Bawse Ventures Grant

We’re pleased to announce the launch of Bawse Ventures, a micro fund that will invest in entrepreneurs to give them grants and seed funding where there typically is none.

Most small businesses aren’t large enough to venture capital dollars and business loans are far out of reach. So who do you go to when you don’t need a million dollars, you just need $10k to help fund your inventory? Within the Black and Brown community, raising money from friends and family is rare because more often than not, our friends and family don’t have excess dollars to give. So I want to be the friend that allows that next generation of entrepreneurs to follow their dreams fearlessly.

The Lip Bar was built as a community based business. It is our community who allowed us to make history and now it's time for us to give that same love, care and contribution back.

Melissa

Eligibility Criteria

  • Business sells a product or offers a service
  • Must have annual revenue of at least $50k or more
  • BIPOC people must own at least 50% or more equity in the company

Application Process
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April 12th, 2024
Applications due
Finalists Notified
June 2024
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September 2024
Winners Announced

Frequently Asked Questions

BIPOC business owners who sell any type of CPG products or services in any category including but not limited to food, beauty, personal care, fashion and accessories.

Finalists will be notified via email that they have been selected to pitch summer 2024.

Up to three people will win grant dollars and quarterly mentorship for 1 year with Melissa Butler and her network of skilled business owners and service providers.

If you are a winner, you will be notified this Fall where you will kick off mentorship with Melissa and be awarded a cash prize via wire.

It may be subject to taxation. Payment of all and any taxes in relation to the cash award is the sole responsibility of the award winner.

No! Bawse Ventures is starting its journey as a grant program to provide capital for those who don’t typically have the opportunity to have a friends and family round. If you are a winner, you will receive cash with no expectation of equity.

  • You: Why are YOU doing this? And do YOU have what it takes to reach your goal.
  • Your Product/Service:  Do people need your product or service? How is it improving the quality of life for your customers? 
  • Your Traction: Do you have proven interest in your product/service? Are you ready to take your brand to the next level?
  • Once finalists are selected, we will conduct interviews to select the winners.

Absolutely. Your information will only be shared with the small team of professionals who will evaluate your business for the grant.

Unfortunately, No.

We would love your support. Please email us at info@thelipbar.com

Application