August 5, 2022

Black Girl Magic Summit Offers Black Entrepreneurs Up To $100K In Grants

The Black Girl Magic Digital summit, which has returned for its fourth consecutive year of programming, will allow small-business female-owned entrepreneurs to qualify for a prize pool of $100,000 in grants. 

The summit, produced by Boss Women Media production, aims to educate, empower, and equip Black women. The summit’s goal will be to celebrate and support thousands of global attendees, including a network of corporate professionals, entrepreneurs, and student changemakers.  

“We are on a mission to provide Black women with the tools and education they need to take the next steps towards having more,” said Marty McDonald, Founder and CEO of Boss Women Media. 

Finance giant, Capital One, will also sponsor the Black Girl Magic Summit Pitch Competition to provide $100,000 in grants to three female-owned small businesses. This figure has significantly increased from the $50,000 offered in 2021. The partnership extends Capital One’s Impact Initiative, a multi-year commitment that invests in underserved communities and businesses and supports organizations expanding economic opportunities. 

“The Black Girl Magic Digital Summit is a pivotal part of this mission as it gives us the stage and presence to amplify critical conversations and poignant messages. We are honored to have partnered with Capital One again for this year’s digital summit. Their team has been a steadfast ally over the years, and we can’t wait to see the magic from this digital summit reach more Black women than ever before.” 

Applications will be open between now and August 12.

Kumba Kpakima

Kumba Kpakima is a reporter at POCIT. A documentary about the knife crime epidemic in the UK got her a nomination for the UK's #30toWatch Young Journalists of the Year.