February 7th 2024.
Attention all entrepreneurs, founders, small business owners, and creators! Exciting news has just been announced – Black Girl Ventures and TikTok are teaming up to offer an incredible opportunity for growth in 2024. Last year, TikTok made a commitment to invest $1 million in support of Black Girl Ventures' mission to provide access to financial and social capital for Black and Brown entrepreneurs. Now, they have officially launched the "Innovate Together Grant Program."
This groundbreaking initiative aims to empower success, offer financial support, and foster collaborations between businesses and creators. According to a press release from BLACK ENTERPRISE, the program was created with the goal of redefining success by amplifying brand reach and building lasting legacies. If you're a small business owner, entrepreneur, or creator, this is your chance to apply for funding and connect with creative experts to take your business to the next level.
Calling all creators, creatives, and marketing experts – encourage a business you know to apply for this amazing opportunity. And for those with an active TikTok account, this could be the perfect chance to take your business to the next level. Keep in mind, to participate in the program, you must have an active TikTok account and be able to complete a project within three months of receiving the grant. This may include reporting requirements, so be prepared to put in the work!
Are you in the beauty, lifestyle, or consumer sectors? This program is specifically looking to support businesses and brands in these industries. And the best part? There will be 12 grants awarded, with options for an "Enterprise Award" of $10,000, an "Innovation Award" of $5,000, or a Community Award of $2,500. Along with the financial support, Black Girl Ventures and TikTok have outlined their goals and objectives for this program, including facilitating collaborations between entrepreneurs and content creators, providing financial support to small businesses, and helping businesses reach new audiences through creative marketing and influencer partnerships.
No matter what industry you're in – whether it's culinary, fashion, or tech – this program encourages applications from all diverse backgrounds. So if you have a unique business idea and are looking for support to make it a reality, don't hesitate to apply. Just remember, applicants must be available to attend an in-person business development training in March. The deadline to apply is February 29, 2024 at 11:59PM EST, so don't miss your chance to apply for this amazing opportunity. Good luck!
In the meantime, be sure to check out the story of a TikTok teen who went viral for her innovative hair bonnets with pockets. This just goes to show the power of creativity and the potential that TikTok has to elevate small businesses to new heights. We can't wait to see what incredible collaborations and success stories will come out of the "Innovate Together Grant Program." Stay tuned for more updates and be sure to apply now!
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