Fresh Fund now accepting applications for black business owners in the UK and US with great ideas to start or grow a business (application deadline: 31 August 2021)

London-based media brand The Courier is currently accepting applications for the Fresh Fund for black business owners in the UK and US who have great ideas to start or grow a business.

The Courier Fresh Fund is a US $150,000 fund of cash grants for black business owners in the UK and US who have great ideas to start or grow a business. Winners will receive a cash grant between US $5,000 and US $25,000 to use towards a key activity in starting or growing their business. In addition to the grant, winners will participate in the Fresh Fund program, which includes one-on-one mentorship from a relevant founder and a series of masterclasses.

The Fund’s objective is to help make a difference in the lives of young black business founders who are looking for an opportunity to get going, or to move their fledgling business to the next level but who could use some assistance. The Fund will make grants of varying amounts to black founders aged 35 and under who are building small businesses based in the UK or US.

Funding Information
Cash grants ranging from US $5,000 to US $25,000 (£3,630 to £18,149).

Applicants must:
o Be a resident of the US or UK.
o Self-identify as black.
o Be aged 35 or under on 1 September 2021.
o Complete the application process.
o Be willing to have your story told in Courier’s print, audio and digital outlets, and
o Have a business based in the UK US if the person submitting an application is the founder of a business.

If selected for the programme, applicants will be expected to sign up for the following:
o Commitment to a six-month program involving 1:1 mentorship and monthly masterclasses.
o Attending monthly check-ins with the Courier team – each month they will host a group Zoom session to catch up on what you and the other Fresh Fund participants have been working on.
o Attending masterclasses – the monthly check-ins will be directly followed by an informative session on a relevant business topic or skill led by an expert agency or consultant.
o A monthly call with your assigned mentor – they will be carefully selecting a mentor with relevant experience who you can consult for feedback and advice related to your business, and a
o Willingness to share business updates when asked – they did like to update the audience and network with updates on your business’ progress throughout the six-month program.

The deadline for applications is Tuesday 31 August 2021.

For further information about the programme and how to apply, visit the Courier website.