FAMOUS AMOS 
 INGREDIENTS FOR SUCCESS ENTREPRENEURS INITIATIVE
3 WINNERS  |  $150,000 IN AWARDS 
Ferrero North America’s Famous Amos® and the U.S. Black Chambers, Inc. (“USBC”) are partnering to launch the Famous Amos Ingredients for Success Entrepreneurs Initiative, an annual national program in its fourth year that provides a total of $150,000 in capital awards, mentorship, and educational resources to Black early-stage businesses.  
 
Program Purpose (Ferrero North America Famous Amos)
Famous Amos continues this initiative in honor of the brand’s founder, Wally Amos, to create pathways for Black business owners to thrive. Famous Amos remains committed to advancing racial equity through its work as a company and its connection to the communities it serves.
 
Community Overview
Black business owners are welcome to apply to this national award program in which three winners will ultimately receive a total of $150,000 in capital awards. Supporting Black-owned businesses helps to close the wealth gap experienced by the Black community. All eligible applicants are encouraged to learn more about applying.
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 Application Closed August 4, 2024
 FAMOUS AMOS 
 INGREDIENTS FOR SUCCESS ENTREPRENEURS INITIATIVE
3 WINNERS  |  $150,000 IN AWARDS 
Ferrero North America’s Famous Amos® and the U.S. Black Chambers, Inc. (“USBC”) are partnering to launch the Famous Amos Ingredients for Success Entrepreneurs Initiative, an annual national program in its fourth year that provides a total of $150,000 in capital awards, mentorship, and educational resources to Black early-stage businesses.  
 
Program Purpose (Ferrero North America Famous Amos)
Famous Amos continues this initiative in honor of the brand’s founder, Wally Amos, to create pathways for Black business owners to thrive. Famous Amos remains committed to advancing racial equity through its work as a company and its connection to the communities it serves.
 
Community Overview
Black business owners are welcome to apply to this national award program in which three winners will ultimately receive a total of $150,000 in capital awards. Supporting Black-owned businesses helps to close the wealth gap experienced by the Black community. All eligible applicants are encouraged to learn more about applying.
settings
Get Started
 Application Closed August 4, 2024
APPLICATION
INGREDIENTS
SUBMISSION REQUIREMENTS
 
We invite all eligible candidates to apply by
completing the form below and providing the following:

☑ Your name
☑ Business Name
☑ Business Address
☑ Business E-mail
☑ Tax ID#
☑ Business overview (250-word max)
☑ Link to business website and social channels
☑ Business owner/applicant Headshot
☑ A 90-120 second pitch video. Upload below
  Official Contest Rules and Eligibility
⚪ Entries must be submitted by Sunday, August 4, 2024, by 11:59 p.m. PT
⚪ Ten finalists will be chosen to move to the second round of judging
⚪ Winners will be publicly announced by 11:59 p.m. on Tuesday, September  24, 2024
⚪ Official Rules
 Eligibility Requirements
⚪ Business must be at minimum 90% Black-owned
⚪ In business for 5 years or less
⚪ Headquartered in the United States (excluding Puerto Rico, the U.S. Virgin Islands, and other Commonwealths, Territories, and Possessions)
⚪ Business must be owned by owners 21 or older at the time of submission of entry
 Additional Application Components
Ten Finalists will:
⚪ Submit a minimum 500-word summary explaining their business’s greatest need and how the award will assist with that need – illustrating the implementation of business strategy
 Additional Prizing
Ten Finalists will:
⚪ Receive access to one additional existing signature USBC program and two mentoring workshops through March 31, 2025
⚪ Receive access to proprietary USBC programming and events
APPLICATION
INGREDIENTS
SUBMISSION REQUIREMENTS
 

We invite all eligible candidates to apply by completing the form below and providing the following:

☑ Your name
☑ Business Name
☑ Business Address
☑ Business E-mail
☑ Tax ID#
☑ Business overview (250-word max)
☑ Link to business website and social channels
☑ Business owner/applicant Headshot
☑ A 90-120 second pitch video. Upload below

  Official Contest Rules and Eligibility
⚪ Entries must be submitted by Sunday, August 4, 2024, by 11:59 p.m. PT
⚪ Ten finalists will be chosen to move to the second round of judging
⚪ Winners will be publicly announced by 11:59 p.m. on Tuesday, September  24, 2024
⚪ Official Rules
 Eligibility Requirements
⚪ Business must be at minimum 90% Black-owned
⚪ In business for 5 years or less
⚪ Headquartered in the United States (excluding Puerto Rico, the U.S. Virgin Islands, and other Commonwealths, Territories, and Possessions)
⚪ Business must be owned by owners 21 or older at the time of submission of entry
 Additional Application Components
Ten Finalists will:
⚪ Submit a minimum 500-word summary explaining their business’s greatest need and how the award will assist with that need – illustrating the implementation of business strategy
 Additional Prizing
Ten Finalists will:
⚪ Receive access to one additional existing signature USBC program and two mentoring
workshops through March 31, 2025
⚪ Receive access to proprietary USBC programming and events
 THE APPLICATION PROCESS
1. Submit an application here by Sunday, August 4, 2024, 11:59 p.m. PT
2. Your application will be reviewed and the top 10 finalists will be selected to move on to participate in the next round.
3. The top 10 finalists will be narrowed down to three winners by the program’s renowned Black entrepreneur judges.
4. The three winners will be announced on Tuesday, September 24, 2024, and awarded $50,000 along with tools and resources provided by the USBC.
GRAND PRIZE WINNERS
Meet this year's Ingredients for Success grand prize winners:  
USBC Resources
USBC has free resources to assist your business when applying for this award or for use to strengthen your business knowledge. You may utilize them at any time.
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SCORE APPLICATION ASSISTANCE
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    USBC RESOURCES    
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USBC VIDEO WEBINAR LIBRARY
F.A.Q
Frequently Asked Questions 
The 2024 Ingredients for Success Entrepreneurs Initiative is a national award program hosted by Famous Amos and its community partner, the U.S. Black Chambers, Inc. IFS aims to provide Black-identifying startup/early-stage business owners with the tools and resources that lead to long-term success. As of 2024, Ingredients for Success is in its fourth year. Each year, or cycle, presents three business owners with a $50,000 capital award as well as resources and mentorship services from the program’s community partner.
To be eligible for the Ingredients for Success Entrepreneurs Initiative, businesses must be (1) at minimum 90% Black-owned; (2) in business for five years or less as of 2024; and (3) headquartered in the United States (excluding Puerto Rico, the U.S. Virgin Islands, and other Commonwealths, Territories, and Possessions). Businesses must be owned by owners at least 21 years old at time of submission. Franchise and non-profit businesses are not eligible. Please visit the Official Rules for all eligibility requirements.
Applicants must submit several pieces of information and items including contact information, a tax ID number for the business, a business overview, social media page information, and a pitch video between 90-120 seconds. Note that this is an incomplete list, so please refer to the Official Rules for a comprehensive list of the items required to apply.
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PRESENTED BY
 INGREDIENTS FOR SUCCESS 
It all began in 1975 at a bakery on Sunset Boulevard. Big was in, but Wally Amos dared to go small and perfected the ultimate bite-size chocolate chip cookie. He used only the best ingredients from an original family recipe to create the cookie you know and love. From there, the Famous Amos story became a Hollywood success story. Iconic musicians and other Hollywood celebrities began singing the praises of the delicious cookies from a small bakery on Sunset.

From the beginning, it was always Wally Amos’s core belief that you make a tastier cookie if you use high-quality ingredients. And that’s been Famous Amos’s recipe for success from 1975 through today.
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 U.S. Black Chambers Inc. 
NATIONAL VOICE OF BLACK BUSINESSES 
(USBC) provides committed, visionary leadership, and advocacy in the realization of economic empowerment. Through the creation of resources and initiatives, we support a network of African American Chambers of Commerce and business organizations in their work of developing and growing Black enterprises.

Access our network of government and corporate relationships, free financial education, entrepreneurial training, and technical assistance, and promote your business in an array of programs.
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For more information, please contact:
U.S. Black Chambers, Inc.
programs@usblackhambers.org
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