McKinsey & Company Fast Grants 2025 ($10,000 grant) – YOA

Deadline: February 28, 2025

Applications are open for the McKinsey & Company Fast Grants 2025. McKinsey & Company (“McKinsey”) is a world Management Consulting Firm that seeks to create optimistic, enduring change on the earth. Through the Fast Grants initiative, McKinsey’s Chicago workplace helps native organizations with underrepresented founders sort out their hardest challenges and obtain sustainable, inclusive development at scale. Underrepresented founders embody first era enterprise house owners and/or founders from economically deprived communities.

To accomplish this, McKinsey is partnering with Allies for Community Business (A4CB), an Illinois nonprofit group that gives the capital, teaching, and connections entrepreneurs must develop nice companies that create jobs and wealth of their communities.

Benefits

• Together, McKinsey and A4CB will present a $10,000 grant to 4 organizations whose founders present important promise for influence.
• Grantees can even have entry to McKinsey experience/help to assist refine and scale their organizations over a six-month interval (May by November 2025). Examples of McKinsey help embody common checks-ins with McKinsey colleagues (e.g., bi-month-to-month conferences) to reply questions and talk about concepts. The objective of this help is to assist founders resolve enterprise challenges.

Eligibility

• Open to enterprise house owners and/or founders from economically deprived communities;
• Organizations ought to exhibit important promise for group influence in Chicago.

Applications can be evaluated primarily based on each qualitative and quantitative solutions submitted. A variety committee recognized by McKinsey will overview all eligible submissions acquired throughout the application window and use the next standards to find out prime finalists:

• Completeness of application  
• Demonstrated potential for group influence as described in Section 4 of the application together with compelling private story, robust imaginative and prescient for the way forward for the group, and a clearly outlined OPPORTUNITY for McKinsey (e.g., focus areas, assets wanted).  

Application

The application interval for the present cycle will shut on February 28, 2025, at 11:59pm CT. Ensure that every one required paperwork and knowledge are submitted by this deadline.

Click here to apply

For extra data, go to McKinsey Fast Grants.