James Beard Foundation Food and Beverage Investment Fund for Black and Indigenous Americans
To qualify for funding, a food or beverage business must be (i) independently owned with 50 or fewer full- or part-time employees as of February 15, 2020, or (ii) a restaurant group in which each member restaurant had 50 or fewer full-or part-time employees on that date, and (iii) at least 51% owned by Black and/or Indigenous American(s). Independently owned is defined as food businesses that maintain full control of their business or group of businesses and do not have an affiliation with a parent company with different owners and/or operators; therefore, franchises are not eligible for this funding.
For the first round of funding, the application will remain open for 10 business days starting at 3 P.M. ET on Monday, January 11, 2021 and ending at 3 P.M. ET on Friday, January 22, 2021. The Foundation has announced the application window, published the application in advance, and disseminated information across all of its owned-channels. Unless otherwise restricted by donors, all donations received by the Fund will be divided evenly across the six regions outlined below. The Fund will award an equal number of recipients in each region according to three categories of business types.
For more information and to apply click here.
If you have any questions please contact Natalie Vichnevsky.