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Find similar grantsIngredients for Success Entrepreneurs Initiative is sponsored by Famous Amos (in partnership with the U.S. Black Chambers, Inc.). This grant program awards three early-stage Black-owned businesses $50,000 cash, along with a package of mentorship, networking, and educational resources.
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Famous Amos Ingredients for Success Black small business owners are invited to apply by submitting a short video pitch. Entries are judged by a panel of renowned Black entrepreneurs, and 10 finalists are selected to compete in the next round. Ultimately, three winners will each be awarded $50,000 and access to mentorship, educational resources, and networking opportunities.
We invite all eligible candidates to apply by completing the form below. Black small business owners are invited to apply by submitting a short video pitch. Entries are judged by a panel of renowned Black entrepreneurs, and 10 finalists are selected to compete in the next round.
Ultimately, three winners will each be awarded $50,000 and access to mentorship, educational resources, and networking opportunities. We invite all eligible candidates to apply by completing the form below.
3 Winners | $150,000 In Awards Ingredients For Success 3 Winners | $150,000 In Awards Ingredients For Success 3 Winners | $150,000 In Awards Ingredients For Success 3 Winners | $150,000 In Awards Ingredients For Success 3 Winners | $150,000 In Awards Ingredients For Success 3 Winners | $150,000 In Awards Ingredients For Success Meet our 2026 Ingredients for Success Official Judges Meet our 2026 Ingredients for Success Official Judges Application Tips and Tricks From Our Judges Application Tips and Tricks From Our Judges 2025 IFS Winners Announcement The Famous Amos Ingredients for Success (IFS) Entrepreneurs Initiative is an annual national award program launched by Ferrero North America in 2020.
IFS creates pathways for early-stage Black business owners to thrive by providing $150,000 in capital awards, mentorship, networking, and educational resources. Honoring Wally Amos’ legacy and the “Famously You” ethos, this initiative celebrates the qualities that make each business owner unique and fosters long-term success for their businesses.
settings PREVIOUS WINNERS local_activity The Legacy description The Application Process 3 Winners | $150,000 In Awards The Famous Amos Ingredients for Success (IFS) Entrepreneurs Initiative is an annual national award program launched by Ferrero North America in 2020. IFS creates pathways for early-stage Black business owners to thrive by providing $150,000 in capital awards, mentorship, networking, and educational resources.
Honoring Wally Amos’ legacy and the “Famously You” ethos, this initiative celebrates the qualities that make each business owner unique and fosters long-term success for their businesses.
settings PREVIOUS WINNERS 2025 IFS Winners Announcement local_activity The Legacy description The Application Process arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text 8 Steps to Success: What Every Business Owner Should Know USBC offers free resources to strengthen your business knowledge and assist you in completion of your application.
You can access them any time at the links below.
filter_1 How to Start a Business filter_5 Build Your Digital Capabilities filter_3 Increase Your Business Skill filter_7 USBC Access to Capital Program filter_2 USBC Virtual Training filter_8 Join Our Business Directory filter_4 Business Counseling filter_9 Learn more at the Greenwood Women’s Business Center 8 Steps to Success: What Every Business Owner Should Know USBC offers free resources to strengthen your business knowledge and assist you in completion of your application.
You can access them any time at the links below.
filter_1 How to Start a Business filter_5 Build Your Digital Capabilities filter_3 Increase Your Business Skill filter_7 USBC Access to Capital Program filter_2 USBC Virtual Training filter_8 Join Our Business Directory filter_4 Business Counseling filter_9 Learn more at the Greenwood Women’s Business Center Past and current winners receive access to curated content to assist in business expansion and sustainability.
Checkout our alumni resources today! arrow_drop_down_circle Divider Text Past and current winners receive access to curated content to assist in business expansion and sustainability. Checkout our alumni resources today!
arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text arrow_drop_down_circle Divider Text Frequently Asked Questions What is the Famous Amos® Ingredients for Success (IFS) program? IFS is a national award program presented by Famous Amos in partnership with the U.S. Black Chambers, Inc. (USBC).
Honoring the legacy of Famous Amos founder Wally Amos, IFS creates pathways for early-stage Black business owners to thrive by providing $150,000 in capital awards, in addition to mentorship, networking and educational resources. Why did Famous Amos create IFS? What specific goals does it aim to achieve?
IFS was created in 2020 to honor Wally Amos’ entrepreneurial legacy by supporting early-stage Black-owned businesses with resources to foster sustained growth and success. Are there any key deadlines or important dates applicants should be aware of?
Please see a high-level program timeline: March 31, 2026 – Applications open online April 13, 2026 – “Judges’ Best Practices Guide Video” June 1, 2026 – Applications close June 23, 2026 – IFS notifies finalists July 27, 2026 – IFS formally announces winners Frequently Asked Questions What is the Famous Amos® Ingredients for Success (IFS) program?
IFS is a national award program presented by Famous Amos in partnership with the U.S. Black Chambers, Inc. (USBC). Honoring the legacy of Famous Amos founder Wally Amos, IFS creates pathways for early-stage Black business owners to thrive by providing $150,000 in capital awards, in addition to mentorship, networking and educational resources. Why did Famous Amos create IFS?
What specific goals does it aim to achieve? IFS was created in 2020 to honor Wally Amos’ entrepreneurial legacy by supporting early-stage Black-owned businesses with resources to foster sustained growth and success. Are there any key deadlines or important dates applicants should be aware of?
Please see a high-level program timeline: March 31, 2026 – Applications open online April 13, 2026 – “Judges’ Best Practices Guide Video” June 1, 2026 – Applications close June 23, 2026 – IFS notifies finalists July 27, 2026 – IFS formally announces winners For more information, please contact: U.S. Black Chambers, Inc. programs@usblackhambers. org
Based on current listing details, eligibility includes: Businesses that are at least 90% Black-owned and have been in operation for no more than five years. Owners must be 21 or older. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $50,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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