62 Sustainability Report 2021 Inclusive Growth | One Million Black Women In direct response to input received from nearly 20,000 Black women and girls, we announced two new programs as part of One Million Black Women: Black Women Impact Grants, providing multiyear funding for Black women nonprofit leaders, and Black in Business, providing business education for Black women sole proprietors across the US. Black Women Impact (BWI) Grants Program Black Women Impact Grants is a $10 million grant program with an open call application process for Black women-led charitable nonprofits in the US. The program will support community-driven nonprofit organizations created by and for Black women and girls. Fifty Black women-led organizations will receive general operating funding ranging from $50,000 to $250,000 over two years. Black in Business Black in Business leverages our decade-long track record of 10,000 Small Businesses, with which we’ve supported the growth of over 12,000 small businesses across the US. Black in Business is designed specifically to help Black women sole proprietors unlock their future, their power, and their wealth. The program provides Black women sole proprietors with the tools necessary to turn their business potential into business growth. The 12-week education program provides business education, advisory services, and a powerful network of like- minded business owners. INCLUSIVE GROWTH Sustainability Report 2021 Inclusive Growth | One Million Black Women “Across the country we’re seeing that the women who are most impacted by systemic inequities are the very ones spearheading movements to create positive change in our communities. For far too long, these leaders have been under-resourced and underfunded. It’s time for that to change. This new program will provide multiyear funding and resources to lift up Black women-led nonprofits working for lasting change and help to narrow opportunity gaps for Black women across America.” DARREN WALKER President, Ford Foundation, and One Million Black Women Advisory Council Member Growing a Business Black Women Impact Grants and Black in Business Supporting Black women-led nonprofits 62