The New Voices Foundation will host a $150,000 POWER PITCH at the ESSENCE Festival of Culture in New Orleans.
Donor Name: New Voices Foundation
State: Louisiana
City: New Orleans
Type of Grant: Competition
Deadline: 06/18/2023
Size of the Grant: $75,000
Grant Duration: 1 year
Details:
This in-person pitch competition will award one (1) grand prize of $75,000; one (1) $50,000; and one (1) $25,000 cash grant, combined with personalized business skills development, coaching, and mentoring for six months post-competition.
Winners will be guaranteed placement in the Fall 2023 Madam CJ Walker PACE (Purpose. Access. Capital. Expertise.) Bootcamp powered by Babson College, helping to ensure the long-term viability and sustainability of their businesses.
Criteria
Businesses must meet the following criteria to qualify for the competition (REVIEW THE CRITERIA BEFORE APPLYING):
- Majority ownership by a Black woman (must own at least 51% of the business unless in a partnership)
- Business owner must be at least 18 years old
- Legal U.S. resident
- Incorporated business for at least ONE year
- MINIMUM annual revenue of $50,000
- Cannot have had any outside investment(s) of more than $200,000 AND no institutional investors
- Significant evidence of market validation and customer traction
New Voices pitch competitions are only open to companies that have NOT previously won a pitch competition presented by New Voices.
For more information, visit New Voices Foundation.