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Wednesday, February 16, 2022

BOSS Network Offers $500K in Funding and Free Coaching for Black Women Entrepreneurs

The deadline to apply is February 25th

Black women entrepreneurs

Chicago, IL — The BOSS Network, an online community of professional and entrepreneurial women who support each other through digital content, programs, and event-based networking, announces its BOSS Impact Fund.

It has been reported that the single greatest barrier to success for new businesses and startups is access to capital—and minorities make up less than 1% of founders that receive that investment. The BOSS Impact Fund will focus on investing in Black women-led businesses and preparing these entrepreneurs to build scalable, growth aggressive companies. Its goal is to raise investment funding for 500+ Black women entrepreneurs, over the next three years.

The Sage “Invest in Progress” Grant will provide coaching, curriculum, and connections while removing capital barriers to help this group achieve success. The grant application process is powered by HelloAlice, a grant funding platform designed for entrepreneurs and small businesses. Through the Sage “Invest in Progress” Grant Program, 25 Black women entrepreneurs will have the opportunity to receive a capital investment of $10,000 toward successfully starting and growing their business in addition to an entrepreneurial mentor program in support of Black women-owned small businesses.

“We are so excited to launch the BOSS Impact Fund to benefit Black women business owners. For over 12 years, The BOSS Network has remained committed to not only empowering Black women entrepreneurs but also arming them with the resources they need to lead successful businesses and increase their market share,” said Smith. “We are also thrilled to partner with Sage on the launch of the Sage ‘Invest in Progress’ Grant. We know that all of the recipients will greatly benefit from this capital investment. We are looking forward to additional partnerships in the future with organizations who are aligned with our longstanding mission.”

In addition, The BOSS Network has partnered with JPMorgan Chase and Advancing Black Entrepreneurs to provide FREE Curated Coaching. Black women entrepreneurs will have the opportunity to meet with an expert entrepreneurial coach on your schedule and develop a customized game plan around your business’s needs. You’ll walk away with actionable insights, a personalized game plan, and the strategic tools you need to grow your business on your terms. Looking to Optimize Your Web Presence? Starting now, discover how to refine your website to help increase your customer conversion rate and use your sales and marketing strategies for successful returns.

For more information and/or to apply for a $10,000 Sage “Invest In Progress” grant, visit BOSSImpactFund.com

For free coaching provided by JPMorgan Chase, visit Chase.com/business/coaching

To become a BOSS member, join at TheBossNetwork.org. The deadline for submissions is February 25th.

Founded by Cameka Smith, BOSS™ is an acronym for “Bringing Out Successful Sisters,” and the network’s mission is to promote and encourage the small business spirit and career development of women. The BOSS Network is an online community of professional and entrepreneurial women who support each other through conversation, online, and event-based networking. To find out more about The BOSS Network, please visit TheBossNetwork.org

The BOSS Network was named as a Forbes’ “Top 10 Career and Entrepreneurial websites for Women.” More than 200,000 active women members throughout the United States are engaged through our social and digital programming. The latest initiative is the BOSS Impact Fund with a focus on grant funding for 500+ Black women entrepreneurs over the next three years. In addition, each grant recipient will have a 1-year scholarship to BOSS Business University, a digital mentorship program that will provide a comprehensive entrepreneurship curriculum, to assist in long-term business growth.

For press inquiries, contact info@thebossnetwork.org