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Grants and In-Kind Support to USA and International
Businesses to Assist in Recovery from COVID-19

KKR Small Business Builders (SBB) Grant

Agency Type:

Foundation / Corporation

Funding Source:

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KKR Small Business Builders (SBB), Hello Alice, Circular Board, and Global Entrepreneurship Network

Deadline Date:

10/15/21 6:00 PM EST Receipt

Description:

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Grants of $10,000 and in-kind support to USA and International small businesses in multiple countries to assist in recovery from the Coronavirus (COVID-19) pandemic. Funding is intended in particular for businesses operated by underserved groups, businesses providing critical community services, and those that pivoted during the pandemic in order to stay afloat. Eligible businesses must operate 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.

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. KKR Small Business Builders will support companies in three key ways:

  • Access to Capital: Provide access to capital through a series of grants to selected small businesses in KKR's communities.
  • Technical Expertise: Offer technical support to small business owners through a range of mentoring and coaching opportunities with KKR employees.
  • A Network of Support: Connect small businesses to a network of resources and a thriving online community through KKR's partners at Hello Alice.

Preference will be given to historically underrepresented business owners, defined as women, people of color, military-connected owners, entrepreneurs with disabilities, and members of the LGBTQ+ community.

GrantWatch ID#:

GrantWatch ID#: 196316

Number of Grants:

The number of Grant Recipients will be approximately 50.

Estimated Size of Grant:

Finalists will receive a $10,000 (USD) grant.

Additional Eligibility Criteria:

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.

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.

Additional Eligibility:
- To be eligible to enter a business in the Program, you (“Officer”) must be all of the following as of the first day of the Program Period (defined below): (a) a business owner who is the leading executive (i.e. Founder and/or President, CEO, CFO, COO, or any such other similar title) of a business that meets the below business criteria; (b) a legal resident of applicant’s country of resident; (c) eighteen (18) years of age or older (19 in AL and NE) (“Entrant”).
- To be eligible to participate in the Program, the business (“Entrant”) must meet all of the following criteria as of the first day of the Program Period:
-- Must 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 be any business entity legally permissible in the applicant’s country of residence;
-- Must have a minimum of five (5) employees and a maximum of fifty (50) employees;
-- Must have annual gross revenues in 2020 of less than $7 million USD; and
-- Must not be engaged in illegal, potentially illegal, or illegitimate activities as adjudged in Sponsors’ determination.
- The potential winners are subject to verification of eligibility by Sponsors, which may include completing associated documentation.

Pre-Application Information:

All entries must be received by 6:00 PM EST on October 15, 2021 to be eligible.

Grant Recipients will be notified by email or phone within forty-five (45) days of program close.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Apply online: https://app.helloalice.com/communities/alice/applications/kkr-small-business-builders-grant-round-6

citizenship@kkr.com

URL for Full Text (RFP):

Geographic Focus:

USA: Alabama;   Alaska;   Arizona;   Arkansas;   California;   Colorado;   Connecticut;   Delaware;   Florida;   Georgia;   Hawaii;   Idaho;   Illinois;   Indiana;   Iowa;   Kansas;   Kentucky;   Louisiana;   Maine;   Maryland;   Massachusetts;   Michigan;   Minnesota;   Mississippi;   Missouri;   Montana;   Nebraska;   Nevada;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York;   North Carolina;   North Dakota;   Ohio;   Oklahoma;   Oregon;   Pennsylvania;   Rhode Island;   South Carolina;   South Dakota;   Tennessee;   Texas;   Utah;   Vermont;   Virginia;   Washington, DC;   Washington;   West Virginia;   Wisconsin;   Wyoming

International country outside of the USA, Israel and Canada.

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