Q: What are the program eligibility requirements?
A: Applications for cycle six of the IFS program open March 31 and close at 11:59 PM PDT on June 1, 2026. Eligible businesses must be, at least 90% Black-owned, in operation for five years or less, headquartered in the United States and owned by individuals 21 years or older.
Note: Franchise and non-profit businesses are not eligible.
All applications require the following: contact information, a tax ID number for the business, a business overview, social media page information, and a pitch video between 90-120 seconds. Please visit the Official Rules for a comprehensive list of the items required to apply.