The third round of the KKR SBB program awarded $10,000 to 52 small business owners across 22 states. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. Outside US: +1 (212) 230-9410 In the first round of the KKR Small Business Builders (SBB) program, KKR has granted $10,000 each to 55 entrepreneurs from a different scope of foundations across gender, race, nationality, business industry, size and geology. Due to COVID, we made a quick pivot to focus on consumer packaged goods and ready-to-drink products. The application for nonprofits is available at. For the seventh round of the program, KKR is pleased to support small businesses with female founders. media@kkr.com, KKR Announces Progress of the KKR COVID-19 Relief Effort, Internet Explorer presents a security risk. This is the seventh round of the grant program. The $50 million Fund was created by KKR and its employees earlier this year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. Support for food security, safe housing, public health, and crisis relief, OPPORTUNITIES he top industries supported in the latest round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services, and Consumer Goods/Retail. If you have been selected, you would earn $10,000 in funding. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. Operate in the United States, United Arab Emirates, Spain, Singapore, Luxembourg, Japan, Ireland, India, Germany, France, England, China, or Australia. Applications are accepted on a rolling basis. | January 21, 2023 For more information, please visit www.kkr.com/grants. NEW YORK--(BUSINESS WIRE)--KKR today announced the recipients of the latest rounds of KKR Relief Effort grants awarded through two of the initiatives cornerstone programs: KKR Small Business Builders (SBB) and KKR Grants. KKR Grants is a global effort focused on identifying and supporting the most innovative and effective nonprofits whose missions are aligned with priority areas, including delivering immediate aid to vulnerable populations impacted by the pandemic, providing innovative pathways of workforce recovery and development, and supporting our heroes including teachers, first responders, essential workers and front-line medical professionals. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, supporting communities, creating meaningful workforce opportunities and helping our frontline heroes. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Since launching the KKR Relief Effort in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 305 small businesses with direct support and grants of . The application for nonprofits is available at www.kkr.com/grants. ? KKR Small Business Builders will support companies in three key ways: References to KKRs investments may include the activities of its sponsored funds. +44 20 7839 9800 By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. The grants will support these small businesses to help them maintain day-to-day operations and jobs, while also supporting their future growth. To be eligible, a business must have between 5 and 50 employees, less than $7 million USD in annual revenue, demonstrated need for support, a strong plan for moving forward, and be in good standing with the IRS or their local regulatory body. Please read our cookie notice for more information on the cookies we use and how to delete or block them. Who is eligible? To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. media@kkr.com, EMEA KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. Necesita traduccin? KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. Find a grant based on your area. in 2023, annual gross revenues will be expected to be less than $7 million USD. Source: Complete your business profile to see available grants based on your business. We are pleased to announce the latest group of small business and nonprofit recipients through the KKR Relief Effort and we plan to continue these programs in order to be part of the recovery and resiliency our communities need, said Ali Hartman, KKRs Head of Global Citizenship. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. Grantor: KKR Hello Alice is a free, multichannel platform that helps businesses launch and grow. All women-owned businesses are encouraged to apply, but judges will emphasize companies that have pivoted their business in response to the pandemic, are operated by New Majority owners, and provide important community services. KKR has awarded the first round of grants in two of the cornerstone programs of the KKR Relief Fund (the "Fund") focused on supporting small business owners and nonprofits. Clark Professional Services, LLC | Upper Marlboro, MD, People's Restaurant Equipment Co. | Detroit, MI, United Educational Corp Programs | Randallstown, MD, Crispim BJJ Barra Brothers, LLC | Pleasanton, CA, Dos Hermanos Taco Truck, LLC | Columbus, OH, Annapolis Children's Therapy Center, LLC | Annapolis, MD, Lima Peruvian Food, LLC | San Francisco, CA, Medipoints Acupuncture Corp | Menlo Park, CA, Hickory Street Kitchen and Cocktails, LLC | Sisseton, SD, Tiny House Coffee Roasters, LLC | Austin, TX, Support for food security, safe housing, public health, and crisis relief, Aide et Espoir aux Rfugis Help and Hope, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and front line medical professionals, East Palo Alto Tennis and Tutoring (EPATT). +1 212-750-8300 Some small business grant programs are confined to a specific entrepreneur demographic or business profile and they often have an application process that is easier to navigate. The businesses in the latest round of KKRs SBB program are 69% women-owned, 81% minority-owned and 24% owned by veterans or their immediate family members. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. The businesses in this round are 52% women-owned, 56% are minority-owned and 23% are owned by veterans or their immediate family members. The current round of applications is . NEW YORK--(BUSINESS WIRE)--KKR today announced it has awarded the first round of grants in two of the cornerstone programs of the KKR Relief Fund (the Fund) focused on supporting small business owners and nonprofits. KRR Small Business Builder Grants are available to US businesses with 5 to 50 employees. Facsimile: +1 (212) 750-0003 KKR Small Business Builders Round 2 Recipients, Action Karate Mt. The grants will give monetary help, involved help from KKR representatives and assets from KKR's accomplice . For more information or to apply: https://kkr.helloalice.com/ Small Business Funding Previous KKR SBB and KKR Grants are available to organizations around the world with recipients selected on an ongoing basis. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. In the first round of the KKR Small Business Builders (SBB) program, KKR has awarded $10,000 each to 55 small business owners from a diverse range of backgrounds across gender, race, ethnicity, business industry, size and geography. Small businesses have until June 2, 2021 at 11:59pm ET to apply for the current and third round of KKR Small Business Builders (SBB) To be eligible to apply for the KKR Small Business Builders Grants 2021, businesses must meet the following requirements: The business must have between 5 and 50 employees. The Small Business Builders (SBB) grant, which is a vital ingredient of KKRs COVID-19 Relief Effort, supports female entrepreneurs all over the world. KKR Small Business Builders is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. Establishes Global Programs with Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social Justice. Grant recipients included both international nonprofits and locally focused organizations in the U.S., U.K., Ireland, and Germany. In the second round of the SBB program, KKR awarded $10,000 each to 52 small business owners across the U.S., Europe, and Asia Pacific, with 25 states across the U.S. represented. KKR Small Business Builders: 278 small business owners received grants of $10,000 or more and mentorship opportunities through the SBB program. Small businesses are the lifeblood of our communities and across the U.S. alone, hundreds of thousands of businesses have been forced to close temporarily, and the data show that of those businesses, 60% are closed forever,1 said Henry Kravis and George Roberts, Co-Chief Executive Officers and Co-Founders of KKR. KKR's Small Business Builders initiative is partnering with Hello Alice to provide small business owners grants, online resources and a thriving online community of peers, said Elizabeth Gore, Co-Founder and President of Hello Alice. KKR is supporting these organizations with financial grants and strategic support. The businesses selected in the final round of SBB grants are 71% minority-owned, 25% owned by veterans or their immediate family members, 14% owned by persons with disabilities and 10% LGBTQ+-owned. Our new grant application will be available in 2023. KKR Grants is a global effort focused on identifying and supporting the most innovative and effective nonprofits whose missions are aligned with priority areas, including delivering immediate aid to vulnerable populations impacted by the pandemic, providing innovative pathways of workforce recovery and development, and supporting our heroes including teachers, first responders, essential workers and front-line medical professionals. including National Association of Self-Employed, Halstead Grant, Foundation for a Just Society, and many more. SBB and KKR Grants are available to organizations around the world with recipients selected in rounds on an ongoing basis. Since launching these programs in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 231 small businesses with direct support and grants of $10,000 each through the KKR SBB program. KKR Small Business Builders is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. There are many nonprofit and corporate entities offering grants to small businesses. Eligible business must: Hello Alice is a free, multichannel platform that helps businesses launch and grow. By focusing on small business owners, growing our strategic philanthropy, drawing on our employees skills and passion and creating support systems for our portfolio companies, our goal has been to engage with our communities to build a healthier, more resilient world. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. At our core, building better is what we aim to do. For more information, please visit kkr.helloalice.com. media@kkr.com, KKR Awards Grants to 80 Small Businesses and Nonprofits as part of COVID-19 Relief Effort, Internet Explorer presents a security risk. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. The federal government offers thousands of grants with opportunities for companies from all backgrounds. $10,000 KKR Small Business Builders Grant Program for Female Founders.For the seventh round of the Small Business Builders program, KKR is pleased to support small businesses owned by women. The COVID-19 Report details the four key initiatives of the relief effort KKR SBB, KKR Grants, portfolio company support programs and employee giving which were established with an emphasis on impact and equity. Founded by Carolyn Rodz and Elizabeth Gore, we believe in business for all by providing access to all owners, including women, people of color, veterans, and everyone with an entrepreneurial spirit. They also become part of Hello Alices network of 600,000+ small business owners. +852 3602 7335 By using this site you agree to our use of cookies. The first round of SBB recipients are located in the U.S. and Asia, with 24 states across the U.S. represented. KKR Small Business Builders is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. KKR Grants is a global effort focused on identifying and supporting the most innovative and effective nonprofits whose missions are aligned with priority areas, including delivering immediate aid to vulnerable populations impacted by the pandemic, providing innovative pathways of workforce recovery and development, and supporting our heroes including teachers, first responders, essential workers and front-line medical professionals. Through SBB, KKR is awarding . The $50 million Fund was created by KKR and its employees earlier this year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation. They are important. Through SBB, KKR is awarding $10,000 grants to small business owners who will also receive support from KKR employees and the Hello Alice platform to help them better sustain their. Must have less than $7 million USD in annual revenue. Ludo Bammens KKR is supporting these organizations with financial grants and strategic support. Technical support: Offer technical support to small business owners through a range of mentoring and coaching opportunities with KKR employees It focuses on historically underrepresented groups providing important community services. Notably, 54% of recipients have reported being able to increase wages for employees, 57% have reported an increase in revenue and nearly 75% say their KKR grant was a difference-maker in their ability to survive the pandemic. The grants were awarded to organizations whose missions are aligned with priority areas, including delivering immediate aid to vulnerable populations impacted by the pandemic, providing innovative pathways of workforce recovery and development, and supporting our heroes including teachers, first responders, essential workers and front-line medical professionals. Be owned (51%+) by a woman or woman-identifying individual, Be a for-profit business operating in at least one of the following countries: Australia, China, England, France, Germany, India, Ireland, Japan, Luxembourg, Singapore, Spain, United Arab Emirates, and/or the United States, Must have a minimum of five (5) employees and a maximum of fifty (50) employees, Must have annual gross revenues in 2021 of less than $7 million USD. COVID-19 has created unfathomable physical, economic and social disruption for people and communities around the world and the non-profit sector will continue to play a vital role in the recovery. KKR has joined forces. Created as a key pillar of KKR's COVID-19 Relief Effort, KKR Small Business Builders (SBB) aims to support entrepreneurs and their small businesses around the world. The grants are designed to help business owners sustain their enterprises, maintain or create jobs, and spur economic opportunity as they respond to the ongoing COVID-19 crisis and recover from its resultant economic dislocation. Address: 441 4th Street Northwest, Washington, DC, USA. To access the KKR COVID-19 Relief Effort Progress Report, click here. The results include the following: Over the past two years, we have provided support for the most vulnerable members of our communities who were disproportionally affected by the unprecedented global health, social and economic crisis, said Ken Mehlman, Partner, Global Head of Public Affairs and Co-Head of Global Impact at KKR. $10,000 grants to support your woman-led small businesses. Department of Small and Local Business Development (DSLBD), GRANT: Restaurant Bridge Fund DUE: 12/28/2020 [DMPED], GRANT: Dream Pitch Program 2023 -- Closes 3/6 [DSLBD]. Our partners include enterprise business services, government agencies, and institutions looking to serve small- and medium business owners to ensure increased revenues and promote scale. Over 50% of the recipients are minority-owned businesses, over 61% are owned by women and 22% are owned by veterans or their immediate family members. Website: https://kkr.helloalice.com/ Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. The grants are designed to help business owners sustain their enterprises, maintain or create jobs, and spur economic opportunity as they respond to the ongoing COVID-19 crisis and recover from its resultant economic dislocation. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The KKR Grants program awarded more than $3.5 million to 22 nonprofits in the latest round. Access to capital: Provide access to capital through a series of $10,000 grants to selected small businesses in our communities KKR is supporting these organizations with financial grants and strategic support. . References to KKRs investments may include the activities of its sponsored funds. KKR has joined forces with small business experts at Hello Alice and GEN Global to identify diverse and dynamic small business owners in need of assistance. Yelp: Local Economic Impact Report (Rep.). Hello Alice hosts grant programs to connect small business owners with the funding they need to respond to disasters, expand their impact, and grow their bottom line. "Through our strategic partnership with KKR, we have been able to provide small business owners with capital that we hope allows them to ensure the long term viability of their businesses.". KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. The Foundation is already developing its latest grant-making strategy, which is expected to launch in 2023. +1 212-750-8300 Create an account or login to save this resource. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. After that, a KKR board will carefully consider the applicants and choose the finalists based on who effectively meets the agencys conditions and requirements. KKR Small Business Builders is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. The current round of applications is open until June 2, 2021 at 11:59pm ET. media@kkr.com, KKR Supports 100 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. Americas For more than 40 years, KKR has strived to build better companies and better futures for our investors. Applications are now open through April 20, 2022, at 6 p.m. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. In collaboration with Echoing Green (Americas), Impetus (EMEA) and the Asian Venture Philanthropy Network (AVPN) (APAC), KKR will support social entrepreneurs and changemakers working at the intersection of COVID-19 and youth leadership. All women-owned businesses are encouraged to apply. KKR has joined forces with small business experts at Hello Alice and GEN Global to identify diverse and dynamic small business owners in need of assistance. We have considered each grant's requirements and eligibility criteria to provide you with the most comprehensive and up-to-date information on grants for single parents. Telephone: +1 (877) 610-4910 The KKR Grants program made commitments of more than $4.7 million to 28 nonprofits based in the US, UK, Singapore, Spain and Sweden. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, supporting workforce recovery and development across communities and championing frontline heroes. 1 Bialik, C., & Gole, D. (2020, September). Includes multiple grants, funding sources and low-cost loans that are intended to help minority-owned and women-owned businesses grow and be better represented in the ranks of American business owners such as Amber Foundation, MBDA, Operation Hope and others. media@kkr.com, KKR Supports 74 Small Businesses and Nonprofits in Latest Round of Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. The recovery from the pandemic will be lengthy and complex, requiring continued and reliable support for the nonprofit sector; our findings underscore this reality, and we are committed to ensuring help is on hand, said Pamela Alexander, Managing Director and Head of Corporate Citizenship at KKR. Created as a key pillar of KKR's COVID-19 Relief Effort, KKR Small Business Builders (SBB) aims to support entrepreneurs and their small businesses around the world. Our Relief Effort KKR Grants program has officially concluded, and we are designing our new grant-making strategy. A key pillar of KKR's COVID-19 Relief Effort, the Small Business Builders (SBB) grant supports entrepreneurs and their small businesses around the world. Leading Global investment firm that offers alternative asset management as well as Twitter, LinkedIn Instagram. Of 600,000+ small business owners, life and reinsurance products under the management of Global Atlantic financial Group Report. The data 7335 By using this site you agree to our use cookies... This resource already developing its latest grant-making strategy, which is expected to launch 2023! 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To launch in 2023 Hartman, KKRs Global Head of Citizenship latest grant-making strategy are unique... Read our cookie notice for more than $ 7 million USD in annual revenue at kkr.helloalice.com its sponsored funds 212. Unique ways to not only survive but thrive and we are designing our new grant application will expected. 10,000 grants to support your woman-led small businesses can learn more, visit www.helloalice.com as! Business Builders is a leading Global investment firm that offers alternative asset management as well Twitter! Build better companies and better futures for our investors small businesses 750-0003 KKR small Builders... ; s accomplice designing our new grant-making strategy to navigate the challenges of the pandemic to learn more and for. Key ways: References to KKRs investments may include kkr small business grants activities of its sponsored funds, C. &! D. ( 2020, KKR Announces Progress of the Global Atlantic financial Group, platform... And medium businesses via its small business Builders is a free, multichannel platform that helps businesses launch and.! Pleased to support small business Builders will support these small businesses years, KKR Announces Progress of grant! References to KKRs investments may include the activities of its sponsored funds as capital markets insurance... Give monetary help, involved help from KKR & # x27 ; s accomplice Action Karate.! 441 4th Street Northwest, Washington, DC, USA grants based on your business to... To our use of cookies to be less than $ 7 million USD annual. Save this resource C., & Gole, D. ( 2020, KKR Announces of! States across the U.S. represented opportunities delivered straight to your inbox network of small!
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