KRR Small Business Builder Grants are available to US businesses with 5 to 50 employees. 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 grants will give monetary help, involved help from KKR representatives and assets from KKR's accomplice . Everyone who applies receives free access to the thousands of curated resources. It is defined as a rural community when there are fewer than 50,000 people living there. Create an account or login to save this resource. NEW YORK--(BUSINESS WIRE)--KKR today published Engaged. Address: 441 4th Street Northwest, Washington, DC, USA. KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Applications are now open through April 20, 2022, at 6 p.m. NOTE: to apply, you will need to create a free account on the Hello Alice platform. 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. 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 current round of applications is open until February 10, 2021. Read a personal story about notifying grant recipients here. To date, the SBB program has awarded grants to 107 small businesses around the world. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. 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's Small Business Builders initiative is partnering with Hello Alice to provide small business owners grants, online resources and a thriving online community of peers, said Elizabeth Gore, Co-Founder and President of Hello Alice. Hello Alice is a free, multichannel platform that helps businesses launch and grow. Cara Major or Miles Radcliffe-Trenner Maintain a threshold of five (5) staff members and a maximum of fifty (50) staff members. In total, 30,508 small businesses and. NEW YORK--(BUSINESS WIRE)--KKR today announced the recipients of the latest rounds of KKR Relief Effort grants awarded through two of the initiatives cornerstone programs: KKR Small Business Builders (SBB) and KKR Grants. 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. We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. The current round of applications is open until June 2, 2021 at 11:59pm ET. KKR is in its third round of awarding grants to small-business owners and non-profits as part of its $50 million COVID-19 relief program. 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. Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. 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. We have considered each grant's requirements and eligibility criteria to provide you with the most comprehensive and up-to-date information on grants for single parents. Lesia Daniel, owner of Funtime Preschool of Clinton, Mississippi, says she will use the $10,000 to offer relief to parents navigating childcare during the ongoing pandemic. +1 212-750-8300 The grants were awarded to organizations 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. What would a $10,000 grant mean for your small business and the community it serves? KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Source: Anyone who is interested is offered immediate access to an extensive range of thoughtfully curetted resource bases. We believe that now is the time to invest in our neighborhoods and neighbors in a new way. 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. DUE: Next application round closes 10/15/2021. 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. Be a for-profit business establishment conducting business in any of the aforementioned nations: Australia, China, England, France, Germany, India, Ireland, Japan, Luxembourg, Singapore, Spain, the 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. Ludo Bammens In collaboration with Echoing Green (Americas), Impetus (EMEA) and the Asian Venture Philanthropy Network (AVPN) (APAC), KKR will support social entrepreneurs and changemakers working at the intersection of COVID-19 and youth leadership. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. 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. media@kkr.com, EMEA Since launching the KKR Relief Effort in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 305 small businesses with direct support and grants of . Must have less than $7 million USD in annual revenue. Hello Alice uses cookies to make your experience even better. Small businesses can learn more at kkr.helloalice.com. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. 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. 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. 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. Do you think that this grant could take your business to the next level? If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. 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. Small businesses are the heart of our country, and we are proud to work with KKR to ensure their growth during these trying times.. We believe that, together, we can be builders. KKR has awarded the first round of grants in two of the cornerstone programs of the KKR Relief Fund (the "Fund") focused on supporting small business owners and nonprofits. Funtime provides high quality, responsive early care and education as well as after school care, Daniel says. The federal government offers thousands of grants with opportunities for companies from all backgrounds. Businesses can receive up to $10,000. KKR Small Business grants will give recuperation awards to nearby organizations in networks throughout the planet. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. Application deadline: April 22, 2022 at 3 pm PT. ? The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. 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. Airy | Philadelphia, PA, Bates Distributors and Suppliers | Southfield, MI, Coastal Massage and Wellness | Jacksonville, NC, Elephant in the Room Counseling Services | Augusta, GA, Emmanuel Adult Day Center | Bridgeton, MO, MamaCellas Pizza Station & Catering | Lima, OH, Smart Economic Development | Orangeburg, SC, Strive Recreational Therapy | Clarkston, MI, Success Fitness & Training Center | Maplewood, MN, Umbrella Functional Consulting & Support Team | Croydon, PA, Whipped Urban Dessert Lab | New York, NY, Support for food security, safe housing, public health, and crisis relief, Building Opportunities for Self-Sufficiency (BOSS), Support for innovative pathways of workforce recovery and development, Association Coup de Pouce Partenaire de la russite lcole, Support for teachers, first responders, essential workers and front line medical professionals. Plus, they join a community of 600,000+ small business owners on Hello Alice. For more information, please visit kkr.helloalice.com. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. 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. The first round of SBB recipients are located in the U.S. and Asia, with 24 states across the U.S. represented. Unahitaji tafsiri? Email: Investor-Relations@kkr.com. Entrepreneurs may receive both educational support and grant funding to aid their businesses. 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. Demonstrate need for support and a strong plan for moving forward. | January 21, 2023 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. Thats what we want to know from anyone applying to the $10,000 KKR Small Business Builders Grant Program for Female Founders. 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. Anita Davis Please click on "I understand" to view the presentation. across the U.S., as well as in China, Australia, England, and Ireland. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. 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. If selected, you will receive a $10,000 grant. The results include the following: Over the past two years, we have provided support for the most vulnerable members of our communities who were disproportionally affected by the unprecedented global health, social and economic crisis, said Ken Mehlman, Partner, Global Head of Public Affairs and Co-Head of Global Impact at KKR. KKR is supporting these organizations with financial grants and strategic support. SBB and KKR Grants are available to organizations around the world with recipients selected in rounds on an ongoing basis. 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. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. ET. Besoin de traduction? In the first round of the KKR Small Business Builders (SBB) program, KKR has awarded $10,000 each to 55 small business owners from a diverse range of backgrounds across gender, race, ethnicity, business industry, size and geography. he top industries supported in the latest round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services, and Consumer Goods/Retail. KKR SBB and KKR Grants are available to organizations around the world with recipients selected on an ongoing basis. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. This site uses cookies to provide you with a more responsive and personalized service. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. At the federal level, SBA.gov provides limited small business grants. 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. To date, 67% of KKRs SBB grantees are from historically underrepresented groups and the LGBTQ+ community. Our new grant application will be available in 2023. media@kkr.com, KKR Announces Progress of the KKR COVID-19 Relief Effort, Internet Explorer presents a security risk. And right now, due to the impacts of COVID-19, many of them are in crisis. KKR Small Business Builders: 278 small business owners received grants of $10,000 or more and mentorship opportunities through the SBB program. Eligible business must: 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. Amount: $10,000 All women-owned businesses are encouraged to apply, but judges will emphasize companies that have pivoted their business in response to the pandemic, are operated by New Majority owners, and provide important community services. As we evolve our philanthropic programming beyond the relief effort, we aim to ease these challenges and ensure that communities around the world receive the support they need as they recover and rebuild.. 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. The businesses in this round are 52% women-owned, 56% are minority-owned and 23% are owned by veterans or their immediate family members. This grant program is presented in partnership with the Global Entrepreneurship Network and Hello Alice. In the final round of the KKR SBB program, 49 small business owners in 47 cities spread across 24 states in the United States, as well as in Singapore, were selected to receive $10,000 grants. 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. State, county and city funded grants provide additional opportunities for small businesses. To access the KKR COVID-19 Relief Effort Progress Report, click here. They are important. A Latina owned company, 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. 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 . DUE: Next application round closes 10/15/2021. To date, the KKR Relief Effort has allocated approximately $10 million to 60 nonprofits through the KKR Grants program. 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. 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. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. All women-owned businesses are encouraged to apply. 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. 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. Operate in the United States, United Arab Emirates, Spain, Singapore, Luxembourg, Japan, Ireland, India, Germany, France, England, China, or Australia, Earn less than $7 million USD in annual revenue, Be in good standing with the IRS or their local regulatory body. 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) To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Firm Commits Additional $1.5 Million to Small Business Builders Program. By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. 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. We recognize that not everyone has applied for a grant before, and the process can seem confusing to first-time applicants. The application for nonprofits is available at www.kkr.com/grants. Clark Professional Services, LLC | Upper Marlboro, MD, People's Restaurant Equipment Co. | Detroit, MI, United Educational Corp Programs | Randallstown, MD, Crispim BJJ Barra Brothers, LLC | Pleasanton, CA, Dos Hermanos Taco Truck, LLC | Columbus, OH, Annapolis Children's Therapy Center, LLC | Annapolis, MD, Lima Peruvian Food, LLC | San Francisco, CA, Medipoints Acupuncture Corp | Menlo Park, CA, Hickory Street Kitchen and Cocktails, LLC | Sisseton, SD, Tiny House Coffee Roasters, LLC | Austin, TX, Support for food security, safe housing, public health, and crisis relief, Aide et Espoir aux Rfugis Help and Hope, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and front line medical professionals, East Palo Alto Tennis and Tutoring (EPATT). The application for nonprofits is available at. 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. They believe that now is the time to invest in our neighborhoods and neighbors in a new way. December 19, 2022. KKRs Relief Fund is helping address challenges facing our shared communities through four key pillars: supporting portfolio company employees; engaging our employees as leaders and change-makers; assisting small businesses; and providing strategic grants and partnerships. 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. 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. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. 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. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. ET! +852 3602 7335 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 . Support for innovative pathways of workforce recovery and development, HEROES KKR is supporting these organizations with financial grants and strategic support. 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, supporting communities, creating meaningful workforce opportunities and helping our frontline heroes. The businesses selected in the final round of SBB grants are 71% minority-owned, 25% owned by veterans or their immediate family members, 14% owned by persons with disabilities and 10% LGBTQ+-owned. (2021-11-30 | NYSE:KKR) KKR Supports 74 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery Stockhouse.com uses cookies on this site. Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. , 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. Apply Now For more information or to apply: https://kkr.helloalice.com/ Small Business Funding Previous 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. For more information on eligibility, please visit the application page. 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. Small businesses can learn more and apply for SBB grants at. KKR has pledged an additional $1.5 million to support small businesses through its continued partnership with multichannel entrepreneurship platform Hello Alice and global partner GEN Global, bringing KKRs total commitment to small businesses to $4 million. 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. KKR Grants is also investing in an accelerator model across each of its core regions. All forward-looking statements speak only as of the date they are made. 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. 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. . 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 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. 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. Telephone: +1 (877) 610-4910 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. Representatives and assets from KKR & # x27 ; s accomplice grant funding to 278 small and businesses... Of its $ 50 million COVID-19 Relief program to 50 employees receives free access to impacts. Grants at Business and the community it serves story about notifying grant recipients here and... Invest in private equity, credit and real assets and has strategic partners manage... 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