Over 50% of the recipients are minority-owned businesses, over 61% are owned by women and 22% are owned by veterans or their immediate family members. Yelp: Local Economic Impact Report (Rep.). KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. For more information on eligibility, please visit the application page. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, supporting communities, creating meaningful workforce opportunities and helping our frontline heroes. KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. Small businesses are the lifeblood of our communities and across the U.S. alone, hundreds of thousands of businesses have been forced to close temporarily, and the data show that of those businesses, 60% are closed forever,1 said Henry Kravis and George Roberts, Co-Chief Executive Officers and Co-Founders of KKR. KRR Small Business Builder Grants are available to US businesses with 5 to 50 employees. The current round of applications is open until September 24, 2021. Phone: (202) 727-3900 By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. media@kkr.com, KKR Supports 100 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. Address: 441 4th Street Northwest, Washington, DC, USA. 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. To be eligible, a business must have between 5 and 50 employees, less than $7 million USD in annual revenue, demonstrated need for support, a strong plan for moving forward, and be in good standing with the IRS or their local regulatory body. 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. Benefits Access to capital: Provide access to capital through a series of $10,000 grants to selected small businesses in our communities. 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. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. KKR Grants is a global effort focused on identifying and supporting the most innovative and effective nonprofits 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's Small Business Builders initiative is partnering with Hello Alice to provide small business owners grants, online resources and a thriving online community of peers, said Elizabeth Gore, Co-Founder and President of Hello Alice. To be eligible for the grant, a business must: Copyright 2023 SCORE Association, SCORE.org. In Celebration of GivingTuesday, Firm Also Provides $50,000 Community Grant to the NYC Partnership Foundation to Stimulate New Business Creation and Resiliency . Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. 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. Firm Commits Additional $1.5 Million to Small Business Builders Program. There is only one category of business eligible for this program: small businesses in rural areas. Hello Alice is a free, multichannel platform that helps businesses launch and grow. Created as a key pillar of KKR's COVID-19 Relief Effort, KKR Small Business Builders (SBB) aims to support entrepreneurs and their small businesses around the world. References to KKRs investments may include the activities of its sponsored funds. Support for innovative pathways of workforce recovery and development, HEROES Grantor: KKR For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. 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. KKR has joined forces. 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. Since launching the KKR Relief Effort in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 305 small businesses with direct support and grants of . Find out more, About Our Work | Donate | Contact Us | Privacy Policy Copyright USBusinessGrants.org 2021. Start Application The results include the following: Over the past two years, we have provided support for the most vulnerable members of our communities who were disproportionally affected by the unprecedented global health, social and economic crisis, said Ken Mehlman, Partner, Global Head of Public Affairs and Co-Head of Global Impact at KKR. State, county and city funded grants provide additional opportunities for small businesses. Operate in the United States, United Arab Emirates, Spain, Singapore, Luxembourg, Japan, Ireland, India, Germany, France, England, China, or Australia, Earn less than $7 million USD in annual revenue, Be in good standing with the IRS or their local regulatory body. Must have less than $7 million USD in annual revenue. ? +44 20 7839 9800 KKR Small Business Builders Round 2 Recipients, Action Karate Mt. This grant is available to small businesses who have pivoted in response to COVID-19 or provided community services you have the opportunity to receive a $10,000 grant. Website: https://kkr.helloalice.com/ The current round of applications is open until June 2, 2021 at 11:59pm ET. KKR Grants is a global effort focused on identifying and supporting the most innovative and effective nonprofits 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://www.yelpeconomicaverage.com/business-closures-update-sep-2020.html, Small businesses around the world can learn more and apply for SBB grants at, The application for nonprofits is available at. 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. Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. 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. And right now, due to the impacts of COVID-19, many of them are in crisis. As we evolve our philanthropic programming beyond the relief effort, we aim to ease these challenges and ensure that communities around the world receive the support they need as they recover and rebuild.. If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. KKR Small Business Builders will support companies in three key ways: Eligibility Criteria. By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. At a time when the challenges facing communities are tremendous, these grants aim to support small business owners and high-impact nonprofits to enable them, and ultimately the greater community, to meet this moment of immense disruption., All businesses start small and desire to grow. 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. Hello Alice is a free, multichannel platform that helps businesses launch and grow. Necesita traduccin? References to KKRs investments may include the activities of its sponsored funds. 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 . The current round of applications is open until February 10, 2021. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). ET. Clark Professional Services, LLC | Upper Marlboro, MD, People's Restaurant Equipment Co. | Detroit, MI, United Educational Corp Programs | Randallstown, MD, Crispim BJJ Barra Brothers, LLC | Pleasanton, CA, Dos Hermanos Taco Truck, LLC | Columbus, OH, Annapolis Children's Therapy Center, LLC | Annapolis, MD, Lima Peruvian Food, LLC | San Francisco, CA, Medipoints Acupuncture Corp | Menlo Park, CA, Hickory Street Kitchen and Cocktails, LLC | Sisseton, SD, Tiny House Coffee Roasters, LLC | Austin, TX, Support for food security, safe housing, public health, and crisis relief, Aide et Espoir aux Rfugis Help and Hope, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and front line medical professionals, East Palo Alto Tennis and Tutoring (EPATT). 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