Hello Alice is a free, multichannel platform that helps businesses launch and grow. +1 212-750-8300 The initiative was founded as a basic tenet of KKRs COVID-19 Relief Effort particularly during the early phases of the disease outbreak, with the goal of aiding female entrepreneurs and fledgling enterprises all over the continent recover from the global epidemic. across the U.S., as well as in China, Australia, England, and Ireland. Need Translation? (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. 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. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. COVID-19 has created unfathomable physical, economic and social disruption for people and communities around the world and the non-profit sector will continue to play a vital role in the recovery. Through SBB, KKR is awarding . Demonstrate need for support and a strong plan for moving forward. Yelp: Local Economic Impact Report (Rep.). References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. Be among the first to know with a curated mix of opportunities delivered straight to your inbox. KKR is in its third round of awarding grants to small-business owners and non-profits as part of its $50 million COVID-19 relief program. 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. Yet small business owners across the country are finding unique ways to not only survive but thrive and we see that in the data. 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. 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. The recovery from the pandemic will be lengthy and complex, requiring continued and reliable support for the nonprofit sector; our findings underscore this reality, and we are committed to ensuring help is on hand, said Pamela Alexander, Managing Director and Head of Corporate Citizenship at KKR. Keep reading to learn more about these grants and how you can apply. The grants will support these small businesses to help them maintain day-to-day operations and jobs, while also supporting their future growth. Without paid ads, our direct-to-consumer strategy would have fallen flat. To be eligible to apply for the KKR Small Business Builders Grants 2021, businesses must meet the following requirements: The business must have between 5 and 50 employees. At the federal level, SBA.gov provides limited small business grants. ET. Hello Alice uses cookies to make your experience even better. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The next round of applications is open until February 8, 2021. Subscribe now to get instant access to stories from business owners like you, funding opportunities from Hello Alice and our partners, and tips from small business experts. Phone: (202) 727-3900 As part of this initiative, KKR also announced the 82 grants awarded to small business owners and nonprofits in the final rounds of the KKR Small Business Builders (SBB) and KKR Grants programs. KKR is supporting these organizations with financial grants and strategic support. Outside US: +1 (212) 230-9410 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. 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. Please read our cookie notice for more information on the cookies we use and how to delete or block them. KKR has pledged an additional $1.5 million to support small businesses through its continued partnership with multichannel entrepreneurship platform Hello Alice and global partner GEN Global, bringing KKRs total commitment to small businesses to $4 million. KKR is supporting these organizations with financial grants and strategic support. in 2023, annual gross revenues will be expected to be less than $7 million USD. Apply Now The businesses selected in the final round of SBB grants are 71% minority-owned, 25% owned by veterans or their immediate family members, 14% owned by persons with disabilities and 10% LGBTQ+-owned. Cara Major or Miles Radcliffe-Trenner There is only one category of business eligible for this program: small businesses in rural areas. Ranging from healthcare providers to childrens gyms and comedy clubs, these recipients are using the funds to further their missions and serve their communities. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. KKR Small Business grants will give recuperation awards to nearby organizations in networks throughout the planet. Small businesses are the heart of our country, and we are proud to work with KKR to ensure their growth during these trying times.. Support for teachers, first responders, essential workers and front line medical professionals. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. To access the KKR COVID-19 Relief Effort Progress Report, click here. Anyone who is interested is offered immediate access to an extensive range of thoughtfully curetted resource bases. . Email: Investor-Relations@kkr.com. Deadline: June 2 KKR Small Business Builders will support companies in three key ways: In total, 30,508 small businesses and. he top industries supported in the latest round are Health and Wellness, Social Enterprise/Education, Food and Beverage Services, and Consumer Goods/Retail. KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic; are operated by historically underrepresented groups (HUGs); and/or are providing important community services. 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. 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. Lesia Daniel, owner of Funtime Preschool of Clinton, Mississippi, says she will use the $10,000 to offer relief to parents navigating childcare during the ongoing pandemic. "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. 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. 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. To qualify for the KKR Small Business Builders Grant Program for Female Founders, you must: Hundreds of small business owners have already been named recipients in Rounds 16 of the program. 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. It is defined as a rural community when there are fewer than 50,000 people living there. 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. 212-750-8300 A key pillar of KKR's COVID-19 Relief Effort, the Small Business Builders (SBB) grant supports entrepreneurs and their small businesses around the world. 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. 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. 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. The application for nonprofits is available at www.kkr.com/grants. Applications are now open through April 20, 2022, at 6 p.m. We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. 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. Amount: $10,000 The current round of applications is open until February 10, 2021. Launched in the early days of the pandemic, the program was created as a key pillar of KKRs COVID-19 Relief Effort with the goal of supporting small business owners around the world as they recover from the pandemic and build toward a better future. The grants were awarded to organizations 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. 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 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. Once you have checked the requirements needed for you to be able to apply for the KKR grant, then the next thing you want to do is ensure you have a registered business, that is, if you already have a business. Grant recipients included both international nonprofits and locally focused organizations in the U.S., U.K., France, and Germany. Hello Alice is a free, multichannel platform that helps businesses launch and grow. Telephone: +1 (877) 610-4910 Small businesses can learn more at kkr.helloalice.com. Find a grant based on your area. 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. Over the past two years, KKR and its employees have contributed more than $50 million in community funding to support over 20 million people across 19 countries. What would a $10,000 grant mean for your small business and the community it serves? 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. For more than 40 years, KKR has strived to build better companies and better futures for our investors. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Small businesses around the world can learn more and apply for KKR Small Business Builders grants at https://kkr.helloalice.com/, The application for nonprofits to apply for KKR Grants is available at www.kkr.com/grants. 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