The Small Business Builders (SBB) grant, which is a vital ingredient of KKRs COVID-19 Relief Effort, supports female entrepreneurs all over the world. ET! ? 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. Anita Davis The application for nonprofits is available at. Cara Major or Miles Radcliffe-Trenner All of the businesses have fewer than 40 employees and over 81% generated less than $1 million in 2019 gross revenue. These recipients, who span from healthcare practitioners to childrens health clubs and comic clubs, use the funds to further their missions and continue to contribute to their societies. At our core, building better is what we aim to do. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. The first round of SBB recipients are located in the U.S. and Asia, with 24 states across the U.S. represented. 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. The scheme is designed to help female establishments adapt to the continued COVID-19 downturn by stabilizing operational processes, upholding or establishing employment, and inspiring a better future. In the latest rounds, the KKR SBB program awarded $10,000 to 72 small business owners across 61 cities, 30 states and three countries. 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. Please click on "I understand" to view the presentation. 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. We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. 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 By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. For more information on eligibility, please visit the application page. There is only one category of business eligible for this program: small businesses in rural areas. They believe that now is the time to invest in our neighborhoods and neighbors in a new way. They also become part of Hello Alices network of 600,000+ small business owners. 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. 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 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. Who is eligible? 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. What you have to make sure you have covered would be your eligibility criteria requirements. All women-owned businesses are encouraged to apply. Email: dslbd@dc.gov 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. 1 Bialik, C., & Gole, D. (2020, September). 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. Applications are due by April 22 at 6 p.m. Necesita traduccin? This grant will cover tuition for families who have to quarantine due to a positive COVID case or COVID exposure.. The KKR Small Business Builders Grant Program for Female Founders makes available $10,000 to businesses managed and controlled by women worldwide to help them recover fully and flourish in the wake of the global pandemic. Establishes Global Programs with Echoing Green, Impetus and AVPN to Contribute to a Diverse Ecosystem of Future Leaders and Advancing Social Justice. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. A Rural Relief Small Business Grant is offered to small business owners in rural areas as part of LISC-Lowe's commitment to rural America. You must satisfy the following criteria to be able to qualify for the KKR Small Business Builders Grant Program: There is currently no information available regarding the KKR Small Business Builders Grant in 2023. State, county and city funded grants provide additional opportunities for small businesses. By continuing to use our service, you agree to our use of cookies. 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. 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. 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) 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. Operate in the United States, United Arab Emirates, Spain, Singapore, Luxembourg, Japan, Ireland, India, Germany, France, England, China, or Australia. across the U.S., as well as in China, Australia, England, and Ireland. 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. About KKR Small Business Builders. And this latest opportunity focuses specifically on women-led businesses. 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. Keep reading to learn more about these grants and how you can apply. In Celebration of GivingTuesday, Firm Also Provides $50,000 Community Grant to the NYC Partnership Foundation to Stimulate New Business Creation and Resiliency . Small businesses are the heart of our country, and we are proud to work with KKR to ensure their growth during these trying times.. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. 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. By using this site you agree to our use of cookies. Phone: (202) 727-3900 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. Here are more details about the KKR Small Business Grants Financial coverage: Fully Funded Join Our OC Community. (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. We believe that, together, we can be builders. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. Applications are now open through April 20, 2022, at 6 p.m. All of the businesses have between 5 and 50 employees and 75% reported less than $1 million in annual revenue. The current round of applications is open until June 2, 2021 at 11:59pm ET. A key pillar of KKRs COVID-19 Relief Effort, the Small Business Builders (SBB) grant supports entrepreneurs and their small businesses around the world. Eligible business must: "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. 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. 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. Need Translation? Hello Alice uses cookies to make your experience even better. 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. 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. If you have been selected, you would earn $10,000 in funding. 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. 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. Craig Larson KKR Small Business Builders will provide recovery grants to local companies in communities around the world. The current round of applications is . 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Whenever the enrollment period starts, eligible businesses can apply online via the Hello Alice grants portal. 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. 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. For more information, please visit kkr.helloalice.com. And right now, due to the impacts of COVID-19, many of them are in crisis. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. We know there is more work to do as we slowly emerge from the pandemic, and we remain committed to investing in and staying engaged in our communities., Final Round of KKR Small Business Builders. Since launching these programs in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 231 small businesses with direct support and grants of $10,000 each through the KKR SBB program. 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 program is 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. Must have less than $7 million USD 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. Complete your business profile to see available grants based on your business. 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. At the federal level, SBA.gov provides limited small business grants. 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. The businesses in this round are 52% women-owned, 56% are minority-owned and 23% are owned by veterans or their immediate family members. The next round of applications will open in September. ? KKR Small Business Builders will provide recovery grants to local companies in communities around the world. 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 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. 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 Small Business Builders Round 3 Recipients, J.D. Website: https://kkr.helloalice.com/ 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 KKR Grants program made commitments of more than $4.7 million to 28 nonprofits based in the US, UK, Singapore, Spain and Sweden. KKR has joined forces. 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. 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. 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