The Black Ambition Prize.
Black Ambition acknowledges the pathway to capital for talented entrepreneurs has not been equitable. Our objective is to help change that and to open opportunity to ideas that will shape the future. The Black Ambition Prize is a tiered opportunity to compete for $1,000,000 and learn with a network of talented founders and business leaders across sectors.
- The Black Ambition Prize is for ventures that have shown progress against the venture concept (tested the concept, working prototype, minimum viable product) and have raised no more than $1M in dilutive funding.
- This is a tiered prize and multiple teams will also be selected for funding at different levels.
- Prizes will be awarded as cash and, in some instances, investments. Any earnings from investments will be used to support Black Ambition’s ability to offer Prizes to future entrepreneurs.