African-American Entrepreneurs Grant — Female Award
The Female-Nurses scholarship has already been awarded, but we still have 6 great scholarships currently available for women and 20 currently available for black students.
Talent is evenly distributed, but opportunity is not.
Although African-Americans comprise 13.4% of the US population, just 1% of start-ups receiving venture funding have Black founders.
And since women own just 11% of the equity value of start-ups, this issue is even greater for Black female entrepreneurs.
From small businesses to venture-scale, entrepreneurship is an enduring and impactful way that communities move forward, but the funded entrepreneurs in the US do not reflect the diversity of our country.
Solving this problem will take deep dedication throughout the start-up and venture capital world.
As one small part of this, the African-American Entrepreneurs Grant - Female Award will be awarded to a female African-American entrepreneur at any education level who is currently building or who aspires to build a new business.
Current or aspiring African-American entrepreneurs across any field or business stage will be considered.
Winners will be selected on the merit of their business idea, and on the impact that additional financial support will have for them.
This scholarship is part of the Mechanism Ventures Impact Grants Series.
Please tell us a bit about yourself and your business (or business idea). What inspired you to start it? What do you hope it will achieve?
Winners and Finalists
March 2021
Winning Application
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FAQ
The application deadline is Feb 11, 2021. Winners will be announced on Mar 11, 2021.
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Award amounts per winner are designated by the donor. Check the award amount for a detailed breakdown.
The winner will be publicly announced on Mar 11, 2021. Prior to the announcement date, we may contact finalists with additional questions about their application. We will work with donors to review all applications according to the scholarship criteria. Winners will be chosen based on the merit of their application.
Award checks will be sent to the financial aid office of the winner's academic institution or future academic institution in their name to be applied to their tuition, and in the name of their institution (depending on the school's requirements). If the award is for a qualified educational non-tuition expense, we will work with the winner directly to distribute the award and make sure it goes towards qualified expenses.
Before we award the scholarship, the winner will be required to confirm their academic enrollment status. Depending on the circumstances, verification of Student ID and/or their most recent transcript will be required.
If you have any questions about this scholarship or the Bold.org platform, just email contact@bold.org and we’ll get back to you as quickly as we can.
Yes. The terms and conditions for this scholarship can be found here.