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Homework answers / question archive / The BOSS Network and Sage's Invest in Progress Grant “Black women are starting businesses at the fastest rate of any other racial group, yet despite the growing number of businesses minority women are left out when it comes to access to capital

The BOSS Network and Sage's Invest in Progress Grant “Black women are starting businesses at the fastest rate of any other racial group, yet despite the growing number of businesses minority women are left out when it comes to access to capital

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The BOSS Network and Sage's Invest in Progress Grant
“Black women are starting businesses at the fastest rate of any other racial group, yet despite the growing number of businesses minority women are left out when it comes to access to capital. The best way to encourage Black female founders is to invest in them and give them resources needed to make their businesses successful.” - Cameka Smith, BOSS Founder
The BOSS Network is proud to launch the BOSS Impact Fund’s “Invest in Progress” grant in partnership with Sage, the global market leader for technology that provides small and medium businesses with the visibility, flexibility, and efficiency to manage finances, operations, and people. As a part of a three-year investment fund to impact and knock down barriers for Black female entrepreneurs.

For our inaugural program, Sage will invest $10,000 in grants for 25 Black female business owners. In addition, The BOSS Network and Sage will provide 1-year of monthly mentorship through the BOSS Business University, marketing for each business, and guidance to help Black women achieve their goals with everything that’s needed to successfully start and grow a business.

Applications are open now through February 25, 2022, at 6 PM ET. For a full list of eligibility requirements, be sure to read the Terms and Conditions. Questions? Be sure to check out the FAQs and watch this info session!

Ideal Candidate
You are a Black, women-identifying founder in the first five years of your entrepreneurial journey. You are purpose-driven. You know who your customers and/or clients are, and you are committed to delivering exactly what they need when they need it. You let nothing stand in the way of your progress, and today you are ready to invest in the most important person of all - yourself.

How would you describe your business? What are the products and/or services you offer? Max 150 words.

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Please elaborate on your biggest obstacle or challenge in two sentences or less. *

 
Please elaborate on how you intend to use this grant funding. Be as specific as possible. Max 200 words. *


Tell us more about you. Why did you become a small business owner? What is the origin story of your business? Please be as specific as possible. Max 250 words.

 
What impact do you plan to have in the lives of the customers and/or clients you serve? Please be as specific as possible. Max 250 words.

Who is your current target market and how does the product/service you are providing meet their specific needs? Max 250 words.

We want to hear what makes you proud of your business. Have you received any business awards or accolades to date? What would you consider to be your biggest accomplishment? Max 250 words.  *

 
How important is having access to business mentoring to you? Max 250 words. *

 

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