|An alternative financing model for black, brown & women owned brands. Revenue-based financing (RBF) is the leading alternative to equity financing for startups. Revenue-based financing is best used to bridge short-term gaps to support long-term outcomes. The RBF loans provide flexible repayment options tied to your monthly net revenue to accommodate the ebbs and flows of early stage cash flow businesses.
|Accion Opportunity Fund
|At Accion Opportunity Fund we work closely with small business owners to provide them with fairly priced loans, educational resources, coaching, and support networks in English and Spanish. Opportunity Fund still remains the lending arm of Accion Opportunity Fund.
|Accompany Capital creates a pathway to self-sufficiency for immigrant and refugee entrepreneurs in New York City by providing access to affordable credit, empowering with financial education, and offering training in best business practices and technology.
|Amazon Black Business Accelerator
|Amazon’s Black Business Accelerator is dedicated to helping build sustainable equity and growth for Black entrepreneurs by enabling their success as sellers. Grow your business with access to financial support, strategic business guidance and mentorship, and marketing and promotional support.
|Backing the B.A.R.
|The NAACP x BACARDI are working together to provide dedicated support to Black-owned businesses in the beverage alcohol service, sales, and hospitality industries. Backing the B.A.R. is a NAACP initiative that is awarding over $350,000 in acceleration grants, education, support, and entrepreneurship solutions for Black-owned bars, restaurants, nightclubs, lounges, liquor stores, and small businesses in the process of applying for a liquor license.
|At Backstage Capital, we invest in companies led by underestimated founders, including women, people of color, and LGBTQ+ founders. We've invested in 150+ companies so far, and our support goes beyond investment.
|Black Girl Ventures x Bumble
|Black Girl Ventures has teamed up with Bumble Fund, the investment arm of women-first dating and networking app Bumble, to invest in Black women entrepreneurs. If you're a Black woman seeking capital to grow your business, learn more about the opportunity and apply below.
|Black Restaurant Accelerator
|The National Urban League and PepsiCo joined forces to create the Black Restaurant Accelerator, which will boost approximately 500 Black-owned businesses over the next five years. The PepsiCo Foundation is providing a $10 million grant to fund the program, which will provide current and aspiring Black restaurateurs with access to capital, training, mentorship and other support services that are necessary for business success.
|Business Equity Fund
|The Business Equity Fund is specifically targeted to minority-owned companies with over $250,000 in annual revenue in Eastern Massachusetts, Southern New Hampshire and Northern Rhode Island, for whom a loan or equity investment of $300,000 to $500,000 would create jobs or expand operations. Loan applicants are rigorously screened by the fund managers and the BEF Investment Committee to select those businesses most able to leverage a loan or equity investment into positive outcomes. Recipients also receive ongoing support and oversight in partnership with the Business Equity Initiative.
|Coalition to Back Black Businesses
|The Coalition to Back Black Businesses is a multi-year initiative to support Black small business owners and the communities they serve as they recover from the COVID-19 pandemic and chart a path forward. Small businesses are critical parts of communities – the strength of these businesses is essential to the recovery of their communities.
|Collab Capital was founded by three experienced founders, operators, and investors who collectively decided to solve the problem of capital access for Black entrepreneurs. At Collab, our perspective is that by investing in great Black founders and helping them grow and scale their businesses, we have a unique opportunity to set the foundation for wealth creation in Black communities.
|Comcast RISE Investment Fund
|Comcast will be awarding grants of up to $10,000 each for U.S.-based small and diverse businesses that have been in operations for three to five years.
|Our mission is to bridge the gap between underrepresented entrepreneurs and the resources they need to build profitable, high-growth companies. We mobilize communities, execute programs and establish partnerships that foster diverse, equitable, and inclusive cultures.
|Fearless Fund invests in high growth, scalable, women of color-led ventures across the United states. While we are industry agnostic, we seek companies that we feel our team of General and Limited Partners can add the most value to and help scale.
|FeverPitch is an annual business pitch competition curated by Black Connect that provides a platform for Black entrepreneurs and business owners to gain insight from and exposure to successful entrepreneurs, seasoned professionals, community and corporate leaders, executives, disruptors and more. The goal of FeverPitch is to build, empower and boost Black Connect’s startup ecosystem and entrepreneurship by bringing entrepreneurs, corporates, investors and the public together, helping to create innovation and networking hubs and populate and cultivate Black Connect’s pipeline of entrepreneurs. FeverPitch is open to Black Connect’s Entrepreneur/Sole Proprietor, Small Business, and College Student members.
|Food and Beverage Investment Fund for Black and Indigenous Americans
|The Foundation is launching the James Beard Foundation Food and Beverage Investment Fund for Black and Indigenous Americans to provide financial resources for food or beverage businesses that are majority-owned by Black or Indigenous individuals. These grants are part of our Open for Good campaign, launched in April to rebuild an independent restaurant industry that is stronger, more equitable, more sustainable, and more resilient when it re-opens post-COVID-19. This new Fund is part of the Foundation’s ongoing commitment to continually lift up the Black and Indigenous business owners in our industry, not just in light of the pandemic, but for good. Financial resources are that much more impactful when coupled with support from organizations and experts who make themselves available to provide guidance on professional skills like marketing, structuring business plans, and negotiating contracts. The Foundation is creating new partnerships to deliver this value to our grant recipients in an effort to see these businesses thrive for the long term. The Fund aims to disburse grants equally across the Black and Indigenous populations throughout the United States. Using the most recent census data, we have delineated six regions of the country, each containing 16 to 17% of the total Black and Indigenous population in the U.S. Using this framework, we can ensure our funds are not concentrated in one part of the country over another.
|Founders First Capital Partners
|Founders First Capital Partners provides access to the critical capital businesses need to unlock their economic potential.
|Harlem Capital Partners
|Harlem Capital is a venture capital firm on a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over 20 years.
|At Kapor Capital we believe in the power of transformative ideas and diverse teams. We are an Oakland-based fund that understands that startup companies have the ability to transform entire industries and to address urgent social needs as they do so.
|Oakland Black Business Fund
|The OBBF platform includes a $10M relief fund focused on helping Oakland businesses impacted by COVID-19 and a $1B investment fund to support Black entrepreneurs across the country.
|Vistaprint, the Boston Celtics Shamrock Foundation, and the NAACP teamed up to empower Black-owned small businesses in New England. Power Forward Small Business Grants provide $25,000 + design and marketing assistance to qualified applicants on a rolling basis.
|Scale-Up Pitch Challenge
|National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 which works to satisfy the mission of the Association to help create and support wealth building opportunities for its members, with previous winners experiencing great success with investors due to exposure and funding provided through this challenge.
|She's Next Grant Program for Black Women-Owned Businesses
|In celebration of International Women’s Day, Visa is continuing to take action and remove the disproportionate barriers faced by Black women founders by offering $10,000 and a one-year IFundWomen Annual Coaching Membership to 60 Black women-owned businesses across six (6) key cities in the U.S. Applications are open through April 16, 2021.
|SheaMoisture $1Million Fund Incubator
|In 2020, The New Voices Foundation created this e-learning module for women of color entrepreneurs to continue to gain education, access to resources, mentorship, and advice on how to prepare for the economic downturn.
|The Local Initiatives Support Corporation (LISC)
|With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. Since 1979, LISC has invested $24 billion to build or rehab more than 436,320 affordable homes and apartments and develop 74.4 million square feet of retail, community and educational space.
|Urban Awareness USA
|Urban Awareness USA bridges the gaps between communities, philanthropist, local government agencies, nonprofits and faith-based organizations. Since 2003 UA has been providing comprehensive services, resources, training and networking opportunities enabling enhanced awareness and collaboration between stakeholders to better serve urban communities.