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5th Annual Black Ambition Prize Competition
The Black Ambition Prize competition strengthens pathways to entrepreneurship, increases access to capital, expands pathways to growth, and highlights the talents of underrepresented founders.
Black Ambition seeks to support entrepreneurs from backgrounds that have historically been overlooked by venture capital funding. To be eligible to apply, a team must have at least one founding member from such a background, including, but not limited to, backgrounds such as Black/African/African American, Hispanic/Latino/Latina/Latinx, LGBTQ, parents with earned income below the poverty level, first-generation immigrants, first-generation college graduates, and those raised by a single parent. Founders from any background traditionally overlooked in venture capital funding may apply regardless of race.
Teams applying for the Black Ambition Prize must have at least one founder or co-founder, who identifies as an underrepresented founder. A member of the founding team is defined as having a C-Suite or VP-level role. Eligible ventures must be growth-ready companies that have not yet raised more than $1M in dilutive funding to date and innovating in:
Black Ambition seeks to support entrepreneurs from backgrounds that have historically been overlooked by venture capital funding. To be eligible to apply, a team must have at least one founding member from such a background, including, but not limited to, backgrounds such as Black/African/African American, Hispanic/Latino/Latina/Latinx, LGBTQ, parents with earned income below the poverty level, first-generation immigrants, first-generation college graduates, and those raised by a single parent. Founders from any background traditionally overlooked in venture capital funding may apply regardless of race.
Teams applying for the Black Ambition Prize must have at least one founder or co-founder, who identifies as an underrepresented founder. A member of the founding team is defined as having a C-Suite or VP-level role. Eligible ventures must be growth-ready companies that have not yet raised more than $1M in dilutive funding to date and innovating in:
- Technology
- Healthcare
- Consumer Products and/or Services
- Media and Entertainment
- Artificial Intelligence
Why Apply?
Because it’s time to even the playing field. There’s not just space for more diverse leaders in these industries, there’s an overwhelming necessity. Your ideas and innovation, combined with the right support, will tip the scales in a way that permanently changes the landscape in these arenas. We know that building bold ideas and innovative companies requires collaboration and support.
Eligible ventures will compete for awards between $20,000 to $100,000.
Select applicants will receive the following support services.
This competition is for ventures that have shown progress against the venture concept (tested the concept, working prototype, minimum viable product). To learn more about the eligibility requirements for the Black Ambition Prize, please visit our website. For additional support to complete your application please refer to our application resource guide. Applications close May 2nd, at 9 PM ET.
Thank you for your interest in applying!
Check out Black Ambition’s 2024 Demo Day
Eligible ventures will compete for awards between $20,000 to $100,000.
Select applicants will receive the following support services.
- Growth capital
- Coaching
- Pitch, Wellness, and Leadership workshops
- Community
- Online and in-person events and funder introductions
- Cohort-based Mentorship
- Exclusive Training Opportunities with Global Brands
- Resources – Supports valued at more than $20k through partners
- Marketing, vending and product placement opportunities
This competition is for ventures that have shown progress against the venture concept (tested the concept, working prototype, minimum viable product). To learn more about the eligibility requirements for the Black Ambition Prize, please visit our website. For additional support to complete your application please refer to our application resource guide. Applications close May 2nd, at 9 PM ET.
Thank you for your interest in applying!
Check out Black Ambition’s 2024 Demo Day