Grant, Program

Grant, Program

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

IFS Entrepreneurs Initiative

IFS Entrepreneurs Initiative

$50,000 per winner; 3 winners per annual cycle (plus mentorship and networking access)

·

The 2026 application period closed June 1, 2026. Winners announced July 27, 2026. Check the funder's site for the 2027 cycle.

AMOUNT

$50,000 per winner; 3 winners per annual cycle (plus mentorship and networking access)

AMOUNT

$50,000 per winner; 3 winners per annual cycle (plus mentorship and networking access)

DEADLINE

The 2026 application period closed June 1, 2026. Winners announced July 27, 2026. Check the funder's site for the 2027 cycle.

DEADLINE

The 2026 application period closed June 1, 2026. Winners announced July 27, 2026. Check the funder's site for the 2027 cycle.

FUNDING TYPE

Grant, Program

CAN YOU GET THIS?

You must be a Black small business owner in the United States.

You must be a Black small business owner in the United States.

The program targets early-stage Black-owned businesses. There are no stated industry or revenue restrictions in the source.

The program targets early-stage Black-owned businesses. There are no stated industry or revenue restrictions in the source.

YOUR REAL ODDS

Only 3 winners are chosen nationally from all applicants, making this highly competitive.

Applications go through a two-round process: a panel first selects 10 finalists from video pitches, then 3 winners are chosen from those finalists. The program is national and open to all industries.

WHAT IT TAKES

  1. Record and submit a short video pitch application — 1-3 hours

  2. If selected as a finalist, prepare for the second round of judging — Ongoing after finalist announcement

  3. Winners announced July 27, 2026 — N/A

WORTH KNOWING

The funder publishes a 'Judges' Best Practices Guide Video' each cycle — reviewing it is a concrete way to align your pitch with what the panel is looking for. USBC also offers free application-prep resources including business counseling and virtual training.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

Explore the funding database →

$19/month · cancel anytime