Chichi Eburu Gives Grants to Black Owned Businesses

Chichi Eburu Gives Grants to Black-Owned Businesses

Chichi Eburu, a Nigerian-American Business Woman and philanthropist, is currently giving out grants of $100,000 to black-owned businesses. This program aims to help create sustainable companies that employ people and provide goods to the black community.

The business will receive the grant upon completing a feasibility study within six months after submitting a proposal.

The project must be scalable and generate profit within three years, or Chichi Eburu has the right to reclaim her investment if it fails.

Contributors can also apply for loans by matching their contribution 1:1 up to $10,000 with just interest-free payments for up to one year.

She has stated that she will invest in other people’s businesses if the entrepreneurs can repay the amount.

The initiative is modeled after the organization she founded, Business Women For Africa, in Miami, Florida, in 2010.

She has also said that she wants to establish similar programs in countries like Ghana, Nigeria, and The United Kingdom.

Her motivation for this initiative is to help young entrepreneurs in the Black community. She has stated that she wants to help young people build a future for themselves instead of relying on government handouts.

She believes that most companies owned by African-Americans are small businesses and don’t have the capital needed to expand. She wants more African-Americans to be self-sufficient and succeed on their own. She also wants to show African-Americans a way forward by supporting them in their business endeavors.

Chichi Eburu is the founder and president of Chichi Enterprises, Inc. She also serves as Chairman and President of Chichi Marketing Group, Inc. and Chichi E-Commerce, Inc.

She has also served as Vice President for Small Business for the Miami Chamber of Commerce, where she helped over 1000 small businesses with grants amounting to over $1 million. She has also worked at the Bank of America branch in Miami and as a commercial loan officer at Fulton National Bank in New York City.