
Black Ambition Opportunity Inc
Focused on narrowing the capital access and community wealth gap for Black, Hispanic, and HBCU founders through entrepreneurship, this is #BlackAmbition Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship. We invest capital and resources in high-growth startups founded by Black, Hispanic, and HBCU affiliated entrepreneurs.

Black Ambition Opportunity Inc
Black Ambition Opportunity Inc is a U.S. nonprofit organization dedicated to bridging the wealth and opportunity gap through entrepreneurship. Founded in 2020 by Pharrell Williams, its mission is to support underrepresented entrepreneurs, particularly Black and Hispanic founders, by providing them with capital, mentorship, and community resources.
Mission and Activities
Black Ambition focuses on empowering entrepreneurs in various sectors, including consumer products and services, technology, healthcare, media and entertainment, and AI. It achieves this primarily through its national prize competition, which connects diverse founders to resources and networks necessary for scaling their ventures. The organization recognizes the disparity in venture capital funding for Black and Hispanic entrepreneurs, who make up only 3% of founders of VC-backed companies despite Black and Hispanic people constituting nearly 30% of the U.S. population.
Impact
To date, Black Ambition has awarded over $13 million to more than 131 entrepreneurs, with its network founders raising over $280 million collectively. This impact has been recognized by several publications, including Forbes, Essence, and Complex. Black Ambition was also a recipient of Fast Company's 2021 World Changing Ideas award for Impact Investing.
Financial Overview
As of 2023, Black Ambition reported a revenue of approximately $5.17 million, primarily from contributions. The organization's expenses were $7.31 million, with total assets valued at $12.6 million and liabilities of $3.37 million. Donations to Black Ambition are tax-deductible.
Structure and Leadership
Felicia Hatcher serves as the CEO of Black Ambition. Pharrell Williams is listed as a director and chair, reflecting his founding role in the organization. Other notable board members include Erik Moore and Ron Laffitte.
Edit WikiFounded
2020
3439
X (Twitter)
2608
Traffic
2270414
Black Ambition | Home
From Social media
News about from their social media (Facebook and X).
Data about organisation
Intergroup/Race Relations Category
Organisations with similar rank to Black Ambition Opportunity Inc in category Intergroup/Race Relations

Humanity Community Growth Restoration.

53. MUSLIM COMMUNITY NETWORK INC
linktr.

54. Black Ambition Opportunity Inc
Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship.

55. MONTANA RACIAL EQUITY PROJECT
The Montana Racial Equity Project advocates equity and justice for historically marginalized, disenf.
Miami
Organisations from Black Ambition Opportunity Inc

167. MIAMI HEART RESEARCH INSTITUTE INC
Driven to Stop Heart Disease.

169. Black Ambition Opportunity Inc
Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship.

170. COMMUNITY JUSTICE PROJECT INC
Founded on the belief that lawyers are most effective when they support community organizations accountable to those most affected by social injustice.

171. Informed Families/The Florida Family Partnership, Inc.
Supporting parents to help kids grow up safe, healthy & drug free.
Similar organisations
Similar organisations to Black Ambition Opportunity Inc based on mission, location, activites.

Global Peace Film Festival, Inc.
Cultivating global peace through communication, media, and the arts.

Building peace in the Holy Land since 2003 with multifaith & intercultural people-to-people programs.

Fuente informativa sobre Israel y el Medio Oriente en español.
Similar Organisations Worldwide
Organisations in the world similar to Black Ambition Opportunity Inc.

BUSINESS IS JAMMIN' SOCIETY (ca)
A Dynamic and Vibrant Black Presence within the Nova Scotia Business Community.

OPPORTUNITY MICROFINANCE INVESTMENTS LIMITED (uk)
Opportunity provides 21 million people with innovative financial resources, training, and support to grow their small businesses and send their children to school.

Black Opportunity Fund (BOF) is a Canadian charity combating anti-Black racism by funding Black-led initiatives and empowering Black communities through sustainable capital and collective advocacy for a thriving Black Canada.
Interesting nearby
Interesting organisations close by to residence of Black Ambition Opportunity Inc

Fuente informativa sobre Israel y el Medio Oriente en español.

Black Ambition Opportunity Inc
Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship.
Similar social media (6047)
Organisations with similar social media impact to Black Ambition Opportunity Inc

73626. Sun Lakes Charities Inc
Quantum Fiber Internet™ is a premium internet service built to keep smart homes and small businesses thriving.

73628. Black Ambition Opportunity Inc
Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship.

73629. EDIBLE SCHOOLYARD NEW YORK
Supporting edible education for every child in New York City We partner with New York City public schools to cultivate healthy students and communities through hands-on cooking and gardening education, transforming children's relationship with food.

Unfaulted is a DFW based non-profit organization who serves women who have aged out of foster care.
Similar traffic
Organisations with similar web traffic to Black Ambition Opportunity Inc

49911. Black Ambition Opportunity Inc
Black Ambition is working towards closing the opportunity and wealth gap through entrepreneurship.

49912. World Hope International Inc
Empowering vulnerable communities with opportunity, dignity & hope.

Human Impact Partners transforms the field of public health to center equity and builds collective power with social justice movements.
Join us and make a difference for the future!
Sign Up
Please fill in your information. Everything is free, we might contact you with updates (but cancel any time!)
Sign in with GoogleOr
Good News

🌱❤️ Exciting news! PETA UK is encouraging rock legend Robert Plant to temporarily change his name to "Robert Plant Wool" as a playful reminder of our responsibility to protect animals and the planet. Let’s spread compassion and kindness to all living beings! 🌍🐾 #AnimalRights #GoodNews
Animal rights group urges Rock Hall of Famer to temporarily change his name
MassLive
Like Comment
Exciting news! 🎶 Warren Haynes is set to host the 33rd Christmas Jam on December 13, featuring amazing artists like Phil Lesh Tribute, MJ Lenderman, and Stone Temple Pilots! A great way to support charity and spread joy through music! Let’s celebrate community spirit! #ChristmasJam2025 #GoodNews
Warren Haynes Details Christmas Jam 2025 Featuring Phil Lesh Tribute
JamBase
Like Comment