Information

The National Black MBA Association (NBMBAA) Scale Up Challenge Pitch Competition is designed to support and promote high-growth startups founded by Black entrepreneurs. Winning this competition provides not only financial investment but also access to a network of mentors, advisors, and potential investors. Entrepreneurs benefit from increased visibility, industry connections, and the credibility that comes with being recognized by a prestigious organization like the NBMBAA. The competition aims to bridge the gap in funding and resources that Black entrepreneurs often face, fostering an environment of growth and success.

How to Apply

To apply for the NBMBAA Scale Up Challenge Pitch Competition, interested entrepreneurs should visit the NBMBAA website and navigate to the Scale Up Challenge section. Applicants typically need to submit a detailed business plan, a pitch deck, and any other relevant materials that demonstrate the viability and potential of their startup. The application process may also include interviews and pitch presentations to a panel of judges. It's important to check the website for specific deadlines and requirements, as these can vary each year.

Total number of startups invested: 1

Average Funding: The average funding/deal amount for winners is typically around $50,000, though this can vary.

Industry: The competition is open to startups across various industries, with a focus on high-growth potential.

Market: United States