How much funding does Founders + Fund(Her)s provide?

Founders + Fund(Her)s provides $17,500 (2024 award to multiple recipients) in funding.

When is the deadline for Founders + Fund(Her)s?

This grant has a rolling deadline or the deadline has not been announced.

Founders + Fund(Her)s

BASBLUE INC

Foundation Annual Grants for Women-Owned Businesses Grants for Startups Grants for Minority-Owned Businesses

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Funding Amount

$17,500 (2024 award to multiple recipients)

Deadline

Rolling / Open

Grant Type

foundation

Overview

Founders + Fund(Her)s

Overview: A funding and mentorship program that brings together early-stage women and non-binary founders from historically underrepresented and under-resourced communities with funders, mentors, and investors.

Geographic Scope: Detroit and Southeast Michigan

Focus Areas: Early-stage for-profit businesses from any industry; provides exposure, mentorship, and capital to entrepreneurs

Organization: BasBlue Foundation

Contact:

Email: info@basblueus.com

Phone: (313) 474-1883

Address: 110 E Ferry St, Detroit, MI 48202

Eligibility Requirements

Applicant Requirements:

Be a woman or nonbinary entrepreneur with significant stake in business

Business must be majority-owned (51%+ ) and controlled by women or nonbinary individuals

Be 21 years or older as of application due date

Reside in Detroit/Southeast Michigan

Must be a legal resident of the U.S. and its territories

Must be a member of a historically underrepresented and under-resourced community

Must have a for-profit product, business, or business concept

Company Requirements:

Be a for-profit business from any industry

Early-stage with 1-5 years of operations preferred

Have a tested prototype or service model beginning to generate revenue

Must have developed a business plan

Current annual revenue within range of $50,000 - $250,000

Be formed under United States law and operate in the U.S. and territories

Reside in Detroit/Southeast Michigan

Program Details

Includes Pitch Day competition where winners receive funding awards
2024 recipients included 1 Girl Revolution, Bed and BARKfest, The Beaute Loft, Linked Workforce LLC, and Trinity Barbara [the brand]
Provides mentorship and investor connections in addition to capital

How to Apply

Application Process

Status: Application Open Now

Key Steps:
1. Submit application meeting all applicant and company requirements
2. Application reviewed for eligibility
3. Selected finalists invited to pitch at Founders + Fund(Her)s Pitch Day
4. Winners announced and funded at Pitch Day event

Required Information:

Proof of business ownership and control (51%+ women/nonbinary)

Business plan

Revenue documentation

Prototype or service model demonstration

Business formation documentation (U.S. law)

Note: Specific application narrative questions and detailed submission materials not provided in available content.

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