Home Grants $150,000 Funding available under Ingredients for Success Grant Program (US)

$150,000 Funding available under Ingredients for Success Grant Program (US)

by opportunitydiary

Application Deadline: 06/25/2022
About Opportunity

The Famous Amos® and the National Black Chamber of Commerce (NBCC) have launched Ingredients for Success, an initiative for supporting Black small business owners.

Eligibility Requirements

  • Businesses must be majority Black owned. at minimum 90% Black-owned
  • They are prioritizing businesses who’ve been in operation for five years or less
  • Headquartered in the United States (excluding Puerto Rico, the U.S.Virgin Islands, and other Commonwealths, Territories, and Possessions)

Benefits

Ingredients for Success is a grant and mentorship program awarding a total of $150,000 to three entrepreneurs ($50,000 each). Famous Amos launched this initiative in honor of the brand’s founder Wally Amos to create pathways for Black business owners to thrive.

Application Procedure

Ingredients for Success awards $50,000 to three entrepreneurs. Along with the monetary award, winners will receive the necessary resources and tools provided by the NBCC to drive sustainable growth and success.

Black Americans are fueling US economic growth at an-increasing rate, contributing over $1 trillion per year in consumer-spend. Additionally, the number of Black-owned businesses in-the US has grown 30% compared to pre-pandemic numbers!

Official Website: $150,000 Funding available under Ingredients for Success Grant Program (US)

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