New Voices Foundation

Name

New Voices Foundation

Legal name

New Voices Foundation, LP

Website

https://newvoicesfoundation.org

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Nonprofit Entrepreneur Support Services

NAICS

Grantmaking Foundations (813211)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industry

Small Business & Entrepreneurship Community Education (EDAAAFAK)

Keywords

• Entrepreneur support programs
• Nonprofit funding initiatives
• Pitch competitions
• Business accelerator programs
• Women entrepreneur support

Headquarters

HQ city

Amityville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Distribution channels5 records

Marketing channels7 records

Core offering

New Voices Foundation is a nonprofit that provides non-dilutive capital (cash grants awarded through pitch competitions, up to $150,000), business coaching and mentorship, an accelerator-style PACE Bootcamp (Launch & Execute and Grow & Scale cohorts), and online learning via Learning Lab™ LIVE webinars to women of color entrepreneurs. Programs are delivered through event activations at ESSENCE Festival, CES, Bayou Classic, and other national venues, supported by an online community platform of 30,000+ registered member companies.

Product overview

New Voices Foundation is a nonprofit organization operating a platform-based model centered on its PACE (Purpose.Access.Capital.Expertise) framework. The core offerings include the New Voices Foundation Platform, PACE Bootcamp (Madam CJ Walker Institute), Learning Lab™ LIVE webinars, Pitch Competitions (including the signature $150,000 POWER PITCH), Mobile Accelerators, and Coaching and Mentorship programs. Event activations include the New Voices Village, New Voices Entrepreneur Hub, Health Innovators Hub, SOKO MRKT Stage, and Creators Corner at ESSENCE Festival. The New Voices Family community platform supports 30,000+ registered member companies. Additional resources include Retail Resource Guide, Nonprofit Resource Guide, Financial Glossary, and Trademark Basics resources. The organization functions as a nonprofit accelerator and support ecosystem rather than a commercial technology product company.

Differentiator

Problem solved

Functional benefit

Brands

• Madam CJ Walker Institute: PACE Bootcamp program providing entrepreneurial education and skills development for women of color founders
• Learning Lab
• PACE Model
• POWER PITCH
• New Voices Village
• New Voices Entrepreneur Hub
• Health Innovators Hub

Products and services

• PACE Bootcamp (Madam CJ Walker Institute) Three-month intensive accelerator-style bootcamp for founders of color from all industries, with Launch & Execute and Grow & Scale cohorts providing entrepreneurial education and skills development. Delivered via the Madam CJ Walker Institute.
• Pitch Competitions (POWER PITCH)

Quantifiable outcome

• $2,922,000 in non-dilutive capital invested in over 250 companies
• +4 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Townsend & Lockett LawyersminorOthers · 1 July 2025Provided professional guidance during New Voices Office Hours at ESSENCE Festival 2025.
• KIVAminorOthers · 1 July 2025Provided office hours at ESSENCE Festival 2025, offering guidance on zero-interest, community-backed loans for entrepreneurs.
• NMSDC (National Minority Supplier Development Council)minorOthers · 1 July 2025Provided office hours at ESSENCE Festival 2025 for entrepreneurs seeking minority business enterprise certification.
• McKinsey & CompanycoreStrategic or Co-development Partner · 1 August 2023McKinsey & Company's Consumer practice and McKinsey Institute for Black Economic Mobility partnered with New Voices Foundation for the Next 1B: Scalers program to accelerate growth of Black-owned brands. McKinsey provides strategic support and works with the New Voices team to expand operations and impact.
• American Medical Association (AMA) - In Full HealthcoreStrategic or Co-development Partner · 1 July 2023New Voices + In Full Health Innovators' Hub partnership with AMA's In Full Health Learning & Action Community to Advance Equitable Health Innovation. Featured five health innovation companies at ESSENCE Festival, including panel on 'Meet Black Healthcare Innovators' moderated by AMA's Chief Health Equity Officer.
• iHeartMediaminorGTM or Marketing Partner · 1 July 2023Supported SheaMoisture's $25,000 donation announcement to New Voices Foundation at ESSENCE Festival 2023; media partnership for coverage.
• AFROPUNKminorStrategic or Co-development Partner · 1 July 2023New Voices hosted an AFROPUNK Solution Session on 'Decolonize and Reimagine Health' in September 2022, gathering medical professionals for panel discussions on structural racism in healthcare.
• Squire Patton BoggscoreImplementation/ SI/ Consulting Partner · 1 February 2023Squire Patton Boggs launched a pro bono legal clinic in partnership with New Voices Foundation, designed exclusively for young companies owned and operated by women of color. Featured in Crain's Cleveland Business.
• ESSENCE VenturescoreStrategic or Co-development PartnerNew Voices Foundation is a sister company of ESSENCE Ventures. The organizations have a unique channel partnership for entrepreneurial programming at ESSENCE Festival of Culture, including the New Voices Village, Entrepreneur Hub, SOKO MRKT retail space, and POWER PITCH competitions.
• KeyBankminorOthersListed as a resource partner for entrepreneurs through KeyBank4Women program providing access to banking and financial services.
• Target AcceleratorsminorOthersListed as a resource partner connecting entrepreneurs to accelerator programs and opportunities.
• US Chamber of CommerceminorOthersListed as a resource partner providing access to Chamber resources and programming for small business owners.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tory Burch Foundation: Foundation supporting women entrepreneurs through capital, education, and fellowship programs. Most directly comparable to New Voices given its nonprofit foundation structure, focus on women founders, and emphasis on pitch/fellowship competitions.
• Goldman Sachs 10,000 Small Businesses: Education and capital access program for underserved small business owners. Comparable to New Voices' PACE Bootcamp and pitch competition model, with similar cohort-based business education and alumni support.
• Black Girl Ventures: Nonprofit supporting Black and Brown women-identifying founders through pitch competitions, fellowships, and community. Directly comparable mission and target demographic to New Voices Foundation.
• Fearless Fund: VC fund providing grants and investments to women of color founders. Comparable in target founder demographic and capital deployment thesis, though structured as a venture vehicle rather than a foundation.

Emerging players

• Hello Alice: Platform supporting small business owners, particularly from underrepresented communities, with funding, mentorship, and resources. Comparable audience and capital-access mission to New Voices Foundation.
• Rebundle (formerly Bumble Fund portfolio): Bumble's investment arm focuses on women of color founders. Overlaps with New Voices' target demographic and capital-access mission, though structured as a corporate fund.

Broad incumbents

• National Association of Women Business Owners (NAWBO): Long-standing membership organization for women business owners. Comparable in supporting women entrepreneurs with resources, advocacy, and networking, though broader in scope and non-demographic-specific.
• Minority Business Development Agency (MBDA): Federal agency supporting minority business growth with capital access, contracts, and advisory services. Comparable mission around minority entrepreneur support, but operates as a federal entity at a broader scale.
• U.S. Small Business Administration (SBA): Federal agency supporting small business owners with capital, education, and contracting. Serves overlapping entrepreneurs but at much broader scale and via government-backed programs.

Others

• McKinsey Institute for Black Economic Mobility: Strategic partner of New Voices Foundation running the Next 1B: Scalers program. Adjacent ecosystem participant rather than competitor, but materially shapes the field of Black entrepreneurial support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/NewVoicesFamily
• Facebookfacebook.com/NewVoicesFamily
• LinkedInlinkedin.com/company/newvoicesfamily

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about New Voices Foundation