Kauffman Foundation Awards $4.3 Million in Grants to Organizations that Support Women and Minority Entrepreneurs

Wednesday, March 15, 2017

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While startup activity in the United States is slowly rising, women and minorities consistently have lower rates of entrepreneurship. The Ewing Marion Kauffman Foundation today announces grants to a dozen nonprofit entrepreneur support organizations to help remedy that. The Inclusion Challenge grant program will award funds to the selected organizations to help female entrepreneurs and entrepreneurs of color achieve higher rates of success.

“Entrepreneurship in America should be available to everyone, yet women and minorities continue to face more obstacles to starting businesses when it comes to accessing funding, education, mentors and markets,” said Victor Hwang, vice president of Entrepreneurship at the Kauffman Foundation. “The Inclusion Challenge grants will enable these outstanding support organizations to expand their services to empower more entrepreneurs and help them succeed. The nation and our economy as a whole will benefit from more entrepreneurs generating income and wealth in traditionally underserved markets.”

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“NCDS has been our fundraising firm of choice since they first helped us devise the Forward Sioux Falls operating model in 1987, and raised $1.8 million to implement it.  Not only is the firm exceptionally skilled at raising money, they also understand the importance of generating buy-in and sustained commitment.  NCDS has helped us exceed goal in seven campaigns, the latest of which has a $15.5 million target, and when the current campaign is completed, NCDS will have helped us raise $53 million to fund our initiatives.  Our top community leaders expect the best from our organization, and the exceptional team at NCDS always works hard to help us exceed those expectations.” 

Evan Nolte, President & CEO • Sioux Falls Area Chamber of Commerce

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