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Find similar grantsBlack Entrepreneurship Fund is sponsored by BrazilFoundation. This fund invests in Civil Society Organizations (CSOs) that support Black entrepreneurs in Brazil through business training, access to financing, and generating supply chains.
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Black Entrepreneurship Fund | BrazilFoundation Black Entrepreneurship Fund Promoting autonomy and sustainability of Black people in various economic areas Why Black Entrepreneurship? This fund aims to overcome the legacy of racism in Brazil – that excludes over half of the population from educational and economic opportunities.
We support initiatives to build a more inclusive ecosystem to enable Black entrepreneurs with to access capital, supply chains, markets, and financial autonomy. of the population below poverty line are Black of Black entrepreneurs started their own business due to necessity or unemployment Why Black Entrepreneurship? Brazil is home to the world’s largest Afro-descendant population outside the African continent.
While over half of the Brazilian population identifies as Black or brown, this group is extremely underrepresented in the country’s social-economic development agenda (IBGE, 2018). Black and brown Brazilians face severe disadvantages in the job market, income distribution, living conditions, education, and political representation. Afro-descendant individuals are twice as likely to be poor as white Brazilians.
Chances are even higher if you are Black and female. To provides Black entrepreneurs with tools to achieve sustainable financial autonomy Despite Black entrepreneurs’ clear market potential, absence of seed funding and angel investment is a barrier for all entrepreneurs, disproportionately impacting women and *minorities.
Such hostile business environment for Black entrepreneurs undermines national economic growth and racial and socioeconomic equity. Instituto Nacional de Negócios e Afroempreendedorismo – FUNAFRO Associação BlackRocks Startups Instituto da Mulher Negra Mãe Hilda Jitolu Instituto Nacional de Negócios e Afroempreendedorismo – FUNAFRO Associação BlackRocks Startups Instituto da Mulher Negra Mãe Hilda Jitolu
According to the current listing, eligibility includes: Civil Society Organizations (CSOs) that accelerate and build support ecosystems for Black entrepreneurs in Brazil. Confirm the full requirements in the official notice before applying.
Black Entrepreneurship Fund is funded by BrazilFoundation. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.