Win $35K for Your Black-Owned Biz: AI Illumination Grant 2024!

Posted on: 23, Apr 2025

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7 days Left

Deadline: 02, May 2025

Black-owned e-commerce businesses: Turn AI from intimidating to invaluable—and compete for $35,000 in grants

Why This Matters: The AI Illumination Grant, backed by the Fifteen Percent Pledge, a16z CLF, and Hartbeat Ventures, is a two-part opportunity to:

  • Learn how AI can transform your business through expert-led webinars (March 13 & 21).
  • Compete for a  20K top prize or 15K runner-up award to implement AI tools. 

Key Perks:

  • No revenue minimum—ideal for early-stage businesses (1–15 employees).
  • Free webinars on AI for storytelling (Gamma) and product design (Raspberry AI).
  • Grant funding with no equity taken—pure growth capital.

Eligibility Snapshot:

  • Black-owned (50%+ equity by Black founder(s)).
  • E-commerce business selling physical products.
  • Must attend at least 1 webinar and join the Business Equity Community.

Grant Application Deadline: May 2, 2024.

Key Dates:

  • Webinar #1: March 13, 3–4 PM ET (AI for Storytelling).
  • Webinar #2: March 21, 3–4 PM ET (AI for Product Design).
  • Winners Announced: Early June 2024.

Eligible Regions: Open to U.S.-based Black-owned e-commerce businesses (assumed—adjust if global).

Eligibility Requirements:

  • Black-owned (≥50% equity by Black founder(s)).
  • E-commerce selling physical products.
  • 1–15 employees (founder included).
  • Attend 1+ webinar and join the Business Equity Community.

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