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Ashoka Power of Local Challenge 2025 ($60k Grants)

Ashoka-Power-of-Local-Challenge

The Ashoka Power of Local Challenge is looking for small business ecosystem builders – these are organizations that provide small businesses with diverse and equitable opportunities like resources, tools, networking, and more. If this sounds like you, then you’re in the right place and encouraged to apply

All over the world, small businesses are the building blocks of local communities – they offer entrepreneurial and leadership opportunities to community members, infuse the local economy, and serve the needs of their clients in a way only local businesses can. With their deep connection to the people they serve, small businesses are perfectly positioned to address and respond to community needs (or challenges). To support the incredible work that small businesses are doing in communities all over the world, ashoka is launching the Challenge “Power of Local: Supporting Ecosystems for Small Businesses to Thrive.” Through it, they are looking for small business ecosystem builders: organizations, programs, or initiatives that provide small businesses with diverse and equitable opportunities like resources, tools, networking, etc.

Eligibility Criteria for Ashoka Power of Local Challenge

Evaluation Criteria

Each of the below 4 criteria will be considered equally in the evaluation of each application:

Key Benefits – $60,000 Cash prize

A total of 11 winners will be awarded a cash prize of up to $60,000 as follows:

How to Apply

Application Deadline: February 26, 2025

Click here to visit Ashoka Power of Local Challenge webpage

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