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The menternship'S

Microgrant Initiative

Our mission is to elevate Black and Brown young women through personal and professional development. Using our network and resources, we seek to equip generations of purpose-driven leaders with the connections, skills, and values needed to serve and thrive in high-influence industries and beyond.

The Menternship’s Microgrant Initiative is designed to provide funding for Black and Brown women-owned small businesses to support their short-term expenses and projects. We prioritize supporting entrepreneurs and businesses in entertainment, media, sports,and fashion/beauty.

 
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TIMELINE

APPLICATIONS

ACCEPTED

APPLICATIONS

REVIEWED

APPLICANTS

NOTIFIED

 

ELIGIBILITY

  •  Black and Brown women in their twenties with small businesses are invited to apply. We prioritize businesses in entertainment, media, sports, & fashion/beauty, as well as non-profits and businesses designed to create social impact.    

  • Businesses and nonprofits must be in good standing and incorporated as a legal entity. You are registered in the U.S. and its territories as a legal entity, having an EIN. 

  • You must be 18 years or older to apply. 

  • You have fewer than 10 employees. 

  • Your annual revenues did not exceed $100k in any of the past three years.

  • Applicants may not use funding towards prior projects or events. You may only use this grant for upcoming projects and expenses.

  • Individuals may only be the recipient of one microgrant every three years.

  • Previous Menterns are not eligible to apply at this time. 

 

ADDITIONAL INFO

The Menternship’s mission is to elevate Black and Brown young women so that they may serve and thrive in high-influence industries and beyond. Compelling applications will demonstrate your character and values as a business woman, as well as your company’s commitment to expansion and impact. 

REVIEW PROCESS:

Applications will be reviewed by The Menternship’s 100% women-led team. Applicants will be notified of one’s application status by April 26th. Finalists should then be prepared to provide due diligence and grant documentation within 72 hours of notification (see Q&A).

 

RECIPROCITY:

The recipient is required to hold a brief support call with The Menternship’s leadership team prior to disbursement of funds. 

The recipient will be obligated to provide a short written report detailing use of funds and grant activity to The Menternship within 90 days of receiving funds.

If awarded, the applicant gives consent for The Menternship to repost or share the applicant’s media and/or digital content, including but not limited to press releases, social media photos or videos, and web content, for the purposes of promotion.

 

APPLICATION FORMAT:

Applications should be submitted electronically using the online application.

Want to confirm that we’ve received your application? You can only apply to this grant once, so check the application link to confirm you’ve submitted.

For any additional application materials, please send to connect@thementernship.org

MICROGRANT FAQ’s

Q: How does The Menternship define “women-owned”?

A: The Menternship seeks to support businesses and nonprofits run by people who are woman-identifying. We follow the criteria of the Small Business Administration and define “women-owned” as 51% owned, controlled, operated, and managed by a woman or women. Businesses must meet these criteria to be eligible to apply. In the case of nonprofits, leadership must be 51% or more controlled, operated, and managed by a woman or women to be eligible to apply.

If your business or nonprofit is selected as a finalist, we will require supporting information to confirm your organization is women-led. This may include, but is not limited to: staff lists (including your Board Of Directors if your entity is a nonprofit), a Schedule K-1, or WBENC Certification.

 

Q: Will there be additional documentation required after I submit my application? 

A: If your business or nonprofit is selected as a finalist, we will notify you via email. Being selected as a finalist does not guarantee you will receive a grant. As a finalist, additional documentation will be required to verify information provided in your application. Required due diligence information may include an EIN, W-9 Form, and appropriate banking information in order to receive funds via ACH if awarded. Required grant documentation may include evidence that your business or nonprofit is women-owned, as well as financial statements.

 

Q: How can I get in touch with a member of The Menternship team?

A: You can reach us at connect@thementernship.org.

 

Q: What if my business has been dormant due to the COVID19 pandemic? Do I still qualify?

A: Yes! You can tell us more about this in question 2 on the application.

 

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