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BlackPeople of ColorGrantProgramClosed
Black Ambition
Black Ambition Prize
Amount
$1,000,000
Deadline
May 1, 2026
Odds
1 grand prize annually
Effort
10 weeks
Can you get this?
✓Must be a for-profit venture in specific sectors
✓Must be legally incorporated or intend to incorporate in US
✓Must have an MVP or existing customer base
✓Must have raised under $1M in dilutive funding
✓At least one founder from underrepresented background
Your real odds
One $1M grand prize is awarded annually, and past winners describe the competition as fierce.
Applications narrow from the open pool to semifinalists, then Top 50 finalists, then winners at a national Demo Day, and the field at every stage is highly competitive.
What it takes
Submit application during open window~10 weeks
Compete as semifinalist and complete mentorship
Advance to Top 50 and public voting
Pitch at national Demo Day
Worth knowing
The 2026 competition is closed, with Black Ambition focused on founders already in its ecosystem, so subscribe to their list now and wait for the next cycle to open.
What else do you qualify for?
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Select all three to see your result.
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