Be a for-profit venture operating in the sectors of consumer products and services, healthcare, media and entertainment, technology, etc.
Are currently incorporated in the U.S. or have concrete plans to complete legal incorporation.
Have secured less than $1 million in dilutive funding at the time of applying for the award.
Ensure all team members are at least eighteen (18) years old.
Eligible teams should include at least one founding member who identifies as Black/African/African American and/or Hispanic/Latino/Latina/Latinx. A founding member holds a key role such as CEO, Vice President, or another executive level position.
Each team must consist of a minimum of two members, where a team member is defined as an individual playing a critical role in the venture with specific responsibilities for work streams or deliverables.
The lead of the venture, defined as the CEO, President, or most senior role on the founding team, must be a legal U.S. resident and based in the U.S.
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