projects to diversify entrepreneurship – Aug 9

Posted by Nasdaq Foundation on July 2, 2024

Nasdaq Foundation invites applications for projects to diversity entrepreneurship

Established in 1994, the Nasdaq Foundation supports underrepresented communities by reimagining investor engagement and equipping communities with the financial knowledge needed to share in the wealth that markets create.

The foundation invites applications to its quarterly grant program. The foundation will award funding in the following focus areas:

1) Empowering organizations that equip 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 enhance financial literacy among women and under-represented communities and those that improve access to knowledge and tools among women and under-represented communities.

2) Supporting entrepreneurs who promote diversity 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 improve access to capital.

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: August 9, 2024