This grant provides grants of $20,000 and in-kind support to USA Black female small business owners to foster the growth of their businesses.You can learn more about this grant opportunity if you are an active member.
Fearless Strivers Grant Contest
Fearless Fund and Mastercard
Important Dates
Deadline: 04/30/23 11:59 PM ET
Grant Description
Grants of $20,000 and in-kind support to USA Black female small business owners to foster the growth of their businesses. In addition to the cash grant, selected grantees will be provided with digital tools and mentorship to advance their online presence and bolster their business. The program is open to Black women who are legal U.S. residents, comply with age qualifications, and are the principal owner of a U.S.-based small business.
Additional Eligibility Criteria The Fearless Strivers Grant Contest is open only to black females who are at the time and date of entry: (1) legal U.S. residents (including D.C.); (2) eighteen (18) years of age or older (or the age of majority in their state of residence, whichever is older) (which is eighteen (18) in most states, but is nineteen (19) in Alabama and Nebraska, and twenty-one (21) in Mississippi); and (3) a principal owner of a U.S.-based small business, as described in the Official Rules at https://www.fearless.fund/official-rules. For the purpose of this Contest, a small business means a business with an annual revenue of three million dollars ($3,000,000) or less in calendar year 2022, who are authorized signing officers at said business, and whose business is physically located in the fifty (50) United States or the District of Columbia and is incorporated or otherwise considered a valid legal entity in good standing in its state of formation as of 2/1/23. For purposes of the Contest, a ‘small business’ can be organized as a sole proprietorship, partnership, corporation, or any other legal entity that employs no more than fifty (50) individuals on a full or part-time basis. Ineligible Officers, directors and employees of Fearless Fund (“Sponsor”), Mastercard International Incorporated ("Mastercard"), teamDigital Promotions, Inc. (“Administrator”) and their respective parent companies, divisions, subsidiaries and affiliates, and each of their respective agents, advertising, promotional and judging agencies of each of the foregoing, and any other entity or persons that develops, produces or distributes materials for or related to this Contest (collectively, the “Released Parties”), and members of the immediate families (defined for these purposes as including spouse, parents, grandparents, children, grandchildren, siblings, and each of their respective spouse) or households (whether legally related or not) of any of the above, are NOT eligible to enter or win this Contest. The Contest is void in U.S. territories, including Guam, Puerto Rico and where prohibited by law. Pre-Application Information There are four entry periods throughout the year. The promotion period begins on or about 12:00:00 PM Eastern Time (“ET”) on 2/1/23 and ends on or before 11:59:59 PM ET on 8/31/23 (the “Promotion Period”). Each entry period (each, an “Entry Period”) will begin at 12:00:00 AM ET and end at 11:59:59 PM ET, except for the first Entry Period which will begin at 12:00:00 PM ET. Entry Periods / Entry Period Dates #1 / 2/1/23 – 2/22/23 #2 / 4/1/23 – 4/30/23 #3 / 6/1/23 – 6/30/23 #4 / 8/1/23 – 8/31/23 Potential winners will be determined approximately ten (10) business days following the completion of the applicable Entry Period and then notified within ten (10) business days by Administrator by telephone and/or email. Prizes will be awarded to the principal owner of the small business, as submitted in the Entry. The Contest consists of an overall Promotion Period in which one (1) prize winner will be identified from amongst all eligible entries received throughout each of the individual Entry Periods. Limit one (1) Entry per Entrant, per email address, per Entry Period. If Entrant submits more than one (1) Entry during any given Entry Period, all Entries received after the first Entry will be void. Sponsor reserves the right to select fewer than four (4) winners if, in their sole discretion, they do not receive a sufficient number of eligible and qualified Entries. Any non-winning Entries received for any Entry Period will not roll-over or be included in subsequent Entry Periods. Official Rules: https://www.fearless.fund/official-rules Additional Funding Information Estimated Total Program Funding: $80,000 Number of Grants 4; the Contest consists of an overall Promotion Period in which one (1) prize winner will be identified from amongst all eligible entries received throughout each of the individual Entry Periods. Estimated Size of Grant The funding source will be awarding small businesses with $20,000 grants, digital tools, and mentorship. Contact Information Apply online: https://fearlessfund.smapply.io/prog/2023_fearless_strivers_grant_contest/ Fearless Fund 384 Northyards Blvd Atlanta, GA 30313
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