As part of Global Entrepreneurship Week, GEN and Hello Alice partnered with KKR, a leading global investment firm, to shine a light on resources available to entrepreneurs around the world as they look to build back stronger than ever in response to the global economic slowdown caused by the COVID-19 pandemic.
GEN, Hello Alice and KKR hosted Helping Entrepreneurs Build Back to explore the needs of entrepreneurs and small business owners and the types of resources currently available to entrepreneurs. In particular, the session took a closer look at KKR Small Business Builders. The global program run by GEN, Hello Alice and KKR provides $5 million in grants, access to capital, technical expertise and a global network of support 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.
A recent survey of 100,000 entrepreneurs conducted by Hello Alice found that 83% of respondents felt optimistic that the economy would rebound in 2021 -- and an overwhelming 98% intend to begin rehiring in the new year. But in order to do that, first they need to make sure they can stay afloat until the economic recovery begins.
To this end, with support from Silicon Valley Bank, UBS, Door Dash, Verizon, Ebay and now KKR, GEN Global and Hello Alice have built a small business grants program deploying $20M dollars in grants between $2,500 & $50,000 through 2021 on a rolling basis. Every applicant receives mentorship and support, as well as access to hundreds of organizations through the partnership.
To apply for a KKR Small Business Builders grant, go to kkr.helloalice.com. The deadline for submissions for the latest round of applications is Wednesday, November 25.