Chicago will get up to $3.4 million in grants to support diverse entrepreneurs
The Blackstone Charitable Foundation will give up to $3.4 million over three years to Chicago nonprofits that support entrepreneurs from underrepresented backgrounds, the group and Mayor Rahm Emanuel announced Tuesday evening.
Mayor Emanuel, Blackstone Charitable Foundation and World Business Chicago Launch Blackstone Inclusive Entrepreneurship Challenge
Mayor Rahm Emanuel, the Blackstone Charitable Foundation and World Business Chicago (WBC) today launched the Blackstone Inclusive Entrepreneurship Challenge (“Blackstone Challenge”). The three-year pilot program will award up to $3.4 million in grants to innovative organizations that effectively recruit and support diverse entrepreneurs and scale start-ups in the Chicago area. The selected programs will serve diverse populations, including communities of color, women, veterans and immigrants. Chicago has been chosen as the first city for this pilot program.