Grant, Program

Grant, Program

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Black Ambition Prize

Black Ambition Prize

$1,000,000 grand prize, awarded annually

·

2026 applications are closed; next cycle not yet announced.

AMOUNT

$1,000,000 grand prize, awarded annually

AMOUNT

$1,000,000 grand prize, awarded annually

DEADLINE

2026 applications are closed; next cycle not yet announced.

DEADLINE

2026 applications are closed; next cycle not yet announced.

FUNDING TYPE

Grant, Program

CAN YOU GET THIS?

You must be a US-based for-profit startup with at least one founder from a historically overlooked background, an MVP, and under $1M raised.

You must be a US-based for-profit startup with at least one founder from a historically overlooked background, an MVP, and under $1M raised.

The lead founder must be a legal US resident. At least one founding member must come from an underrepresented background—Black, Hispanic/Latino, LGBTQ, first-gen immigrant, first-gen college grad, or similar. Your startup must operate in tech, AI, consumer products, healthcare, or media/entertainment.

The lead founder must be a legal US resident. At least one founding member must come from an underrepresented background—Black, Hispanic/Latino, LGBTQ, first-gen immigrant, first-gen college grad, or similar. Your startup must operate in tech, AI, consumer products, healthcare, or media/entertainment.

YOUR REAL ODDS

The competition is fierce and openly described as such by past winners—one grand prize of $1M is awarded annually.

The process narrows from open applications to semifinalists, then Top 50 finalists, then winners at a national Demo Day. Past winners note the field is highly competitive.

WHAT IT TAKES

  1. Submit application during the open window — Applications open ~10 weeks

  2. Compete as a semifinalist and complete mentorship program — July–August

  3. Advance to Top 50 and public voting round — September

  4. Pitch at national Demo Day for final prize decision — November

WORTH KNOWING

The 2026 prize competition is closed—Black Ambition is not accepting new applications and is focusing on founders already in its ecosystem. Subscribe to their list to be notified when the next cycle opens.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

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