Black Ambition Prize Competition - Early stage startups

The Black Ambition Prize provides a platform for eligible entrepreneurs to access growth capital, pitch feedback, and mentorship. Eligible applicants consist of Black and Latinx founders building across these distinct categories: Consumer Products and Services, Media and Entertainment, Healthcare, Tech, and Web 3.0.

Businesses in the field of consumer products and services*, healthcare, technology, Web 3.0 ventures, and/or media and entertainment are eligible to apply.

• Consumer products and services: “Businesses that sell goods sold to consumers for their own use or enjoyment and not as means for further economic production activity” (Source: Investopedia) Consumer products include consumer packaged goods, home goods, food/beverage, and fashion/apparel, but does not include music
• Healthcare: “Businesses that provide medical services, manufacture medical equipment, provide medical insurance, or otherwise facilitate the provision of healthcare to patients”
• Tech: “Businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology” (Source: Investopedia)
• Media & Entertainment: Businesses focused on meeting consumer needs in creative industries inclusive of cinema, television, radio, theater, publishing, gaming, advertising and music.
• Web 3.0: Businesses offering web-based products or services that leverage artificial intelligence, speech recognition, the metaverse, cryptocurrency, NFTs, and/or augmented or virtual reality technologies to empower internet users to search for, organize, and process data.

Note: Black Ambition is not focused on highly capital-intensive businesses that require significant long-term investment (e.g., biotechnology, pharmaceuticals)

• Others (see text field entitled "Additional Eligibility Criteria" for clarification)