(2021-11-30 | NYSE:KKR) KKR Supports 74 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery Stockhouse.com uses cookies on this site. 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. Be a for-profit business establishment conducting business in any of the aforementioned nations: Australia, China, England, France, Germany, India, Ireland, Japan, Luxembourg, Singapore, Spain, the United Arab Emirates, and/or the United States. 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. In collaboration with Echoing Green (Americas), Impetus (EMEA) and the Asian Venture Philanthropy Network (AVPN) (APAC), KKR will support social entrepreneurs and changemakers working at the intersection of COVID-19 and youth leadership. KKR has joined forces with small business experts at Hello Alice and GEN Global to identify diverse and dynamic small business owners in need of assistance. KKR SBB and KKR Grants are available to organizations around the world with recipients selected on an ongoing basis. The Small Business Builders (SBB) grant, which is a vital ingredient of KKR's COVID-19 Relief Effort, supports female entrepreneurs all over the world. View grants in your industry. KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic; are operated by historically underrepresented groups (HUGs); and/or are providing important community services. KKR Small Business Builders: 278 small business owners received grants of $10,000 or more and mentorship opportunities through the SBB program. Working with these partner organizations, KKR will invest money in leaders and nonprofits on the front lines, while also creating the resources and wraparound services needed to help accelerate change and impact. A key pillar of KKRs COVID-19 Relief Effort, the Small Business Builders (SBB) grant supports entrepreneurs and their small businesses around the world. KRR Small Business Builder Grants are available to US businesses with 5 to 50 employees. Funtime provides high quality, responsive early care and education as well as after school care, Daniel says. These recipients, who span from healthcare practitioners to childrens health clubs and comic clubs, use the funds to further their missions and continue to contribute to their societies. They believe that now is the time to invest in our neighborhoods and neighbors in a new way. KKR is supporting these organizations with financial grants and strategic support. The grants will provide financial assistance, hands-on support from KKR employees and resources from KKRs partner organizations to help the small businesses to maintain day-to-day operations and jobs while also supporting their future growth. You must satisfy the following criteria to be able to qualify for the KKR Small Business Builders Grant Program: There is currently no information available regarding the KKR Small Business Builders Grant in 2023. Applications are now open through April 20, 2022, at 6 p.m. Read a personal story about notifying grant recipients here. KKR has joined forces. Outside US: +1 (212) 230-9410 We look forward to supporting our partners in the days and months ahead, said Ali Hartman, KKRs Global Head of Citizenship. These grants are intended to drive growth and can be used to support the business daily operations, help them retain or rehire employees or pivot in response to the pandemic. media@kkr.com, KKR Awards Grants to 80 Small Businesses and Nonprofits as part of COVID-19 Relief Effort, Internet Explorer presents a security risk. COVID-19 has created unfathomable physical, economic and social disruption for people and communities around the world and the non-profit sector will continue to play a vital role in the recovery. 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. Do you think that this grant could take your business to the next level? They accept that this moment is the opportunity to put resources into our areas and neighbours recently. 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. State, county and city funded grants provide additional opportunities for small businesses. Once you have checked the requirements needed for you to be able to apply for the KKR grant, then the next thing you want to do is ensure you have a registered business, that is, if you already have a business. The current round of applications is open until May 3, 2021. Anita Davis Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. Benefits Access to capital: Provide access to capital through a series of $10,000 grants to selected small businesses in our communities. Whenever the enrollment period starts, eligible businesses can apply online via the Hello Alice grants portal. Eligible business must: Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. Through these programs, which launched last year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation, KKR and its employees have supported 159 small businesses with support programs and grants of $10,000 each and has provided funding to 82 nonprofits to date. Over $50 million in funding to support those most affected by COVID-19 and resulting economic dislocation, Announces final rounds of grants awarded to 82 small business owners and nonprofits. KKR has joined forces with small business experts at Hello Alice and GEN Global to identify diverse and dynamic small business owners in need of assistance. in 2023, annual gross revenues will be expected to be less than $7 million USD. And right now, due to the impacts of COVID-19, many of them are in crisis. KKR Small Business Builders has an emphasis on companies that are pivoting their business in response to the pandemic and are providing important community services. For more than 40 years, KKR has strived to build better companies and better futures for our investors. 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. NEW YORK--(BUSINESS WIRE)--KKR today announced it has awarded the first round of grants in two of the cornerstone programs of the KKR Relief Fund (the Fund) focused on supporting small business owners and nonprofits. 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. Now in its seventh round, in honor of International Women's Day, the KKR Small Business Builders Grant Program for Female Founders provides woman-identifying entrepreneurs from around the world with $10,000 to help their small businesses recover and grow in response to the pandemic. By clicking "Accept All", you consent to the use of ALL cookies outlined in our Cookie Statement, Privacy Policy and Terms & Conditions. 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). In the latest rounds, the KKR SBB program awarded $10,000 to 72 small business owners across 61 cities, 30 states and three countries. KKR Grants Thank you for your interest in KKR Grants. The businesses selected in the final round of SBB grants are 71% minority-owned, 25% owned by veterans or their immediate family members, 14% owned by persons with disabilities and 10% LGBTQ+-owned. Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. Through SBB, KKR is awarding $10,000 grants to small business owners who will also receive support from KKR employees and the Hello Alice platform to help them better sustain their operations, maintain or create jobs and manage or pivot their business model. 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). Without paid ads, our direct-to-consumer strategy would have fallen flat. To date, the SBB program has awarded grants to 107 small businesses around the world. We are pleased to announce the latest group of small business and nonprofit recipients through the KKR Relief Effort and we plan to continue these programs in order to be part of the recovery and resiliency our communities need, said Ali Hartman, KKRs Head of Global Citizenship. We believe that, together, we can be builders. The KKR Grants program made commitments of more than $4.7 million to 28 nonprofits based in the US, UK, Singapore, Spain and Sweden. It is defined as a rural community when there are fewer than 50,000 people living there. 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 . Includes multiple grants, funding sources and low-cost loans that are intended to help minority-owned and women-owned businesses grow and be better represented in the ranks of American business owners such as Amber Foundation, MBDA, Operation Hope and others. The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. , KKR awarded more than $7.5 million to 35 nonprofit organizations that are playing critical roles in addressing the challenges resulting from the COVID-19 pandemic. $10,000 KKR Small Business Builders Grant Program for Female Founders.For the seventh round of the Small Business Builders program, KKR is pleased to support small businesses owned by women. KKR Small Business grants will give recuperation awards to nearby organizations in networks throughout the planet. +44 20 7839 9800 KKR Small Business Builders will support companies in three key ways: $10,000 grants to support your woman-led small businesses. Through SBB, KKR is awarding $10,000 grants to small business owners who will also receive support from KKR employees and the Hello Alice platform to help them better sustain their. Who is eligible? KKR Small Business Builders Round 3 Recipients, J.D. 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 aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. References to KKRs investments may include the activities of its sponsored funds. In the first round of the KKR Small Business Builders (SBB) program, KKR has granted $10,000 each to 55 entrepreneurs from a different scope of foundations across gender, race, nationality, business industry, size and geology. The application for nonprofits is available at www.kkr.com/grants. Hello Alice is a free, multichannel platform that helps businesses launch and grow. The recipient organizations are based US, UK, France, Ireland and India and their missions are aligned with the KKR Relief Funds focus on supporting communities, creating meaningful workforce opportunities and helping our frontline heroes. | January 21, 2023 KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. Please read our cookie notice for more information on the cookies we use and how to delete or block them. To learn more, visit www.helloalice.com, as well as Twitter, LinkedIn, Instagram, and Facebook. Cara Major or Miles Radcliffe-Trenner Grantor: KKR ? Through SBB, KKR is awarding $10,000 grants to small business owners who will also receive support from KKR employees and the Hello Alice platform to help them better sustain their operations, maintain or create jobs and manage or pivot their business model. KKR is in its third round of awarding grants to small-business owners and non-profits as part of its $50 million COVID-19 relief program. Applications are accepted on a rolling basis. Demonstrate need for support and a strong plan for moving forward. Right from 2020, KKR has granted $10,000 in funding to 278 small and medium businesses via its Small Business Builders program. Address: 441 4th Street Northwest, Washington, DC, USA. KKR SBB and KKR Grants are available to organizations around the world with recipients selected in rounds on an ongoing basis. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Over the past two years, KKR and its employees have contributed more than $50 million in community funding to support over 20 million people across 19 countries. Complete your business profile to see available grants based on your business. Women-led small businesses can apply for $10,000 in grant funding through investment firm KKR this spring.. The current round of applications is open until February 10, 2021. The next round of applications is open until February 8, 2021. A Latina owned company, founded by Carolyn Rodz and Elizabeth Gore, we believe in business for all by providing access to all owners including women, people of color, veterans, and everyone with an entrepreneurial spirit. Department of Small and Local Business Development (DSLBD), GRANT: Restaurant Bridge Fund DUE: 12/28/2020 [DMPED], GRANT: Dream Pitch Program 2023 -- Closes 3/6 [DSLBD]. Through SBB, KKR is awarding $10,000 grants to small business owners who will also receive support from KKR employees and the Hello Alice platform to help them better sustain their operations, maintain or create jobs and manage or pivot their business model. The scheme is designed to help female establishments adapt to the continued COVID-19 downturn by stabilizing operational processes, upholding or establishing employment, and inspiring a better future. KKR has joined forces. If you have any concerns, feel free to email Citizenship@kkr.com. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. Hello Alice is a free, multichannel platform that helps businesses launch and grow. Entrepreneurs may receive both educational support and grant funding to aid their businesses. 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. 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 . Since 2020, KKR has awarded 278 small businesses with $10,000 grants through its Small Business Builders program. Please click on "I understand" to view the presentation. To be eligible to apply for the KKR Small Business Builders Grants 2021, businesses must meet the following requirements: The business must have between 5 and 50 employees. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. 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. Yelp: Local Economic Impact Report (Rep.). The KKR Small Business Builders Grant Program for Female Founders makes available $10,000 to businesses managed and controlled by women worldwide to help them recover fully and flourish in the wake of the global pandemic. Small businesses can learn more and apply for SBB grants at. media@kkr.com, KKR Supports 74 Small Businesses and Nonprofits in Latest Round of Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. 212-750-8300 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. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. Small businesses are the heart of our country, and we are proud to work with KKR to ensure their growth during these trying times.. Maintain a threshold of five (5) staff members and a maximum of fifty (50) staff members. The final round of KKR Grants through the relief effort included commitments of more than $3.1 million to 33 nonprofits. Be owned (51%+) by a woman or woman-identifying individual, Be a for-profit business operating in at least one of the following countries: Australia, China, England, France, Germany, India, Ireland, Japan, Luxembourg, Singapore, Spain, United Arab Emirates, and/or the United States, Must have a minimum of five (5) employees and a maximum of fifty (50) employees, Must have annual gross revenues in 2021 of less than $7 million USD. Our Relief Effort KKR Grants program has officially concluded, and we are designing our new grant-making strategy. The application for nonprofits is available at. Our new grant application will be available in 2023. KKR Small Business Builders will provide recovery grants to local companies in communities around the world. Americas 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. In the final round of the KKR SBB program, 49 small business owners in 47 cities spread across 24 states in the United States, as well as in Singapore, were selected to receive $10,000 grants. In response, KKR is proud to launch the KKR Small Business Builders fund. By continuing to use our service, you agree to our use of cookies. Since launching these programs in response to the COVID-19 pandemic in the first half of 2020, KKR and its employees have supported 231 small businesses with direct support and grants of $10,000 each through the KKR SBB program. KKR is supporting these organizations with financial grants and strategic support. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. KRR Small Business Builder Grants are available to US businesses with 5 to 50 employees. The $50 million Fund was created by KKR and its employees earlier this year to support those impacted by the COVID-19 pandemic and its resulting economic dislocation. KKRs Relief Effort is helping address challenges facing our shared communities through four key pillars: supporting portfolio company employees; engaging our employees as leaders and change-makers; assisting small businesses; and providing strategic grants and partnerships. 1 Bialik, C., & Gole, D. (2020, September). media@kkr.com, KKR Supports 100 Small Businesses and Nonprofits in Latest Grants to Aid Global Economic Recovery, Internet Explorer presents a security risk. The grants will give monetary help, involved help from KKR representatives and assets from KKR's accomplice . Support for innovative pathways of workforce recovery and development, HEROES In the first round of the KKR Small Business Builders (SBB) program, KKR has awarded $10,000 each to 55 small business owners from a diverse range of backgrounds across gender, race, ethnicity, business industry, size and geography. +1 212-750-8300 At the federal level, SBA.gov provides limited small business grants. Retrieved https://www.yelpeconomicaverage.com/business-closures-update-sep-2020.html, Cara Major or Miles Radcliffe-Trenner What you have to make sure you have covered would be your eligibility criteria requirements. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. By using this site you agree to our use of cookies. All of the businesses have between 5 and 50 employees and 75% reported less than $1 million in annual revenue. +1 212-750-8300 We believe in the power of business to drive strong economies, provide local jobs, and support thriving communities. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. In total, 30,508 small businesses and. In the second round of the SBB program, KKR awarded $10,000 each to 52 small business owners across the U.S., Europe, and Asia Pacific, with 25 states across the U.S. represented. Facsimile: +1 (212) 750-0003 Small businesses can learn more and apply for SBB grants at kkr.helloalice.com. Northgate Land Development | Baton Rouge, LA, LA Pearl Beauty Emporium | Philadelphia, PA, Perfect Reflections Daycare | Blue Island, IL, Green Mountain Painting & Contracting |Fort Collins, CO, Young Chefs Academy of Gahanna | Columbus, OH, Little People Preschool | San Francisco, CA, Beautiful You Skincare Studio | Pueblo, CO, Taste of the Caribbean | Capital Heights, MD, Pearson Pediatric Dentistry | Washington, DC, Physical Therapy of Milwaukee | Milwaukee, WI, 4 Corners Yoga + Wellness | Dorchester, MA, Scribble Art Workshop Corporation |Wingdale, NY, The Learning Experience at Allen | Allen, TX, Songbird Coffee & Tea House | Phoenix, AZ, Support for food security, safe housing, public health, and crisis relief, Support for innovative pathways of workforce recovery and development, Support for teachers, first responders, essential workers and frontline medical professionals. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. Businesses can receive up to $10,000. Access to capital: Provide access to capital through a series of $10,000 grants to selected small businesses in our communities As part of this initiative, KKR also announced the 82 grants awarded to small business owners and nonprofits in the final rounds of the KKR Small Business Builders (SBB) and KKR Grants programs. KKR is supporting these organizations with financial grants and strategic support. As we have already seen, the path to a global economic recovery is not straightforward and we plan to continue our KKR Relief Effort programs to support the high-impact organizations and businesses playing a critical role in rebuilding and strengthening our communities, said Joe Bae and Scott Nuttall, Co-Presidents and Co-Chief Operating Officers of KKR. 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