Deadline: 24-Oct-21
The Kwanda has announced grants for Black-owned small businesses in the UK.
Types of Awards
The following awards are available:
- Kickstarter Award x 5 – £1,000 each to kickstart a new idea: The Kickstarter award is to support early-stage entrepreneurs to test and validate their new business ideas. Founders will be able to use it for any purposes that support the development of their business idea.
- Boost Award x 3 – £5,000 each to scale up operations: The Boost Award is to support innovative black-owned small businesses to scale their operations. Founders will be able to use it for any purposes that support the scaling and growth of their businesses.
Funding Information
- They are investing £20,000 of that funding directly into Black-owned small businesses in the UK.
- Selected founders will receive £1,000 or £5,000 in grants, along with an offer of additional support and mentorship via your startup your story (YSYS), a startup community dedicated to connecting diverse people with opportunities in tech.
Eligibility Criteria
- Kickstarter Award x 5 – £1,000 each to kickstart a new idea
- You are black and/or mixed-race entrepreneurs building a new idea
- You are based in the UK
- Your idea has generated less than £10,000 in revenue to date
- Boost Award x 3 – £5,000 each to scale up operations
- You are black and/or mixed-race entrepreneurs building a small business
- You are based in the UK
- Your annual revenue is below £100,000
For more information, visit https://kwanda.co/projects/20-000-grant-fund-for-black-owned-small-businesses-in-the-uk/
