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The Black Ambition Paris Prize 2024


07.14.24

Pharrell Williams Supports Entrepreneurs!

The Black Ambition Paris Prize 2024

He has developed “Black Ambition,” an initiative supported by companies such as Comcast, CHANEL, Louis Vuitton, and Adidas, to name a few. All these major corporations are backing a nonprofit commitment aimed at fostering entrepreneurship in underrepresented communities.

Black Ambition is expanding globally and it’s happening fast.  The Black Ambition Paris Prize 2024 is an exciting new addition to the Black Ambition initiative, marking its first foray into Paris. Here’s a detailed look at this upcoming event:

Overview

  • Event: Black Ambition Paris Prize 2024
  • Date: Finalists will pitch live on August 3, 2024
  • Location: Station F, Paris

Prize: $200,000

Purpose and Goals

The Black Ambition Paris Prize 2024 aims to support and elevate Black entrepreneurs in Paris and across Europe. By offering a substantial cash prize and other resources, the competition seeks to address funding disparities and provide valuable opportunities for growth and visibility.

Competition Details

  • Eligibility: The competition is open to early-stage startups and businesses led by Black entrepreneurs. Specific criteria for eligibility may include factors like stage of the business, sector, and impact.
  • Application Process: Entrepreneurs interested in participating must submit applications detailing their business models, objectives, and how they plan to use the prize funds. The application process may involve multiple stages, including initial screenings and pitch preparation.

Finals Event

  • Date and Venue: The live pitch event will take place on August 3, 2024, at Station F, one of the largest startup campuses in Paris.
  • Format: Finalists will have the opportunity to present their business ideas and strategies to a panel of judges, including industry experts, investors, and entrepreneurs.
  • Prize: The winning startup will receive a $200,000 prize, which can be used to further develop their business, scale operations, or invest in growth opportunities.

Support and Resources

In addition to the prize money, finalists may benefit from:

  • Mentorship: Access to experienced mentors and advisors who can provide guidance and support.
  • Networking: Opportunities to connect with other entrepreneurs, investors, and industry professionals.
  • Visibility: Exposure at the event and potential media coverage, enhancing their profile and reach.

Impact

The Black Ambition Paris Prize 2024 represents a significant step toward fostering diversity and innovation in the European startup ecosystem. By providing substantial support to Black entrepreneurs, the competition aims to create a more inclusive and equitable business environment.

Further Information

For more details on the application process, eligibility criteria, and event specifics, it’s recommended to visit the official Black Ambition website or reach out to the competition organizers. They will provide the most up-to-date information and resources for interested applicants.

Don’t miss this opportunity from Black Ambition: pitch your project and walk away not only with $200,000 to get it off the ground but also with the support of an incredible network to ensure its immense success. Remember, talent is universal, but opportunities are not. So take the plunge, and Act quickly! Applications close on July 17 at 11:59 PM EST.

The first step takes no more than 15 minutes! Don’t miss this chance to present your business at Station F in August 2024. Best of luck to all partcipants !

By Alizelavie  July 14th

AlizéLaVie
This article was written by

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