Black Ambition Prize

Details

The Black Ambition Prize competition provides a platform for Black and Hispanic founders across the nation to access growth capital, coaching, and a curated community of innovators and mentors. Eligible applicants consist of Black and Hispanic innovators building early-stage ventures across five categories. Eligible ventures will compete for awards between $15,000 to $1,000,000. Up to 250 semi-finalists will be selected, with one grand prize winner receiving $1,000,000. To apply you must:

• Be a for-profit venture in the fields of consumer products and services, healthcare, media and entertainment, technology, and / or AI
• Are already, or intend to be, legally incorporated in the U.S.
• Have demonstrated progress against a business concept as illustrated by a minimum viable product and/or existing consumer base.
• Have raised less than $1M in dilutive funding at the time of applying for the award.
• At least 2 team members, all must be at least eighteen (18) years of age
• Eligible teams must include at least one founding member that identifies as Black/African/African American and/or Hispanic/Latino/Latina/Latinx. A founding member is a team member having the title of CEO, Vice President or other C-level role (e.g., the CEO or an executive-level direct report to the CEO).
• The lead of the venture (defined as the CEO or President, or most senior role on the founding team) must be a legal U.S. resident and based in the U.S.
• Deadline extended to May 17th at 6pm PST