Subscribe our Weekly Newsletter
Applications Invited for KKR Small Business Builders Grants Program
Organization: KKR
Apply By: 30 Sep 2021
Grant Amount: 10000 USD
About the Organization
For more than 40 years, KKR has strived to build better companies and better futures for our investors. At our core, building better is what we aim to do.
We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. All big businesses were once small businesses, and while KKR’s day to day focus is investing in and growing large companies, we recognize the critical importance of small businesses. They are important. And right now, due to the impacts of COVID-19, many of them are in crisis.
In response, KKR is proud to launch the KKR Small Business Builders fund. KKR Small Business Builders will provide recovery grants to local companies in communities around the world. We believe that now is the time to invest in our neighborhoods and neighbors in a new way. We believe that, together, we can be builders.
About the Grant
Created as a key pillar of KKR's COVID-19 Relief Effort, KKR Small Business Builders (SBB) aims to support entrepreneurs and their small businesses around the world. The grants are designed to help business owners sustain their enterprises, maintain or create jobs, and spur economic opportunity as they respond to the ongoing COVID-19 crisis and recover from its resultant economic dislocation. KKR Small Business Builders will support companies in three key ways:
- Provide access to capital through a series of $10,000 grants to selected small businesses in our communities
- Offer technical support to small business owners through a range of mentoring and coaching opportunities with KKR employees
- Connect small businesses to a network of resources and a thriving online community through our partners at Hello Alice
Our Broader Work
The KKR Small Business Fund is an element of KKR’s larger COVID-19 Relief Fund. Launched in April 2020, The Relief Fund aims to support businesses, communities, and individuals most impacted by the pandemic and resultant economic dislocation.
We aim to be part of the solution to the challenges facing our shared communities in three areas that are important to the firm and central to our broader Citizenship approach:
Supporting Our Communities: with funding focused on food security, safe housing, public health, and humanitarian relief
Creating Meaningful Opportunities: by advancing workforce recovery efforts and investing in workforce development
Helping Our Heroes: by responding to the needs of first responders, front line medical workers, teachers and public servants
Eligibility and Focus on Impact
KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic; are operated by historically underrepresented groups (HUGs); and/or are providing important community services.
To be eligible, a business must have between 5 and 50 employees, less than $7 million USD in annual revenue, demonstrated need for support, a strong plan for moving forward, and be in good standing with the IRS or their local regulatory body. For more information on eligibility, please visit the application page.
For more information please check the link
Latest Online Store
Latest Tenders And EOIs
© Renalysis Consultants Pvt Ltd