Black Girl Ventures

Name

Black Girl Ventures

Legal name

BGV Foundation

Website

https://blackgirlventures.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Nonprofit Entrepreneur Support Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Corporate Accelerators & Startup Programs (FSANAHAD)

akta.pro secondary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Nonprofit entrepreneur support
• Pitch competition funding
• Minority business grants
• Founder community programs
• Multicultural entrepreneur development

Headquarters

HQ city

Alexandria

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Corporate Sponsorships: Corporate partners (Nike, eBay, Google, Kroger Foundation, NBA Foundation, PayPal, TikTok, Visa, Estée Lauder, GM, and others) provide financial support and resources to fund programs and grants for entrepreneurs.
2. Donations: Individual donations from supporters, including campaigns like the #19forthe19th Juneteenth telethon where 100% of funds go directly to under-resourced founders.
3. 501(c)(3) Nonprofit Funding: Foundation operates as a 501(c)(3) nonprofit organization, receiving support from foundations including Henry Luce Foundation, Nathan Cummings Foundation, and Lever for Change.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Black Girl Ventures (BGV Foundation) is a 501(c)(3) nonprofit that provides direct grant funding, pitch competitions (BGV Pull Up & Pitch, awarding up to $30K), three-track founder support programs, and community-building events (BGV Homecoming conference, The Futures We Build Summit) to under-resourced multicultural entrepreneurs, with a primary focus on Black women-led businesses. Founders access capital, mentorship, peer community, and corporate partner resources at no cost; the organization is sustained through corporate sponsorships, foundation grants, and individual donations.

Product overview

BGV Foundation operates as a 501(c)(3) nonprofit organization providing a unified platform of programs, funding opportunities, and community resources for under-resourced multicultural entrepreneurs. The core offerings include BGV Pull Up & Pitch (pitch competitions offering up to $30K), BGV Homecoming (annual flagship conference), The Futures We Build Summit, and three-track funding programs. Supporting services include a blog content platform and newsletter. The organization has supported 500+ founders, unlocked $2M+ in funding, and partnered with 50+ corporate partners over 10+ years, benefiting over 20,000 entrepreneurs according to founder Omi Bell.

Differentiator

Problem solved

Functional benefit

Products and services

• BGV Pull Up & Pitch Pitch competition format offering under-resourced multicultural founders 60 seconds to present and compete for up to $30,000 in non-dilutive grant funding; local editions (e.g., Pull Up & Pitch DC) and regional events like Los Angeles.
• BGV Homecoming Annual flagship conference convening multicultural entrepreneurs, funders, and corporate partners for networking, pitch opportunities, and community-building, including the BGV Pull Up & Pitch DC competition.
• The Futures We Build Summit Annual summit focused on investing in multicultural entrepreneurs and building generational wealth through funding, mentorship, and convening.
• Founder Programs (three-track funding and support) Three-track support programs designed to take under-resourced multicultural founders from early idea to funded business, providing capital readiness, mentorship, and ongoing community.

Quantifiable outcome

• 500+ founders supported
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Harlem Capital Partners: Early-stage VC fund investing in minority and women founders. Overlaps with BGV in serving Black and Latinx entrepreneurs with capital access.
• Backstage Capital: VC fund focused on underrepresented founders including women and people of color. Directly comparable in serving under-resourced founders with capital access and community support.
• Kiva: Crowdfunded microloan platform serving under-resourced and minority entrepreneurs globally. Comparable in providing direct capital to founders who lack traditional funding access.
• Pipeline Angels: Angel investing network changing the face of angel investing and entrepreneurship for women and non-binary founders. Comparable target demographic and community-led capital access model.
• Fearless Fund: Venture fund and grant program specifically supporting women of color entrepreneurs. Closely comparable to BGV in target founder demographic and mission, with overlap in corporate partner pipeline.
• Village Capital: Impact-focused accelerator and fund supporting underrepresented founders globally. Comparable programming model and mission focus.
• SoGal Foundation: Global community and grant program for diverse women entrepreneurs and investors. Closely comparable mission, programming model, and target demographic.
• New Voices Fund: VC fund supporting women of color entrepreneurs via pitch competitions and direct investment. Very similar model combining pitch events with capital deployment.

Broad incumbents

• Mastercard Foundation: Large multinational foundation funding inclusive entrepreneurship and economic opportunity in Africa and globally. Represents the scale of institutional grantmaker that BGV both partners with and competes against.
• NAACP: Established civil rights organization with economic empowerment programs for Black entrepreneurs. Represents a broader incumbent with overlapping mission and constituency.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bgirlventures
• Facebookfacebook.com/blackgirlventures
• LinkedInlinkedin.com/sharing/share-offsite/?url=https%3A%2F%2Fbgvfoundation.org%2Ftelethon
• Instagraminstagram.com/bgvfoundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Black Girl Ventures