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. The Small Business Builders (SBB) grant, which is a vital ingredient of KKR's COVID-19 Relief Effort, supports female entrepreneurs all over the world. The businesses in this round are 52% women-owned, 56% are minority-owned and 23% are owned by veterans or their immediate family members. ET. The next round of applications is open until February 8, 2021. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. Applications are due by April 22 at 6 p.m. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. In this first round of the KKR Grants initiative, which is focused on identifying and supporting nonprofits whose work supports priorities related to Opportunities, Communities, and Heroes, KKR awarded over $3 million to 25 nonprofit organizations around the world that are playing critical roles in addressing the challenges resulting from the COVID-19 crisis. Retrieved https://www.yelpeconomicaverage.com/business-closures-update-sep-2020.html, Cara Major or Miles Radcliffe-Trenner Operate in the United States, United Arab Emirates, Spain, Singapore, Luxembourg, Japan, Ireland, India, Germany, France, England, China, or Australia. Hello Alice is a free, multichannel platform that helps businesses launch and grow. 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. Working with these partner organizations, KKR will invest money in leaders and nonprofits on the front lines, while also creating the resources and wraparound services needed to help accelerate change and impact. 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. Applications are accepted on a rolling basis. Ranging from healthcare providers to childrens gyms and comedy clubs, these recipients are using the funds to further their missions and serve their communities. Through SBB, KKR is awarding . The KKR Grants initiative has provided more than $30 million in funding to 110 nonprofits whose missions align with supporting workforce recovery and development across communities and championing frontline heroes. Craig Larson 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. Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. Without paid ads, our direct-to-consumer strategy would have fallen flat. For the seventh round of the program, KKR is pleased to support small businesses with female founders. 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. DUE: Next application round closes 10/15/2021. We know there is more work to do as we slowly emerge from the pandemic, and we remain committed to investing in and staying engaged in our communities., Final Round of KKR Small Business Builders. 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 operations, maintain or create jobs and manage or pivot their business model. 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. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. 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. 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 operations, maintain or create jobs and manage or pivot their business model. 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. At the federal level, SBA.gov provides limited small business grants. KKR Small Business Builders: This fund provides grants of $10,000 plus mentoring to small businesses with between 5 and 50 employees that are pivoting in response to the COVID-19 pandemic. This site uses cookies to provide you with a more responsive and personalized service. They believe that now is the time to invest in our neighborhoods and neighbors in a new way. ET! 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. KKR Grants is also investing in an accelerator model across each of its core regions. 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. 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. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. media@kkr.com, KKR Announces Progress of the KKR COVID-19 Relief Effort, Internet Explorer presents a security risk. 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 company's Small Business Builders grant program aims to support companies that provide important community services and those that have had to pivot during COVID. Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. . Be among the first to know with a curated mix of opportunities delivered straight to your inbox. 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. Subscribe now to get instant access to stories from business owners like you, funding opportunities from Hello Alice and our partners, and tips from small business experts. +852 3602 7335 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. With a community of more than 250,000 business owners in all 50 states and across the globe, Hello Alice is building the largest network of owners in the country while tracking data and trends to increase the success rate for entrepreneurs. Must have less than $7 million USD in annual revenue. KKR Grants Thank you for your interest in KKR Grants. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. Our communities and small businesses continue to face enormous uncertainty and the disruption of the past year will have lasting impacts that must not be overlooked. A network of support: Connect small businesses to a network of resources and a thriving online community through our partners at Hello Alice As part of this initiative, KKR also announced the 82 grants awarded to small business owners and nonprofits in the final rounds of the KKR Small Business Builders (SBB) and KKR Grants programs. 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. And right now, due to the impacts of COVID-19, many of them are in crisis. 212-750-8300 All forward-looking statements speak only as of the date they are made. KKR has joined forces. 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. Create an account or login to save this resource. Please click on "I understand" to view the presentation. Read a personal story about notifying grant recipients here. This grant will allow us to achieve our goals. 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). whose work supports priorities related to. All of the businesses have fewer than 40 employees and over 81% generated less than $1 million in 2019 gross revenue. This grant is available to small businesses who have pivoted in response to COVID-19 or provided community services you have the opportunity to receive a $10,000 grant. Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. The current round of applications is open until September 24, 2021. Amount: $10,000 It is defined as a rural community when there are fewer than 50,000 people living there. Support for food security, safe housing, public health, and crisis relief, OPPORTUNITIES KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. The KKR Grants program awarded more than $3.5 million to 22 nonprofits in the latest round. Small businesses around the world can learn more and apply for KKR Small Business Builders grants at https://kkr.helloalice.com/, The application for nonprofits to apply for KKR Grants is available at www.kkr.com/grants. What would a $10,000 grant mean for your small business and the community it serves? "The challenges facing small business owners today are unprecedented, and the environment in which they are operating in is changing every day as the COVID-19 pandemic continues to evolve. Through these programs, which launched last year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation, KKR and its employees have supported 159 small businesses with support programs and grants of $10,000 each and has provided funding to 82 nonprofits to date. Now in its seventh round, in honor of International Womens Day, the KKR Small Business Builders Grant Program for Female Founders provides woman-identifying entrepreneurs from around the world with $10,000 to help their small businesses recover and grow in response to the pandemic. 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. Besoin de traduction? 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. If you have any further questions, please reach out to us at Citizenship@kkr.com. View grants in your industry. Northgate Land Development | Baton Rouge, LA, LA Pearl Beauty Emporium | Philadelphia, PA, Perfect Reflections Daycare | Blue Island, IL, Green Mountain Painting & Contracting |Fort Collins, CO, Young Chefs Academy of Gahanna | Columbus, OH, Little People Preschool | San Francisco, CA, Beautiful You Skincare Studio | Pueblo, CO, Taste of the Caribbean | Capital Heights, MD, Pearson Pediatric Dentistry | Washington, DC, Physical Therapy of Milwaukee | Milwaukee, WI, 4 Corners Yoga + Wellness | Dorchester, MA, Scribble Art Workshop Corporation |Wingdale, NY, The Learning Experience at Allen | Allen, TX, Songbird Coffee & Tea House | Phoenix, AZ, Support for food security, safe housing, public health, and crisis relief, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and frontline medical professionals. After that, a KKR board will carefully consider the applicants and choose the finalists based on who effectively meets the agencys conditions and requirements. Once you have checked the requirements needed for you to be able to apply for the KKR grant, then the next thing you want to do is ensure you have a registered business, that is, if you already have a business. The grants will provide financial assistance, hands-on support from KKR employees and resources from KKRs partner organizations to help the small businesses to maintain day-to-day operations and jobs while also supporting their future growth. Grant recipients included both international nonprofits and locally focused organizations in the U.S., U.K., France, and Germany. 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 operations, maintain or create jobs and manage or pivot their business model. Establishes Global Programs with Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social Justice. KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic; are operated by historically underrepresented groups (HUGs); and/or are providing important community services. The application for nonprofits is available at. kkrpr-uk@kkr.com, Asia-Pacific In the latest rounds, the KKR SBB program awarded $10,000 to 72 small business owners across 61 cities, 30 states and three countries. The initiative was founded as a basic tenet of KKRs COVID-19 Relief Effort particularly during the early phases of the disease outbreak, with the goal of aiding female entrepreneurs and fledgling enterprises all over the continent recover from the global epidemic. If you have any concerns, feel free to email Citizenship@kkr.com. 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 current round of applications is open until February 10, 2021. If selected, you will receive a $10,000 grant. These recipients, who span from healthcare practitioners to childrens health clubs and comic clubs, use the funds to further their missions and continue to contribute to their societies. The current round of applications is open until May 3, 2021. media@kkr.com, KKR Supports 100 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. Over $50 million in funding to support those most affected by COVID-19 and resulting economic dislocation, Announces final rounds of grants awarded to 82 small business owners and nonprofits. Find out more, About Our Work | Donate | Contact Us | Privacy Policy Copyright USBusinessGrants.org 2021. Cara Major or Miles Radcliffe-Trenner KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. The application for nonprofits is available at www.kkr.com/grants. Do you think that this grant could take your business to the next level? The first round of SBB recipients are located in the U.S. and Asia, with 24 states across the U.S. represented. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Applications are now open through April 20, 2022, at 6 p.m. Website: https://kkr.helloalice.com/ Eligible business must: 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. You must satisfy the following criteria to be able to qualify for the KKR Small Business Builders Grant Program: There is currently no information available regarding the KKR Small Business Builders Grant in 2023. Phone: (202) 727-3900 KKR Small Business Builders will provide recovery grants to local companies in communities around the world. 50% of all grant applicants indicated they have introduced a new product or service in reaction to the challenges created by the COVID-19 pandemic, an explicit demonstration of the entrepreneurial spirit that powers our economy," said Elizabeth Gore, Co-Founder and President of Hello Alice. 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. This grant program is presented in partnership with the Global Entrepreneurship Network and Hello Alice. Complete your business profile to see available grants based on your business. We believe that now is the time to invest in our neighborhoods and neighbors in a new way. Now in its seventh round, in honor of International Women's Day, the KKR Small Business Builders Grant Program for Female Founders provides woman-identifying entrepreneurs from around the world with $10,000 to help their small businesses recover and grow in response to the pandemic. "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.". he top industries supported in the latest round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services, and Consumer Goods/Retail. 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. 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. 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. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. For more information, please visit kkr.helloalice.com. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. 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. With these grants, single parents can get the help they need to provide for their families and create a better future for themselves and their children. The grants will give monetary help, involved help from KKR representatives and assets from KKR's accomplice . 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. Hello Alice uses cookies to make your experience even better. Hello Alice is a free, multichannel platform that helps businesses launch and grow. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. And this latest opportunity focuses specifically on women-led businesses. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. The federal government offers thousands of grants with opportunities for companies from all backgrounds. The next round of applications will open in September. Email: Investor-Relations@kkr.com. 1 Bialik, C., & Gole, D. (2020, September). Our Relief Effort KKR Grants program has officially concluded, and we are designing our new grant-making strategy. This is the seventh round of the grant program. Address: 441 4th Street Northwest, Washington, DC, USA. Over the past two years, KKR and its employees have contributed more than $50 million in community funding to support over 20 million people across 19 countries. 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. 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. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. NEW YORK--(BUSINESS WIRE)--KKR today announced the recipients of the third round of KKR Relief Effort grants awarded through its two cornerstone programs: KKR Small Business Builders (SBB) and KKR Grants. 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. The grants will support these small businesses to help them maintain day-to-day operations and jobs, while also supporting their future growth. , KKR awarded more than $7.5 million to 35 nonprofit organizations that are playing critical roles in addressing the challenges resulting from the COVID-19 pandemic. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. 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. ? Businesses can receive up to $10,000. To be eligible for the grant, a business must: Copyright 2023 SCORE Association, SCORE.org. With a community of nearly 500,000 business owners in all 50 states and across the globe, Hello Alice is building the largest network of owners in the country while tracking data and trends to increase the success rate for entrepreneurs. 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. It focuses on historically underrepresented groups providing important community services. The program is 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. Americas Keep reading to learn more about these grants and how you can apply. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. N.Y. Police and Fire Widows' & Children's Benefit Fund, Inc. 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. These grants are intended to drive growth and can be used to support the business daily operations, help them retain or rehire employees or pivot in response to the pandemic. We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. All women-owned businesses are encouraged to apply. Within Rounds 1-6 of the program, a substantial majority of female entrepreneurs with small and medium-sized businesses were named beneficiaries, and the initiative is currently in its 7th round in honor of International Womens Day. KKR Small Business Builders Round 1 Recipients, Progressive Health & Performance | Murrieta, CA, Rockin' Baker Incorporated | Fayetteville, AR, Academy for Caregiving Excellence | Tucson, AZ, Urgent & Primary Care Of Clarksdale | Clarksdale, MS, Little Green Cyclo | South San Francisco, CA, Game Theory Restaurant + Bar | Fort Worth, TX, Precision Landscape Services | Portland, OR, Janie's Life-Changing Baked Goods | New York, NY, Small Batch Kitchen Cafe and Market | Lansdale, PA, Barber Therapy & Associates | Rock Hill, SC, Little Daydreamers Learning Center 2 | New York, NY, Flagship Real Estate Group | Encinitas, CA, Synergos Association Management | Indianapolis, IN, COMMUNITIES To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. December 19, 2022. 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. References to KKRs investments may include the activities of its sponsored funds. In Celebration of GivingTuesday, Firm Also Provides $50,000 Community Grant to the NYC Partnership Foundation to Stimulate New Business Creation and Resiliency . To date, 74% of the small business owner recipients have said that KKRs grant was pivotal to the survival of their business through the pandemic. 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. KKR Small Business Builders will support companies in three key ways: The KKR Small Business Builders Grant Program for Female Founders makes available $10,000 to businesses managed and controlled by women worldwide to help them recover fully and flourish in the wake of the global pandemic. +1 212-750-8300 The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. Outside US: +1 (212) 230-9410 Deadline: June 2 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) Apply Now 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. 2023 SCORE Association, SCORE.org questions, please reach out to us at @. Than $ 7 million USD in annual revenue grant will allow us to achieve our.! Mix of opportunities delivered straight to your inbox in Celebration of GivingTuesday, Firm also provides $ 50,000 grant. Round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services and... Are struggling to navigate the challenges of the Global Entrepreneurship Network and hello Alice is a grants-based program to. Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social.! While also supporting their Future growth | Contact us | Privacy Policy Copyright USBusinessGrants.org 2021 to at! Thousands of grants with opportunities for companies from all backgrounds it focuses on underrepresented. Opportunity focuses specifically on women-led businesses female founders subsidiaries offer retirement, and! And Beverage Services, and Germany providing important community Services 3.5 million to 22 nonprofits in the U.S. business! 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