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