Entrepreneurship Award Corp

Entrepreneurship Award Corp, also operating as Founder Forward, is a U.S.-based nonprofit organization dedicated to fostering a more inclusive and equitable entrepreneurship landscape. Founded in 2016, it is registered as a 501(c)(3) entity.

Mission and Objectives

The mission of Entrepreneurship Award Corp is to support underrepresented founders, particularly those identifying as Black, Indigenous, Latinx, and female, by creating a supportive community and platform. It aims to advance equity and access within the entrepreneurship ecosystem, contributing to a more representative business landscape that reflects America's diversity[1][5].

Programs and Initiatives

• Founder Forward Program: This flagship program is designed to bridge the early-stage capital and advisory gaps faced by diverse founders. It offers unrestricted capital grants, professional mentorship, and a long-term support network to foster growth. In 2022, Founder Forward supported 39 diverse early-stage businesses with $139,000 in capital grants and facilitated 218 advisory sessions[1].
• Grant Awards: Entrepreneurship Award Corp also provides grant awards to founders in specific regions. For instance, it offers grants to Black, Latinx, or Indigenous founders who are innovating with sustainability in mind or wish to incorporate more sustainable practices[2].

Financial Performance

As of 2022, Entrepreneurship Award Corp reported gross receipts of $176,082, with total assets of $594,403 and liabilities of $514,730, resulting in net assets of $79,673[1]. The organization operates transparently, submitting form 990 tax filings required for tax-exempt entities[1].

Leadership and Structure

The organization is part of Envolve USA, which is committed to promoting equity and access in entrepreneurship. Christopher Upperman is noted as a key figure in the organization[1].

Entrepreneurship Award Corp plays a significant role in reshaping the business landscape by focusing on equity, access, and diversity, thus driving economic growth and wealth creation within underserved communities.