Philadelphia Black Entrepreneurs Grant

Funded by
Mechanism Ventures
Learn more about the Donor
$1,000
1 winner
Open
Application Deadline
Jun 11, 2021
Winners Announced
Jul 11, 2021
Education Level
Any
2
Contributions
Eligibility Requirements
Ethnicity:
African American
Ethnicity:
African American

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.

From small businesses to venture-scale companies, entrepreneurship is an impactful and enduring way that communities move forward, but the funded entrepreneurs in the US do not reflect the diversity of our country.

In an effort to work towards a more equitable country, the Mechanism Ventures team is funding 15 grants for Black students and recent graduates across a wide variety of fields where opportunity is not equal.

Thanks to the contributions of our Philadelphia-based team members, the Philadelphia Black Entrepreneurs Grant will be awarded to a Black entrepreneur from Philadelphia at any education level who is currently building or who aspires to build a new business.

Current or aspiring Black 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 would have for them.

This scholarship is part of the Mechanism Ventures Impact Grants Series.

Diversity and Inclusion
Selection Criteria:
Impact, Drive, Business Plan
$1,000
1 winner
Open
Application Deadline
Jun 11, 2021
Winners Announced
Jul 11, 2021
Education Level
Any
2
Contributions

Scholarship application

Essay Topic

Please tell us a bit about yourself. What do you hope to achieve with the business you're building (or aspiring to build)? What are you doing to reach those goals?

500–1000 words

FAQ