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THIS IS

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Pharrell Williams is a visionary recording artist, producer, songwriter, philanthropist, fashion designer, entrepreneur, and founder of Black Ambition. He has been a creative force in the music industry and beyond for more than two decades.

The Mission

THE TRUTH IS, BLACK AMBITION IS LIMITLESS

Access is not. Black Ambition is a non-profit initiative working to close the opportunity and wealth gap through entrepreneurship. We invest capital and resources in high-growth startups founded by Black and Hispanic entrepreneurs. We believe entrepreneurs historically left out of traditional investment funnels are building the companies of tomorrow.

WE ALL HAVE A UNITED STAKE IN THE OPENING OPPORTUNITY.

Denetrias “Dee” Charlemange, CEO of Avec Drinks, 2021 Black Ambition Prize Winner

The Prize

The Black Ambition Prize.

Black Ambition’s goal is to fund bold ideas, and to help reduce barriers to capital. Black and Hispanic entrepreneurs will be eligible to receive mentorship and win up to $1,000,000 in funding.

The Black Ambition HBCU Prize.
Black Ambition recognizes HBCUs are vital engines of economic opportunity with important legacies. By tapping into the vibrant and brilliant HBCU community, we will help to fund high potential ideas with our capital that can spark and support the next generation of successful entrepreneurs.

Program Timeline

The application period is open for two and a half months. Selected semifinalists then participate in a mentorship cohort refining their application and advancing their business. Grand prize winners are announced at the Black Ambition Demo Day. Our Unique Black Ambition prize process at a glance.

February 24th, 2025

Application Opens

May 2nd, 2025

Application Closes

June 2025

Semi-Finalists Announced

July 2025

Black Ambitionist Mentorship Program kick off

September 2025

Top 50 Finalists announced

September 2025

Public Voting Competition

November 2025

Winners announced at National Demo Day Celebration

Please fill out the form below to get access to our Impact 100 Report.