NAACP Powershift Entrepreneur Grant
The NAACP Powershift Entrepreneur Grant supports Black entrepreneurs with funding, mentorship from Daymond John, and national recognition to foster business growth and community impact.
Funder: NAACP
Due Dates (Anticipated): October 2026 (annual application deadline, projected)
Funding Amounts: $25,000 per award; past cycles have awarded multiple grants annually; mentorship and national recognition included.
Summary: Supports Black entrepreneurs with funding, mentorship, and resources to help grow and sustain their businesses.
Key Information: Grant is not currently open; next cycle anticipated October 2026.
Description
The NAACP Powershift Entrepreneur Grant, in partnership with Medium Rare and The Shark Group, is designed to empower Black entrepreneurs and businesses by providing financial support, mentorship, and national recognition. The program is held annually in celebration of Black Entrepreneurs Day and seeks to foster economic growth, sustainability, and advocacy within Black communities. Awardees receive not only a $25,000 grant, but also mentorship from Daymond John of Shark Tank and opportunities for national exposure.
