Grant Overview
Donor: digitalundivided, JPMorgan Chase
About: The BREAKTHROUGH Grant, an initiative by digitalundivided in partnership with JPMorgan Chase, is designed to support and empower entrepreneurs, particularly those from marginalized communities. This grant aims to provide not just financial assistance but also comprehensive support to help businesses grow and thrive. The program offers a $5,000 grant to each selected entrepreneur, along with mentorship, industry insights, and access to a vibrant community of entrepreneurs.
The BREAKTHROUGH Grant is part of digitalundivided's broader mission to foster inclusive innovation and economic growth. By targeting entrepreneurs with established businesses, the grant ensures that the funding goes to ventures with a proven track record and the potential for significant impact. The program is open to businesses that have been operational for at least one year and have a minimum annual revenue of $50,000.
Focus: Technology, Entrepreneurship, Business Growth, Mentorship, Networking, Marketing Strategies, Financial Management
Region: United States
Eligibility:
-Identify as a Black or Latina woman
-Have an established business registered for at least one year
-Have majority ownership of a for-profit business with demonstrated traction
-Have a technology component in the business (website or mobile app)
-Generate a minimum of $50,000 annual business revenue
-Be able to commit to two, five-hour virtual mentoring sessions per week for three weeks
Benefits:
-A $5,000 grant
-Business mentorship and guidance from industry leaders
-Access to digitalundivided’s community of entrepreneurs
-Increased visibility and recognition in the entrepreneurial ecosystem
-Business Advisory Sessions and post-program support
Terms:
-BREAKTHROUGH Grant: A grant program by digitalundivided in partnership with JPMorgan Chase, aimed at supporting entrepreneurs from marginalized communities.
-digitalundivided: A non-profit organization focused on fostering economic growth for Black and Latina women entrepreneurs through data, programs, and advocacy.
-JPMorgan Chase’s Advancing Black Pathways: An initiative by JPMorgan Chase to promote economic growth and financial inclusion for Black communities.