Pharrell Williams’ Black Ambition, the non-profit organization funding and fueling underrepresented Black and Hispanic entrepreneurs, awarded more than $2.7 million to 30 trailblazing founders. Among the awards announced, the $1 Million grand prize was awarded to Dr. Monica Williams and Dana Roberts, Co-Founders of RedDrop, a brand of period kits for tweens with the mission of empowering, educating and supporting young girls.
“I’m so inspired by what the future holds for these talented innovators and business leaders, and the role that Black Ambition will play in getting them to new heights of success – new corporate partnerships, retail opportunities, network building and more,” said Black Ambition Founder, Pharrell Williams. “Hearing the stories and seeing their products as they pitched on Demo Day reaffirmed that Black Ambition is needed to create more opportunity and wealth for Black and Brown communities.
“We’re beyond thrilled to be the grand prize winners of this year’s Black Ambition Prize Competition! Having $1 million to invest in our business is life changing and will give us opportunities to grow and continue to impact our community,” said Dr. Monica Williams of RedDrop. “And while the prize money is great, the mentorship and network provided by Black Ambition is priceless and will allow us to open doors that were previously closed and to start building our own table so we can invite others to have a seat.”
Photo credit. Jason Mendez, Getty Images.
