SO_GAL Black Founder Startup Grant

SO_GAL Black Founder Startup Grant is sponsored by SoGal Foundation. SoGal Foundation, along with several partner organizations, offers $10,000 and $5,000 cash grants to Black and non-binary business owners. Winners also receive assistance navigating future funding opportunities.

SoGal Black Founder Startup Grant Black women founders are the fastest growing demographic of entrepreneurs out of any throughout history. These founders are best equipped to solve some of the world’s largest unmet needs, and have a legacy of reinvesting in their communities and creating intergenerational wealth. However, Black women entrepreneurs are met with the greatest barriers to accessing capital.

This perpetual systemic discrimination, the unwillingness & inability of Silicon Valley and venture capitalists to effectively diversify their investments, the disproportionate effects of COVID-19 on entrepreneurs of color, and generations of inequities against Black people are absolutely inexcusable.

SoGal Foundation has teamed up with Winky Lux, bluemercury, twelveNYC, Twilio, and other sponsors to make a small step towards progress by providing several $10K and $5K cash grants to Black women or nonbinary entrepreneurs. 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.

They will also receive lifetime “ask-me-anything” access to the SoGal Foundation and SoGal Ventures teams. We know this is a small start, and we are hopeful that it will grow. We believe in a brighter future where the next world changing business does not go unrealized because of systemic discrimination.

– self-identify as a Black woman or Black nonbinary entrepreneur (inclusive of multiracial Black women and multiracial Black nonbinary folks) – have a legally registered business – 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.

The federal government offers thousands of grants with opportunities for companies from all backgrounds. At the federal level, SBA. gov provides limited small business grants.

State, county and city funded grants provide additional opportunities for small businesses. Find a grant based on your area. Some small business grant programs are confined to a specific entrepreneur demographic or business profile and they often have an application process that is easier to navigate.

View grants in your industry. General & Foundation Grants There are many nonprofit and corporate entities offering grants to small businesses. including National Association of Self-Employed , Halstead Grant , Foundation for a Just Society , and many more.

Complete your business profile to see available grants based on your business. Includes multiple grants, funding sources and low-cost loans that are intended to help minority-owned and women-owned businesses grow and be better represented in the ranks of American business owners such as Amber Foundation , MBDA , Operation Hope and others. Find out more