The US$50,000 fund will offer grants to Black founders in the US and UK, aged 25 and under, who have a business idea they want to get off the ground.
Courier is the defining media brand for a new generation who want to live and work on their own terms. Last month, we wrote an open letter declaring our support for Black Lives Matter. We believe that every voice raised against racism can help to make a difference, but that words must be followed by action. This fund is just one of the ways we are looking to take responsibility and address the injustices that millions of Black entrepreneurs face every day.
You must be a resident of the US or UK
You must self-identify as a Black person
You must be aged 25 or under on 1 September 2020
If you are a founder of a business, you must own at least 51% of that business
If you are a founder of a business, it must be based in the US or UK
You must complete the application process
You must be willing to have your story told in Courier’s print, audio and digital outlets
Additional requirements apply. Please see the full terms and conditions here.
Successful recipients will get a cash grant of at least US$5,000 to help bring to life the plans they’ve described in their application. Grant payments may be contingent on the winner achieving milestones determined by Courier.
Recipients will also benefit from ongoing mentorship for one year from successful entrepreneurs and have their stories told in Courier, which reaches an audience of over 500,000 people in more than 60 countries.
Applications to the Fresh Fund closed at midnight (EST) on 28th August 2020. Winners will be announced by December 2020.