Funding available for Early-stage Black Women

Ìpàdé has established the Tanna Fund, a giving circle that awards microgrants to early-stage Black women and gender-expansive innovators who need capital and support to launch their transformative business idea in the Washington, DC metro area. Donor Name: Ìpàdé State: Maryland, Virginia County: All Counties Type of Grant: Program Deadline: (mm/dd/yyyy) 08/31/2024 Size of the Grant: $1000 to $10,000 Grant Duration: Grant Duration Not Mentioned Details: Through the Tanna Fund, they are contributing to the growth and success of Black innovators with bold ideas. Black women are the fastest-growing group of entrepreneurs, but for various historical and current reasons, including systemic racism, they earn less and have difficulty securing funding. Black business owners who apply for funding are more likely to get rejected than white business owners, and this significantly reduces their ability to build and sustain a business. The Tanna Fund will award microgrants to early-stage Black women and gender-expansive innovators in the Washington, DC region. Eligibility Criteria The Tanna Fund is eager to review applications from entrepreneurs who meet the following eligibility criteria.  The entrepreneur identifies as a woman or a gender-expansive person  The entrepreneur also identifies as Black or of African Descent  The business structure has been established (e.g., LLC, S-CORP, etc) OR will be formally established in the next 6 months  The business has received less than $5,000 in grant funding  Business is based in Maryland, Virginia, or Washington, DC For more information, visit Ìpàdé.