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Congratulations 2025
Prize Winners

Uninterrupted Ambition,
Unmatched Impact

Celebrating Underrepresented Founders Globally

2024 Black Ambition Impact Report

Congratulations 2025 Finalists

2025 Prize
Competition

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“With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs…
Pharrell Williams
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…and close the opportunity and wealth gaps derived from limited access to capital and resources.”
Founder of Black Ambition
2025
National Track
UfarmX is an AI-powered agri-fintech platform that helps farmers access collateral-free credit, quality inputs, and reliable markets. We license our patented credit-scoring technology to banks, cooperatives, and agribusinesses, enabling them to digitize and scale rural lending through a plug-and-play API. With over 7,000 farmers onboarded and $3.5M+ in GMV, we’re building the financial infrastructure to unlock inclusive, profitable agriculture.
2025
National Track
SULA LABS is a B2B beauty innovation engine that closes inclusivity gaps in beauty product development by creating & clinically testing skincare products for beauty brands that focus on melanin-rich consumers and those with textured hair. We believe that the future of inclusive beauty is R&D-led.

Our Manifesto

BLACK AMBITION is a set of Prizes to fund bold ideas and companies led by underrepresented 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.
Entrepreneurship

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

Ownership

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

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Economy

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.

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“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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