The Doonie Fund: Micro-grants for Black Women Entrepreneurs

The Doonie Fund provides micro-investments to Black women entrepreneurs. This fund was started by Kathryn Finney, one of the most influential women in tech (Forbes, Inc, Working Mother), on her birthday, April 5, 2020, with a $10,000 personal donation to encourage other Black women entrepreneurs to continue to build their businesses in the middle of the COVID-19 crisis. So far, the fund has grown to hundreds of thousands of dollars, providing microgrants to over 1500 Black women-owned businesses. The fund also receives support from Doonie’s friends and family and excellent partners such as Pivotal Ventures, UBS, Microsoft, Surdna Foundation, and Impact Seat. The Doonie Fund 2021 grants are funded by a $50,000 gift from Kathryn Finney.

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The fund is purposely frictionless (no strings or conditions attached) as Kathryn firmly believes that Black women know what’s best for their companies. Investments are distributed directly into the entrepreneurs’ accounts within days.

The Doonie Fund is named after the founder’s grandmother, Kathryn “Doonie” Hale, a Black woman entrepreneur who inspired her to become an entrepreneur. The fund takes a holistic approach to economic impact by investing in a wide variety of businesses.

Benefits

Win a micro-grant of up to $1000 with no terms and conditions

Eligibility

Must self-identify as a Black woman and/or non-binary
Business must be based in the USA
Have an established web presence (ex: a functional website, Shopify, Instagram, etc.)
Have a verified Paypal account to receive funds.

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Past Winners

Please click here to check out the 2020 winners.

Deadline

Applications are currently open, and there is no specified deadline yet.

How to Apply

Please visit the Doonie Fund microgrant page to apply

Disclaimer: Some unscrupulous individuals might try to defraud you by impersonating us. They may send you an email telling you that we guarantee you a scholarship, job, internship, grant or any other opportunity if you pay some money. Please, we do not guarantee anything. And what is more, we do not call, text, or send people emails asking for money, neither do we charge a dime in providing you with these opportunities. Kindly disregard such messages. If you are not sure of something, shoot us an email.