2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. 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. December 19, 2022. At a time when the challenges facing communities are tremendous, these grants aim to support small business owners and high-impact nonprofits to enable them, and ultimately the greater community, to meet this moment of immense disruption., All businesses start small and desire to grow. The final round of KKR Grants through the relief effort included commitments of more than $3.1 million to 33 nonprofits. 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. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. across the U.S., as well as in China, Australia, England, and Ireland. The current round of applications is open until September 24, 2021. All of the businesses have between 5 and 50 employees and 75% reported less than $1 million in annual revenue. 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. Apply Now By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. 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). KKR Small Business Builders will provide recovery grants to local companies in communities around the world. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. Read a personal story about notifying grant recipients here. Hello Alice hosts grant programs to connect small business owners with the funding they need to respond to disasters, expand their impact, and grow their bottom line. The first round of SBB recipients are located in the U.S. and Asia, with 24 states across the U.S. represented. 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. 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 is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. 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. If you have been selected, you would earn $10,000 in funding. Funtime provides high quality, responsive early care and education as well as after school care, Daniel says. Maintain a threshold of five (5) staff members and a maximum of fifty (50) staff members. We continue to be inspired by the resilience and perseverance of our communities and small businesses and we are pleased to expand our partnership with Hello Alice and GEN Global. 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. 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. 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. The businesses in this round are 52% women-owned, 56% are minority-owned and 23% are owned by veterans or their immediate family members. KKR is supporting these organizations with financial grants and strategic support. For more information, please visit www.kkr.com/grants. 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. KKR Small Business Builders Round 2 Recipients, Action Karate Mt. 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 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. , 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. 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. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. A key pillar of KKRs COVID-19 Relief Effort, the Small Business Builders (SBB) grant supports entrepreneurs and their small businesses around the world. KKR Small Business Builders will provide recovery grants to local companies in communities 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 . 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. Applications are now open through April 20, 2022, at 6 p.m. Women-led small businesses can apply for $10,000 in grant funding through investment firm KKR this spring.. 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. Address: 441 4th Street Northwest, Washington, DC, USA. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. "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. Complete your business profile to see available grants based on your business. 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. 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. All forward-looking statements speak only as of the date they are made. Our Relief Effort KKR Grants program has officially concluded, and we are designing our new grant-making strategy. +852 3602 7335 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. Support for teachers, first responders, essential workers and front line medical professionals. 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. Must have less than $7 million USD in annual revenue. Plus, they join a community of 600,000+ small business owners on Hello Alice. 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. The application for nonprofits is available at. Website: https://kkr.helloalice.com/ whose work supports priorities related to. To be eligible for the grant, a business must: Copyright 2023 SCORE Association, SCORE.org. For more than 40 years, KKR has strived to build better companies and better futures for our investors. Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. 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 Cara Major or Miles Radcliffe-Trenner 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. 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. 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. 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. The current round of applications is open until May 3, 2021. 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. KKR has joined forces. View grants in your industry. 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. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. For more information or to apply: https://kkr.helloalice.com/ Small Business Funding Previous 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. The application for nonprofits is available at www.kkr.com/grants. Grant recipients included both international nonprofits and locally focused organizations in the U.S., U.K., France, and Germany. They also become part of Hello Alices network of 600,000+ small business owners. We are pleased to announce the latest group of small business and nonprofit recipients through the KKR Relief Effort and we plan to continue these programs in order to be part of the recovery and resiliency our communities need, said Ali Hartman, KKRs Head of Global Citizenship. And this latest opportunity focuses specifically on women-led businesses. 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. "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.". 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. If you have any concerns, feel free to email Citizenship@kkr.com. 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. Some small business grant programs are confined to a specific entrepreneur demographic or business profile and they often have an application process that is easier to navigate. At our core, building better is what we aim to do. 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. 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. Here are more details about the KKR Small Business Grants Financial coverage: Fully Funded Join Our OC Community. Retrieved https://www.yelpeconomicaverage.com/business-closures-update-sep-2020.html, Cara Major or Miles Radcliffe-Trenner Find out more, About Our Work | Donate | Contact Us | Privacy Policy Copyright USBusinessGrants.org 2021. In connection with the progress report, KKR announced the recipients of the final rounds of KKR SBB and KKR Grants programs, two of the cornerstone initiatives of the KKR relief effort focused on providing grants and support to small businesses and nonprofits worldwide. Start Application To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.yelpeconomicaverage.com/business-closures-update-sep-2020.html, Small businesses around the world can learn more and apply for SBB grants at, The application for nonprofits is available at. DUE: Next application round closes 10/15/2021. KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic and are providing important community services. 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. 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 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 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. 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. 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. 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. Through SBB, KKR is awarding . Hello Alice uses cookies to make your experience even better. Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. Deadline: June 2 KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. 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. Cn dch? DUE: Next application round closes 10/15/2021. Eligible business must: Who is eligible? 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. By using this site you agree to our use of cookies. Establishes Global Programs with Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social Justice. 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 . If selected, you will receive a $10,000 grant. 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. After that, a KKR board will carefully consider the applicants and choose the finalists based on who effectively meets the agencys conditions and requirements. KKR Small Business Builders Round 3 Recipients, J.D. KKR COVID-19 Relief Effort Progress Report (the COVID-19 Report), which discusses the relief fund formally established by KKR and its employees in May 2020 to provide support for those most affected by COVID-19 and the resulting economic dislocation. The Small Business Builders (SBB) grant, which is a vital ingredient of KKRs COVID-19 Relief Effort, supports female entrepreneurs all over the world. KKR Small Business Builders: 278 small business owners received grants of $10,000 or more and mentorship opportunities through the SBB program. KKR sponsors investment funds that invest in private equity, credit and real assets and has 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. 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. Access to capital: Provide access to capital through a series of $10,000 grants to selected small businesses in our communities KKR is supporting these organizations with financial grants and strategic support. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Due to COVID, we made a quick pivot to focus on consumer packaged goods and ready-to-drink products. Firm Commits Additional $1.5 Million to Small Business Builders Program. For the seventh round of the program, KKR is pleased to support small businesses with female founders. For more information on eligibility, please visit the application page. 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