BUY IT BACK BLACK FUND
The goal of the Buy It Back Black Fund is to raise $10k every month from its members to help sustain or start a Black-owned business.
This month’s giveaway will be granted to a black-owned business in the Philadelphia area that offer products or services that positively impact the lives of black families in our communities. Our goal is to help uplift our communities and this month’s grantee will provide the goods and services every neighborhood needs for convenience and necessities.
What does your donation do?
- Help sustain Black-owned businesses within our communities
- Provide capital to start new Black-owned businesses
- Allow you to have a vote in what business receives the award
How it Works
Donors automatically become voting members.
The Buy it Back Black team will send important updates about the progress of the fund. Provide a valid email address during checkout to stay informed on the voting process.
Distrbution of Funds
Businesses to be considered for the grant award should submit the form below .
The selection committee and will review submissions.
Submissions that meet requirements will be chosen and voted on by all donors.
Votes will be counted and the awardee selected will be given the funds in a form of grant. No Strings attached!
Well, maybe 1 string...
Awardees must commit to paying it forward by donating to the fund for the next business recipient.
Do you have a Blackowned business or startup? Submit your business below to be considered for the $10k grant. Members (donors) will vote on the business to receive the award.
To be eligible you MUST meet the following criteria:
1. Must have donated to the fund
2. Must have an Employer Identification Number (EIN)
3. Must be registered in Philadelphia
4. Must be a brick and mortar or mobile service. All mobile service applicants must have a registered vehicle.
5. Must fall under one of these categories.
a. Adult education/ Financial Literacy
b. Health and wellness (must serve adults in some capacity)
c. Performing Arts (must serve adults in some capacity)
Submitting may take a few minutes uploading your media.