Small businesses have until June 2, 2021 at 11:59pm ET to apply for the current and third round of KKR Small Business Builders (SBB), a program administered under the KKR Relief Effort Grant. To date the company and its employees have supported 159 small businesses impacted by COVID-19 that includes grants of $10,000 each.
“Our communities and small businesses continue to face enormous uncertainty and the disruption of the past year will have lasting impacts that must not be overlooked. 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, KKR’s Head of Global Citizenship.
So far 52 small business owners in 22 states have received a grant in the third round that closes in approximately one month. The grant is intended to assist a business’ growth and daily operations such as retaining or re-hiring employees or undertaking a pivot to respond to the pandemic. Small business grant recipients have been 52% women-owned, 56% minority-owned and 23% veteran or related family member owned, with some overlapping. All have fewer than 40 employees and over 81% has less than $1 million in 2019 gross revenue.
KKR Small Business Builders has partnered with small business experts at Hello Alice and GEN Global to identify diverse and dynamic small business owners. In addition to the grant KKR small business owners receive support from KKR employees and technical expertise through the Hello Alice platform. Applications and more information including eligibility may be found at kkr.helloalice.com.
KKR SBB are available to small businesses around the world with recipients selected in rounds on an ongoing basis
Read about other grant programs for entrepreneurs and small business owners
