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SheaMoisture Fund - The Next Black Millionaires Program is sponsored by SheaMoisture Fund. The SheaMoisture Fund offers grants and purpose programs to small, Black-owned businesses. The Next Black Millionaires program awards grants along with business development services and retail distribution support.
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In 2021, we launched our most ambitious project yet: The Next Black Millionaire Fund . In partnership with New Voices Foundation , we combed through hundreds of applications, conducted dozens of interviews, and ultimately selected three amazing Black-owned businesses to participate in this groundbreaking program. Congratulations to our winning founders!
Each business will receive: $100,000 grant, business development services, retail distribution support, an opportunity to collaborate with SheaMoisture and to participate in a streaming docuseries that follows their journey over the course of the year. To learn more about their businesses SheaMoisture has been serving Black entrepreneurs and investing in the Black community for decades.
To better serve you, we’re constantly reimagining our recipe for success . Unjust barriers exist for Black entrepreneurs, including limited access to the considerable advantages that generational wealth and privilege provides. A crucial part of our recipe for eradication of the $11 Trillion wealth gap is supporting entrepreneurs like you.
Join our growing community of entrepreneurs. Build your recipe with SheaMoisture. SheaMoisture First Annual Impact Key ingredients to Black wealth creation Since 1991, SheaMoisture has been committed to uplifting Black communities across the world.
Learn more about the decision that was made in 2017 to grow the company’s impact as a Black-founded and Black-led company. What’s happened since this decision?
Based on current listing details, eligibility includes: Businesses must have been in business for at least two years and have annual revenue of at least $25,000. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $100,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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