We are thrilled to announce 250 exceptional Semifinalists of the 2024 Black Ambition Prize Competition. At Black Ambition, we are dedicated to supporting underrepresented entrepreneurs, and our mission is to bridge the racial opportunity and wealth gap by fostering environments where innovation can flourish.  This year, we have seen an unprecedented number of applications, each reflecting the extraordinary talent, innovation, and creativity within our community. With the invaluable insights of prominent business leaders, venture capitalists, and experienced entrepreneurs, we’ve rigorously reviewed each application, identifying 250 semifinalists. Representing a wide spectrum of industries including consumer products and services, media and entertainment, healthcare, technology, and AI, these visionary founders have shown remarkable potential and commitment to positive change. Their ventures are poised to reshape industries, open new opportunities, and contribute to a more equitable society. In our commitment to support their entrepreneurial journey, we are excited to offer the semifinalists a place in the Black Ambitionist Mentorship Program, in collaboration with Cinematica Labs. This comprehensive 3-month program will equip them with strategic connections, specialized programming, and advanced tools designed to enhance their business growth, build resilient networks, and support their well-being. The 2024 Semifinalists have not only impressed us with their innovative ideas but also with their dedication to creating significant community impact. As we continue to champion the cause of nurturing Black and Hispanic entrepreneurial excellence, we remain devoted to elevating these voices, overcoming obstacles, and cultivating the next wave of business leaders. Celebrate the passion, resilience, and entrepreneurial spirit of the 2024 Black Ambition Semifinalists with us. Explore their groundbreaking products and services by visiting their websites and connecting with them on social media.

Today, Black Ambition, an organization dedicated to fostering the success of Black, Hispanic, and HBCU entrepreneurs, proudly announces its fourth annual Black Ambition Prize Competition is now open for applications for the 2024 prize cycle. The annual prize competition serves as a platform for innovation and aims to bridge the racial wealth gap by empowering underrepresented founders.

Pharrell Williams’ Black Ambition, the non-profit initiative dedicated to supporting Black and Hispanic entrepreneurs, has awarded $1 million dollars to Antoinette Banks, CEO and Founder of Expert IEP, a parent-facing app that optimizes existing Individualized Education Plans with predictive AI for children diagnosed with a disability, as the Grand Prize Winner of its 2023 Prize competition at the third-annual “Demo Day” event held on Thursday, November 9th at Spring Studios in New York, NY.

Black Ambition announces the 2023 Finalists – In our relentless pursuit of reducing barriers to capital and closing the racial wealth and opportunity gap, we proudly present the 2023 Black Ambition Prize Finalists. This competition consists of two prestigious tracks: The General Prize track and the HBCU Prize track, both crafted to empower Black and Hispanic entrepreneurs with the resources they need to turn their bold ideas into reality.

Black Ambition is proud to unveil the cohort of Semifinalists for the 2023 Black Ambition Prize Competition. As an organization dedicated to fostering the success of Black and Hispanic entrepreneurs, we continue to create spaces where innovation thrives and the racial wealth gap is bridged.

The Non-Profit Initiative Backed by Adidas, Lennar Foundation, the Chan Zuckerberg Initiative, Visa Foundation, Heineken, Chanel and More Aims to Close the Opportunity and Wealth Gap by Empowering Black & Hispanic Entrepreneurs Through its Black Ambition Prize

Black Ambition, Techstars, and the Thurgood Marshall College Fund are collaborating to gather undergraduate and graduate students studying across disciplines at Historically Black Colleges and Universities (HBCUs) to experience the highs, lows, fun, and pressure that make up life at a startup. Students will ideate, learn to validate business ideas, and create real companies with support from the very best mentors, investors, and seasoned entrepreneurs – all of whom are committed to bridging the wealth and opportunity gap by investing in Black entrepreneurs at an early stage.

Three weeks into her pregnancy, Barbara Jacques found out she had a tumor four times the size of her ovary that put both her and her baby at risk. Stunned, she began researching, and discovered studies that showed Black women are disproportionately exposed to toxic chemicals through beauty products, and this is often linked to reproductive disorders.

Pharrell Williams’ Black Ambition announces top prize winners, closes out mighty dream awarding $2.5M over 3-day forum in Virginia.

Black Ambition founder Pharrell Williams and CEO Felecia Hatcher announced the winners of the 2022 Black Ambition Grand Prize and HBCU Prize

Join Black Ambition and Mighty Dream Forum in Norfolk, VA from November 1-3, 2022 for a gathering of like minded organizations dedicated to creating more positive financial outcomes for Black and Hispanic entrepreneurs.

Black Ambition is reducing barriers to capital and bridging the wealth gap through entrepreneurship. The Black Ambition Prize competition is a set of two prizes, The General Prize track and HBCU Prize track, designed to fund bold ideas led by Black and Hispanic entrepreneurs. This year’s cohort of 249 semifinalists are half way through their 3-month Futurist Mentor program, an initiative that provides founders with peer-to-peer learning, curated training opportunities, and networking opportunities. Today, we are excited to announce the top 50 finalists across both the General and HBCU Prize tracks.

Black Ambition creates the space and conditions for Black and Hispanic entrepreneurs to excel, uninterrupted. Through two separate annual Prize competitions, Black Ambition invests capital and resources in high-growth startups founded by Black and Hispanic entrepreneurs innovating across consumer products and services, media and entertainment, healthcare, technology and Web 3.0. At Black Ambition, we see a future where ideas flourish, pathways to success are elevated, and more Black and Hispanic entrepreneurs are better positioned to build generational wealth as we further our mission of closing the racial wealth gap.

Black Ambition and Mosaic Genius announce the Gathering on the Vineyard Prize Competition, an opportunity for Black and Hispanic entrepreneurs to pitch their business ventures for a chance to win access to mentorship and growth capital.A panel of expert judges will award $20k to the top three applicants. The grand prize winner will receive $10,000, the second place winner will receive $7,000, and the third place winner will receive $3,000.Black Ambition is a non-profit initiative founded by Pharrell Williams, a visionary recording artist, philanthropist, and entrepreneur, working towards closing the opportunity and wealth gap for Black and Hispanic communities through entrepreneurship. During the inaugural Black Ambition prize competition in 2021, Black Ambition provided more than $3M to 34 founders who have since gone on to raise more than $50M in the past year.Mosaic Genius is a social impact agency focused on solutions addressing racial equity gaps across education, health and economic sectors. For the past decade, Mosaic Genius has been the largest premiere convener of the best and brightest in the black community working at the intersection of social impact and wealth building. This focus has resulted in attracting investment and philanthropic partners representing over $3 billion in assets.Businesses must be operating/residing in Martha’s Vineyard and/or in Boston, MA to be eligible to apply.Applications open on July 15, 2022 and close on August 1, 2022 at 5pm PT.Apply today: https://bit.ly/3o7wkmh

The adidas x Black Ambition Inglewood Prize Competition in partnership with Sonder Impact is providing a platform for Black and Hispanic entrepreneurs in Inglewood to access growth capital, pitch feedback, and entrepreneurial training. This Competition is part of the Black Ambition x adidas Opportunity Week which seeks to activate the 2022 Super Bowl beyond the field by providing empowering experiences for members of the Inglewood community.