Application is open for The Catalyst Fund for Black-identifying Entrepreneurs online at the official website of helloalice. every eligible entrepreneur can apply for the catalyst fund grant program. the grant size of the program is $5K. the deadline for the Catalyst fund application is 31 march.
The Catalyst Fund for Black-Identifying Entrepreneurs: Mastercard is providing $5,000 grants to support black entrepreneurs based in several locations, including Birmingham, Dayton, Los Angeles, Atlanta, New Orleans, NY City, St. Louis, and Washington, DC, with the partnership of the Global Entrepreneurship Network (GEN) and Hello Alice. This grant will help all black entrepreneurs in achieving their next destination.
Overview of The Catalyst Fund
| Organization | Global Entrepreneurship Network (GEN) and Hello Alice |
| State/cities | Selected states |
| Program for | $5K Grants: The Catalyst Fund |
| Grant Type | The Catalyst Fund |
| Deadline | 31 March 2023 |
| Grant Size | $5000 Grants |
| Official Grant website | https://helloalice.com/partners/mastercard/catalyst-fund |
The Catalyst Fund Program is sponsored and administered by Circular Board, Inc. dba Hello Alice, Mastercard, and the Global Entrepreneurship Network, Inc. (GEN) (“Sponsors”).
Eligibility Criteria for The Catalyst Fund
Mastercard will award $175,000 in grants to all eligible black entrepreneurs across the United States. However, to be eligible for $5K grants from The Catalyst Fund, applicants must have met the given eligibility criteria.
- Have a profit business located in Atlanta, Birmingham, Dayton, Los Angeles, New Orleans, New York City, St. Louis, and/or Washington, D.C.
- To be majority-owned (51+%) by a Black-identifying entrepreneur.
- Have 1 to 10 employees (including yourself).
- Have a clear strategy on how the fund will help achieve a business milestone.
Document Requirement for The Catalyst Fund
Some requirements are needed to apply during applicaiton and for verification purposes.
- Your personal information.
- Contact information
- Government issues identification such as SSNs, Green cards, and others.
- Business Information and employee details
- And others.
How to Apply for The Catalyst Fund?
To apply for The Catalyst Fund for Black-identifying Entrepreneurs for $5k fund, follow the simple steps below:
- Go to the official website of helloalice through this link.
- Click on the Apply Now button.
- Create your account if you are a first-time user, you need to provide your email and password only.
- Otherwise, you can log in using Google, Facebook, and Apple ID.
- Once you log in to your account, please Fill out the application with all essential information.
- Finally, Review your details and submit the application.
For more information please visit the official website of helloalice.com, you can go through the given link.
