits of SoGal Foundation Black Founder Startup Grant Program
- They will also receive lifetime “ask-me-anything” access to the SoGal Foundation and SoGal Ventures teams.
- Awardees will also receive tactical help navigating the fundraising environment at large so that they will have a more equitable opportunity at scaling the next billion-dollar idea.
Requirements for SoGal Foundation Black Founder Startup Grant Program
- Self-identify as a Black woman or Black nonbinary entrepreneur (inclusive of multiracial Black women and multiracial Black nonbinary folks)
- Plan to seek investor financing in order to scale, now or in the future
- Have a scalable, high-impact solution or idea with the ambition to be the next billion dollar business.
- Have a legally registered business
Application Deadline
Not Specified
How to Apply
Click HERE to apply!
There is no need to include any additional information, as it will not be reviewed. Applications are rolling. If you have already applied, there is no need to apply again.
visit SoGal Foundation website For more details
