2024 Prize

Closing the opportunity and wealth gap in America through entrepreneurship. 

“With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs…
Pharrell Williams
…and close the opportunity and wealth gaps derived from limited access to capital and resources.”
Founder of Black Ambition
Prize Winners
HBCU Prize
Monocle is a social reading platform that merges the joy of reading with the power of community. By reading on our iOS or Andriod app you can share notes directly within your e-book or discover perspectives from others, presenting opportunities for human connection without putting down the book. We seek to enrich the reading journey for all by establishing a connected and informed global community of learners.
Black Ambition Prize
“Upon a child’s diagnosis with a disability, the process of crafting federally safeguarded Individualized Education Plans (IEPs) in educational institutions becomes necessary to assess their academic and therapeutic requirements. Expert IEP is a parent-facing app that optimizes existing IEP’s with predictive AI. We empower parents of students who think and learn differently to navigate the special education process, advocate for their children, and secure the education bag.”
Our Manifesto
BLACK AMBITION is a set of Prizes to fund bold ideas and companies led by Black and Hispanic entrepreneurs.
BLACK AMBITION is reducing barriers to capital and bridging the wealth gap through entrepreneurship.
BLACK AMBITION provides applicants with resources and access to a network of business leaders.
BLACK AMBITION joins the wave of efforts to open opportunity for Black and Hispanic founders.
BLACK AMBITION, these are united stakes.

Among founders of VC-backed companies, only 3% are Black or Hispanic.


Black and Hispanic people make up ~30% of the U.S. population, but only ~20% of its entrepreneurs.


If Black and Hispanic people were supported to succeed as entrepreneurs at the same rate as white people, the United States could add 1.1M new businesses and 9M new jobs to the economy.

“With Black Ambition, the goal is to help strengthen…
Pharrell Williams is continuing his dive into philanthropy…
Pharrell Williams has announced Black Ambition,…
“We need a voice. We have the smallest slice of the…
The organization offers mentorship, pitch feedback…
Over the course of his three decades in the music…
Producer and rapper Pharrell Williams is coupling…
Pharrell does it all, including offering much-needed…
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