Measuring Grant Impact for Black Entrepreneur Awards
GrantID: 4746
Grant Funding Amount Low: $100,000
Deadline: March 26, 2023
Grant Amount High: $150,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Awards grants, Black, Indigenous, People of Color grants, Employment, Labor & Training Workforce grants, Mental Health grants, Small Business grants.
Grant Overview
Awards Measurement and Evaluation for Funded Projects: Navigating the Complex Landscape of Grants for Entrepreneurs and Artists with Disabilities or from Underrepresented Groups. Many grants are available that relate to the arts and entrepreneurship – however, many funders focus on business ventures and profits. The fund offered by the Banking Institution seeks to help entrepreneurs build and grow their businesses. It is essential that funded projects demonstrate measurable social or economic impact. Effective measurement and evaluation (M&E) of these projects require a deep understanding of the complex landscape of grants, funding requirements, and the unique challenges faced by entrepreneurs and artists with disabilities or from underrepresented groups. The M&E framework should be tailored to capture the nuances of the award or grant program, including the specific goals, objectives, and outcomes. Moreover, the framework should be flexible enough to accommodate the diverse needs of the awardees, including those with disabilities, and from diverse racial and ethnic backgrounds, such as Black, Indigenous, and People of Color (BIPOC). One concrete regulation that applies to this sector is the National Endowment for the Arts (NEA) guidelines for accessibility and inclusivity in arts programming, which mandates that grant recipients ensure their programs are accessible to people with disabilities. Compliance with these guidelines is crucial to avoid potential compliance traps and ensure that the funded projects are eligible for funding. A verifiable delivery challenge unique to this sector is the difficulty in collecting and reporting data from awardees, particularly those from underrepresented groups, due to limited resources and infrastructure. To address this challenge, funders and grant recipients must work together to develop and implement effective data collection and reporting systems. The M&E framework should include a combination of quantitative and qualitative metrics, such as the number of jobs created, businesses launched, or artistic projects completed, as well as stories of impact, testimonials, and case studies. By using a tailored M&E framework, funders can ensure that their grants are having the desired impact and making a meaningful difference in the lives of entrepreneurs and artists with disabilities or from underrepresented groups. Additionally, the framework should be designed to capture the nuances of the MacArthur Fellowship, also known as the
Eligible Regions
Interests
Eligible Requirements
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