Well-known Amos, in partnership with the Nationwide Black Chamber of Commerce, introduced on Aug. 23 the three winners of its Substances for Success Entrepreneurs Initiative, a grant program that gives early-stage Black enterprise homeowners with unrestricted enterprise capital and assets to function.
The initiative is known as after Black entrepreneur Wally Amos, whose Well-known Amos cookies have been eaten worldwide, and it made him financially snug within the Nineteen Eighties. Well-known Amos is presently owned by Ferrero Firm, which has an workplace in Southeast Washington.
The winners of the $50,000 grants have been Emir Horton of Atlanta, the founder and CEO of Eartha by Emir, a luxurious watch firm; Londyn Jackson, founder and proprietor of The Language Arc in Woodbridge, Virginia, a pediatric studying and wellness middle for youngsters with disabilities; and Steffanie Rivers, proprietor and operator of TCB Drones, LLC primarily based in Dallas, a video, images and mapping enterprise utilizing drone know-how to assist their purchasers elevate their enterprise. The winners have been chosen from 3,000 eligible enterprise homeowners within the nationwide competitors.
“I’ll use the $50,000 to rent a chief monetary officer and broaden the advertising crew,” Horton, 28, mentioned. “I want to thank Well-known Amos for the assets and the mentoring that they provide.”
Rachna Patel serves because the vp for advertising for Well-known Amos. Patel mentioned aiding and educating Black entrepreneurs is what the initiative is about.
“We wish the entrepreneurs to make use of the assets we provide to boost what they’ve to allow them to supply much more,” mentioned Patel, 46. “Whether or not you gained the competitors otherwise you didn’t, everybody walks away with one thing tangible so far as assets, mentoring and networking is worried.