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2023 Famous Amos Ingredients for Success Initiative for Black-owned Businesses


Famous Amos has launched the Ingredients for Success Initiative to create pathways for Black business owners to thrive.

Donor Name: Famous Amos

State: All States

County: All Counties

Type of Grant: Grant

Deadline: 06/25/2023

Size of the Grant: $50,000


Ingredients for Success (IFS) Entrepreneurs Initiative is a national grant competition hosted by Famous Amos. The competition is exclusive to U.S. Black-owned small businesses and start-ups. As of 2023, Ingredients for Success is in its third year. Each year, or cycle, awards three Black-owned business owners with $50,000 capital grant and a suite of entrepreneurial tools, mentorship, and resources from the program’s community partner, the National Black Chamber of Commerce.

Funding Information

Ingredients for Success is a grant and mentorship program awarding a total of $150,000 to three entrepreneurs ($50,000 each).

Eligibility Criteria

To be eligible for the Ingredients for Success Entrepreneurs Initiative, businesses must be:

  • At minimum 90% Black-owned
  • In business for five years or less as of May 17, 2023
  • Headquartered in the United States (excluding Puerto Rico, the U.S. Virgin Islands, and other Commonwealths, Territories, and Possessions).
  • Businesses must be owned by owners at least 21-years-old at time of application. Franchise businesses are not eligible.

For more information, visit Famous Amos.

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