diversity entrepreneurship – Nov 10

Posted by Nasdaq Foundation on October 24, 2023

Nasdaq Foundation invites applications for projects to diversity entrepreneurship

The Nasdaq Foundation supports women and underrepresented minority communities by reimagining investor engagement and leveraging investment in the Nasdaq Entrepreneurial Center alongside new strategic partnerships.

The foundation invites applications to its quarterly grant program, which strives to accelerate progress in diversifying entrepreneurship and empowering a more diverse group of investors. It is accepting grant requests for programs that align with its mission. The foundation will award funding in the following areas of focus:

Empower: Empower diverse investors with the financial knowledge and confidence they need to share the wealth that markets can create. Grants will be awarded to organizations and programs that impact women and underrepresented communities in one or more ways: enhancing financial engagement and improving access to knowledge and tools.

Support: Support diverse entrepreneurs with the resources to strengthen and scale their businesses and contribute to the prosperity of society. Grants will be awarded to organizations and programs that impact women and diverse founders in one or more ways: providing mentorship and resources and diversifying capital markets engagement.

Collaborate: The foundation will collaborate with organizations that can help build a deeper, data-led understanding of where the challenges are greatest, what existing efforts could be amplified, and how the foundation can make new and distinctive contributions.

While there is no set minimum or maximum grant amount, the average size of a grant made by the foundation is $75,000.

Eligible applicants include tax-exempt organizations as defined by section 501(c)(3) of the Internal Revenue Code and for-profit businesses or consultants acting on behalf of a qualified tax-exempt entity. If a grant is awarded, a representative of the tax-exempt entity must sign the grant agreement, and the grant will be paid to the tax-exempt entity.

For complete program guidelines and application instructions, see the Nasdaq Foundation website.

Deadline: November 10, 2023