REVOLT’s Bet on Black has returned for Season 6 with a major change to its funding model. Instead of having entrepreneurs compete for one grand prize, every participating founder will receive a share of a $500,000 growth fund, alongside hands-on mentorship to help grow their businesses.
This season focuses entirely on student entrepreneurs from HBCUs, including Howard University, Morehouse College, Spelman College, Clark Atlanta University, Grambling State University, and Fayetteville State University.
Hosted by Marsai Martin and executive produced by Kenya Barris, the new season brings together business leaders and industry experts to mentor the founders. The mentors include The Gathering Spot co-founder Ryan Wilson, entrepreneur Reginae Carter, financial expert Ashley M. Fox, venture capitalist Jewel Burks Solomon, and fashion designer Brandon Blackwood.
Their guidance covers everything from branding and investing to taxes, financial planning, and business growth.
Target has supported Bet on Black throughout all six seasons. According to REVOLT, the partnership has helped direct nearly $3 million toward Black founders and Black-owned businesses. Importantly, participating entrepreneurs retain full ownership of their companies.
But what does this new funding model mean for young Black business owners? And could putting money and mentorship behind every founder help create a stronger pipeline of Black-owned businesses?
Watch as we explore Target’s investment, REVOLT’s changing approach, and the opportunities opening up for HBCU entrepreneurs.
Subscribe for more stories about Black entrepreneurship, HBCU excellence, Black-owned businesses, and opportunities creating lasting impact in the Black community.
OUTLINE:
00:00:00
Opening and Setup
00:01:04
3. How It Happened — Question 1
00:04:27
4. What Happens Next? — Question 2
00:06:46
5. What This Means for the Black Women Community — Question 3
00:07:59
Deeper Perspective and Practical Takeaways
00:08:51
Practical Advice for Viewers
00:09:20
SECTION S007: Closing
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