The Kauffman Foundation is seeking Request for Proposals for the Inclusion Open grant program. The RFP is open to U.S. nonprofit and for-profit organizations focused on solutions to lower the barrier of entry into entrepreneurship for disadvantaged entrepreneurs. This includes any entrepreneur that faces limits due to demographic, socioeconomic and geographic barriers.
“We know entrepreneurs from many diverse backgrounds face weighty barriers. These barriers impose a high cost to the U.S. economy, in terms of job creation and innovation,” said Victor Hwang, vice president of Entrepreneurship at the Kauffman Foundation. “For example, minority and female entrepreneurs encounter especially persistent barriers that limit their ability to start and grow companies. Kauffman research has found that if minorities started and owned businesses at the same rate non-minorities do, the United States would have more than 1 million additional employer businesses and approximately 9.5 million more jobs in the economy.”
Inclusion Open grants could total up to $7 million in awards, ranging from $50,000 to $500,000 each. Qualified organizations may apply at kauffman.org/RFP. The application deadline is 5 p.m. CDT on May 2, 2017.