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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"On behalf of the officers and directors of the Economic Development Alliance, I want to thank you and your staff for the great job NCDS did in helping restructure the Alliance, and for successful management of the fundraising campaign that fully funded our five-year action plan. The NCDS process and format delivered exactly what you said it would do when you met with Alliance members over eighteen months ago. The NCDS process engaged top regional private and public sector leaders and attracted financial support from large and small companies and communities throughout the region."

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