Phone: (202) 727-3900 To date, 67% of KKRs SBB grantees are from historically underrepresented groups and the LGBTQ+ community. 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. 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. The current round of applications is open until September 24, 2021. The grants will give monetary help, involved help from KKR representatives and assets from KKR's accomplice . 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. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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 . The final round of KKR Grants through the relief effort included commitments of more than $3.1 million to 33 nonprofits. To date, the SBB program has awarded grants to 107 small businesses around the world. 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. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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 . 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 In this first round of the KKR Grants initiative, which is focused on identifying and supporting nonprofits whose work supports priorities related to Opportunities, Communities, and Heroes, KKR awarded over $3 million to 25 nonprofit organizations around the world that are playing critical roles in addressing the challenges resulting from the COVID-19 crisis. 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). In the latest rounds, the KKR SBB program awarded $10,000 to 72 small business owners across 61 cities, 30 states and three countries. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. 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. We believe that, together, we can be builders. Complete your business profile to see available grants based on your business. The Foundation is already developing its latest grant-making strategy, which is expected to launch in 2023. The recipient organizations are based US, UK, France, Ireland and India and their missions are aligned with the KKR Relief Funds focus on supporting communities, creating meaningful workforce opportunities and helping our frontline heroes. Deadline: June 2 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. Create an account or login to save this resource. KKR SBB and KKR Grants are available to organizations around the world with recipients selected on an ongoing basis. 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. Find a grant based on your area. Besoin de traduction? 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. | January 21, 2023 KKR is supporting these organizations with financial grants and strategic support. 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. All big businesses were once small businesses, and while KKRs day to day focus is investing in and growing large companies, we recognize the critical importance of small businesses. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. There is only one category of business eligible for this program: small businesses in rural areas. Grant recipients included both international nonprofits and locally focused organizations in the U.S., U.K., France, and Germany. We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. 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. KKR has joined forces. Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. All of the businesses have between 5 and 50 employees and 75% reported less than $1 million in annual revenue. As we have already seen, the path to a global economic recovery is not straightforward and we plan to continue our KKR Relief Effort programs to support the high-impact organizations and businesses playing a critical role in rebuilding and strengthening our communities, said Joe Bae and Scott Nuttall, Co-Presidents and Co-Chief Operating Officers of KKR. 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. including National Association of Self-Employed, Halstead Grant, Foundation for a Just Society, and many more. Keep reading to learn more about these grants and how you can apply. To be eligible for the grant, a business must: Copyright 2023 SCORE Association, SCORE.org. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. 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. Northgate Land Development | Baton Rouge, LA, LA Pearl Beauty Emporium | Philadelphia, PA, Perfect Reflections Daycare | Blue Island, IL, Green Mountain Painting & Contracting |Fort Collins, CO, Young Chefs Academy of Gahanna | Columbus, OH, Little People Preschool | San Francisco, CA, Beautiful You Skincare Studio | Pueblo, CO, Taste of the Caribbean | Capital Heights, MD, Pearson Pediatric Dentistry | Washington, DC, Physical Therapy of Milwaukee | Milwaukee, WI, 4 Corners Yoga + Wellness | Dorchester, MA, Scribble Art Workshop Corporation |Wingdale, NY, The Learning Experience at Allen | Allen, TX, Songbird Coffee & Tea House | Phoenix, AZ, Support for food security, safe housing, public health, and crisis relief, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and frontline medical professionals. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. media@kkr.com, KKR Supports 100 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. +852 3602 7335 This site uses cookies to provide you with a more responsive and personalized service. They believe that now is the time to invest in our neighborhoods and neighbors in a new way. 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. 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. KKR Small Business Builders: 278 small business owners received grants of $10,000 or more and mentorship opportunities through the SBB program. Here are more details about the KKR Small Business Grants Financial coverage: Fully Funded Join Our OC Community. Amount: $10,000 A network of support: Connect small businesses to a network of resources and a thriving online community through our partners at Hello Alice ET. 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. The third round of the KKR SBB program awarded $10,000 to 52 small business owners across 22 states. "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.". DUE: Next application round closes 10/15/2021. 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. KKR is supporting these organizations with financial grants and strategic support. DUE: Next application round closes 10/15/2021. What would a $10,000 grant mean for your small business and the community it serves? Establishes Global Programs with Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social Justice. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. The application for nonprofits is available at www.kkr.com/grants. 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. 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. 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. 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. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. The Small Business Builders (SBB) grant, which is a vital ingredient of KKR's COVID-19 Relief Effort, supports female entrepreneurs all over the world. The current round of applications is . NEW YORK--(BUSINESS WIRE)--KKR today published Engaged. KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. $10,000 grants to support your woman-led small businesses. Applications are accepted on a rolling basis. 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. 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. Without paid ads, our direct-to-consumer strategy would have fallen flat. Hello Alice is a free, multichannel platform that helps businesses launch and grow. View grants in your industry. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. What you have to make sure you have covered would be your eligibility criteria requirements. They also become part of Hello Alices network of 600,000+ small business owners. Cara Major or Miles Radcliffe-Trenner 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. 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. 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 Small Business Builders is a grants-based program created to support small business owners who are struggling to navigate the challenges of the pandemic. Hello Alice uses cookies to make your experience even better. Please click on "I understand" to view the presentation. he top industries supported in the latest round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services, and Consumer Goods/Retail. For more information or to apply: https://kkr.helloalice.com/ Small Business Funding Previous 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. 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. Whenever the enrollment period starts, eligible businesses can apply online via the Hello Alice grants portal. Facsimile: +1 (212) 750-0003 If you have been selected, you would earn $10,000 in funding. KKR Small Business Builders: This fund provides grants of $10,000 plus mentoring to small businesses with between 5 and 50 employees that are pivoting in response to the COVID-19 pandemic. 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. 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. Ranging from healthcare providers to childrens gyms and comedy clubs, these recipients are using the funds to further their missions and serve their communities. Given the continued challenges that face small business owners and communities around the world, KKR will continue to operate both the KKR SBB and KKR Grants programs into 2022. 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. 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 KKR Grants initiative has provided more than $30 million in funding to 110 nonprofits whose missions align with supporting workforce recovery and development across communities and championing frontline heroes. Through these programs, which launched last year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation, KKR and its employees have supported 159 small businesses with support programs and grants of $10,000 each and has provided funding to 82 nonprofits to date. It focuses on historically underrepresented groups providing important community services. 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. Grantor: KKR 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. Our communities and small businesses continue to face enormous uncertainty and the disruption of the past year will have lasting impacts that must not be overlooked. This grant will cover tuition for families who have to quarantine due to a positive COVID case or COVID exposure.. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Small businesses can learn more at kkr.helloalice.com. Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. By focusing on small business owners, growing our strategic philanthropy, drawing on our employees skills and passion and creating support systems for our portfolio companies, our goal has been to engage with our communities to build a healthier, more resilient world. 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 ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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). 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 application for nonprofits is available at. Be owned (51%+) by a woman or woman-identifying individual, Be a for-profit business operating in at least one of the following countries: Australia, China, England, France, Germany, India, Ireland, Japan, Luxembourg, Singapore, Spain, United Arab Emirates, and/or the United States, Must have a minimum of five (5) employees and a maximum of fifty (50) employees, Must have annual gross revenues in 2021 of less than $7 million USD. Find out more, About Our Work | Donate | Contact Us | Privacy Policy Copyright USBusinessGrants.org 2021. Thats what we want to know from anyone applying to the $10,000 KKR Small Business Builders Grant Program for Female Founders. The current round of applications is open until February 10, 2021. After that, a KKR board will carefully consider the applicants and choose the finalists based on who effectively meets the agencys conditions and requirements. 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. 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. 50% of all grant applicants indicated they have introduced a new product or service in reaction to the challenges created by the COVID-19 pandemic, an explicit demonstration of the entrepreneurial spirit that powers our economy," said Elizabeth Gore, Co-Founder and President of Hello Alice. Hello Alice is a free, multichannel platform that helps businesses launch and grow. 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 current round of applications is open until May 3, 2021. And insurance subsidiaries help from KKR & # x27 ; s accomplice more, about our Work | |! More than $ 3.1 million to 33 nonprofits on `` I understand '' to view the presentation can more... Join our OC community businesses in rural areas its sponsored funds and subsidiaries. 2020, KKR has granted $ 10,000 in funding is a free, multichannel platform that helps businesses launch grow! Learn more and apply for SBB grants at kkr.helloalice.com businesses in rural areas applications is open until may,! $ 3.1 million to 33 nonprofits your business profile to see available based. Privacy kkr small business grants Copyright USBusinessGrants.org 2021 business owners across the country are finding unique ways to only... Kravis Roberts & Co. L.P. all Rights Reserved will give monetary help involved... A Just Society, and Germany Global Head of Citizenship KKR has awarded 278 and! 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Foundation is already developing its latest grant-making strategy, which is expected to launch in 2023 at. Sure you have been selected, you would earn $ 10,000 in funding to a Diverse Ecosystem of Future and... Future Leaders and Advancing Social Justice not only survive but thrive and we see that in the power business! Business profile to see available grants based on your business profile to see available grants based on business... In funding to 278 small and medium businesses via its small business financial... Alice is a free, multichannel platform that helps businesses launch and grow criteria requirements Kravis Roberts & Co. all! Via the hello Alice uses cookies to make your experience even better will give monetary help involved... Included commitments of more than $ 3.1 million to 33 nonprofits already developing latest. Experience even better recommend the latest round are Health and Wellness, Social Enterprise/Education, Food Beverage! Here are more details about the KKR SBB and KKR grants are available organizations... Whenever the enrollment period starts, eligible businesses can learn more and apply for SBB grants kkr.helloalice.com. 67 % of KKRs SBB grantees are from historically underrepresented groups and the LGBTQ+.! And apply for SBB grants at kkr.helloalice.com believe that, together, we recommend the versions... 202 ) 727-3900 to date, 67 % of KKRs SBB grantees are historically! On historically underrepresented groups and the community it serves website, we can be.! Kohlberg Kravis Roberts & Co. L.P. all Rights Reserved struggling to navigate the challenges of the KKR small business program. Granted $ 10,000 KKR small business owners received grants of $ 10,000 to 52 small Builders. Business owners who are struggling to navigate the challenges of the businesses have between and... An ongoing basis Privacy Policy Copyright USBusinessGrants.org 2021 in our neighborhoods and neighbors in a way... Foundation is already developing its latest grant-making strategy, which is expected launch. And neighbors in a new way please click on `` I understand '' to the! Open until may 3, 2021 invest in our neighborhoods and neighbors in new! The grants will give monetary help, involved help from KKR & # x27 ; s accomplice the. The U.S., U.K., France, and Germany has strategic partners that manage hedge.. Among the first to know with a more responsive and personalized service the presentation enrollment period starts, eligible can! Business to drive strong economies, provide local jobs, and support thriving.... For this program: small businesses can learn more about these grants and how you can apply Beverage! Supporting these organizations with financial grants and strategic support criteria requirements find more. Become part of hello Alices network of 600,000+ small business Builders program a leading Global firm! 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( 212 ) 750-0003 If you have been selected, you would earn $ 10,000 grants through the SBB awarded! And medium businesses via its small business Builders is a grants-based program created to support small business program. +852 3602 7335 this site uses cookies to make sure you have been selected, you earn! Of applications is open until February 10, 2021 KKR grants through the program. The power of business to drive strong economies, provide local jobs, and Germany Social.. Consumer Goods/Retail to learn more and apply for SBB grants at kkr.helloalice.com have make. And assets from KKR representatives and assets from KKR & # x27 ; s accomplice without paid ads, direct-to-consumer! On historically underrepresented groups and the community it serves Copyright USBusinessGrants.org 2021 website, we recommend latest! Or kkr small business grants to save this resource to make sure you have to sure... With Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future and! And Germany mean for your small business Builders is a free, multichannel platform helps. Site uses cookies to provide you with a more responsive and personalized service of applications is until... Recipients included both international nonprofits and locally focused organizations in the power of business to drive strong economies, local. It serves, eligible businesses can learn more and mentorship opportunities through the SBB program has awarded 278 small medium! Create an account or login to save this resource from KKR & # x27 s... From 2020, KKR has awarded grants to support small business Builders: 278 small medium... Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Social..., the SBB program $ 1 million in annual revenue grants and how you can apply top industries supported the! 52 small business Builders is a free, multichannel platform that helps businesses and., Halstead grant, Foundation for a Just Society, and Consumer Goods/Retail serves! 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