MBN USA

December 13, 2022

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The Fifteen Percent Pledge Achievement Award provides Black-owned businesses opportunity for $200,000 grant

The Fifteen Percent Pledge recently announced the launch of its first-ever Achievement Award - a $200,000 grant that will be presented to a rising Black entrepreneur at its second annual Gala in February 2023. Black business owners can apply for a grant now through December 31st. The Pledge will also present two finalists with respective grants of $35,000 and $15,000.

The application consists of joining the Pledge's Business Equity Community and submitting 4 short video responses. You can find the application, as well as the full list of guidelines, at https://15percentpledge.org/award.

The Fifteen Percent Pledge is a call to action for major retailers and corporations to join us in creating sustainable and supportive ecosystems for Black-owned businesses to succeed. We work with companies to comprehensively re-evaluate their org structures, ways of working, funding, and resourcing in order to implement meaningful change and create greater equity for Black businesses.

About the Pledge

The Pledge is an invitation to retailers to give their valued community what they are asking for: variety and economic equality. The Pledge allows us to learn and grow together, led by a sustainable model for long-term change.