cocokind impact

the cocokind impact foundation provides financial grants to female entrepreneurs in health, wellness, and sustainability industries who are focused on creating social impact through business. our foundation is set up by cocokind and managed through philanthropic ventures foundation (PVF), a 501(c)(3) nonprofit, ein number 94-3136771.

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What is the Cocokind Impact Foundation?

The Cocokind Impact Foundation provides $2,500 to $10,000 financial grants to entrepreneurs who identify as women in health, wellness, and sustainability industries who are focused on creating social impact through business. Our foundation is set up by Cocokind and managed through Philanthropic Ventures Foundation (PVF), a 501(c)(3) nonprofit, EIN number 94-3136771.

How much is the grant?

The Cocokind Impact Foundation is providing grants of $2,500 to $10,000 to enable our female founders with the financial assistance needed to further their business and social impact.

In addition to the grant, what else does the program entail?

Along with $2,500- $10,000, every grant recipient will also receive: 

-Direct support from the cocokind team and features on all of our marketing channels
-Mentorship from a selected industry expert in our network who we believe can have the greatest impact on your business

-Support from a community of fellow grantees

Who are the Cocokind Impact Mentors?

Every grantee will be matched up with one Impact Mentor after being selected. All of our mentors are successful founders or leaders who have significant experience building businesses.

Who is eligible to apply for the grant?

Applicants must be US residents 18 years or older. To apply, you must be a female-identifying entrepreneur in the health, wellness, and/or sustainability space with a mission to create greater social impact. Applicants must not have raised a round of institutional capital yet.

What constitutes a social mission?

The business must have a greater social mission core to the business model. This could be a financial commitment to a social cause, working directly or indirectly on an issue through the business, or partnering with various social impact groups.

Why are we only accepting pre-raise companies?

We believe there are many female entrepreneurs who don’t make it to the stage of being able to raise institutional capital. On top of not having enough financial history to be accepted for a business loan, limited access to capital may prevent many amazing ideas from succeeding.

We want to provide financial assistance to entrepreneurs who have extremely high potential to make a large impact through their business – without the expectation of anything in return except that they pay the “impact” forward.

What information is needed to apply?

You’ll find the application form here. You’ll also need to provide: 

-A three minute video of yourself explaining your business and why you think that you should be awarded a grant

-A proposal of what you aim to do with the funds, should you be awarded a grant. Please provide as much detail as possible on what you plan on using this for. The more detailed, the better!

-A detailed description of your social mission and the impact you hope to have on your greater community

-A sample of your product (if applicable) 

Will I have to submit a W9 form?

Yes. Awards and prizes to individuals are taxable, and must be included in the grant recipient’s gross income.

What is required if I am rewarded the grant?

Our only requirement is that you pay it forward as best as you can! We’ll support you in taking advantage of all of the resources available to you, along with the grant. We also hope to help you develop a network of like-minded entrepreneurs who support you and who you support.

How are grantees selected?

Our selection committee is comprised by the team at Cocokind. We will review all applications submitted on time. The following criteria will be taken into consideration with each application:

-Leadership and innovation in the wellness industry

-Clear and immediate goals for how the grant will be used to further the business

-Demonstrated ability to get things done effectively and efficiently

-Company mission and ability to create social impact 

-Entrepreneurial and creative problem-solving skills

-Commitment and dedication to furthering their business in the long-term

When can I apply?

Our application window is 8/26/2019 - 10/11/2019, 12/pm PST. Winners will be announced by the end of December 2019! Apply here

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