BLACK AMBITION PRIZE COMPETITION OPEN

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2024 Black Ambition Demo Day (Source: Black Ambition)

THE FIFTH ANNUAL BLACK AMBITION PRIZE COMPETITION FOR UNDERREPRESENTED FOUNDERS

Are you a founder or co-founder struggling to find funding and support for your startup with proven scalability?

Pharrell Williams, Grammy-winning musician, songwriter, producer, and fashion designer, announced in Late February the drop of their 2025 Black Ambition Prize Competition. A nonprofit organization geared towards uplifting underrepresented entrepreneurs through capital, mentorship, business development, networking, and more in a 12-week program for the top 20 finalists selected.

Eligible applicants will compete for a grand prize between $20,000 and $100,000, including a plethora of resources and services that will set them up for success.

WHO CAN APPLY

“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.”

Eligible Business Categories:

  • AI
  • Tech
  • Consumer Products and/or Service
  • Entertainment
  • Healthcare
  • Media

If you believe you have what it takes, Applications close May 2nd at 9 PM ET. For more information and to view past winners, head to blackambitionprize.com and apply here.

SOURCE: Black Ambition