Black Women Founder Startup Grant - SoGal Foundation is awarding cash grants $10,000 or $5,000 to Black women and Black nonbinary entrepreneurs.
Black Founder Startup Grant Black Entrepreneurs Matter . Black women entrepreneurs receive less than .5% of venture capital funding. We are standing up to help change that. 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 is bullshit. 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 s...