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Sage and The BOSS Network Award $250,000 to Black Women Entrepreneurs Through Grant Program

Sage and The BOSS Network announce the awardees of its third annual “Invest in Progress” grant program

ATLANTA (March 28, 2024) Sage the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, and The BOSS Network, an online community of professional and entrepreneurial women who support each other through digital content, programs and event-based networking, today announced the 25 awardees of the 2024 Sage Invest in Progress grant to support black women entrepreneurs in their first five years of business.

The BOSS Network and Sage’s “Invest in Progress” grant is a three-year, $1.5 million commitment via the Sage Foundation to support the BOSS Impact Fund, which is focused on raising investment funding for 500+ black women-led businesses and preparing entrepreneurs to build scalable, growth aggressive companies.  

In January 2024, participants were invited to apply for the “Invest in Progress” grant – which offered 25 Black women entrepreneurs across The United States, the opportunity to receive a capital investment of $10,000 toward successfully starting and growing their business, in addition to an entrepreneurial mentor program in support of Black women-owned small businesses.

The partnership in its third year, received over 12,000 applicants nationwide. The final 25 awardees represent entrepreneurs from various industries, including Beauty & Self-Care, IT Solutions, Travel, Healthcare, Professional Services and Food and Beverage.

The BOSS Network and Sage “Invest in Progress” grant includes a 12-month program of entrepreneurial mentorship, coaching, connections, and education focused on knocking down barriers to business success and guiding these businesswomen to reach their full potential. Each “Invest in Progress” grant awardee receives:

  • $10,000 USD in funding
  • Quarterly business training courses through BOSS Business University sponsored by Sage, focusing on marketing, finance, customer service, and business strategy
  • Access to The BOSS Network online community
  • Complimentary Sage Business Cloud Accounting software

“We are inspired by the perseverance and potential of the awardees selected for the third year of the “Invest in Progress” grant,” said Cadence Willis, VP, Sage Foundation. “Sage is proud to support these women by continuing our commitment to help underserved communities start and grow successful businesses.”  

“The BOSS Network has been proud to have Sage as a partner of the Invest in Progress Grant, as a part of our BOSS Impact Fund. As we celebrate our three-year mark, we are pleased to say that this investment has greatly impacted the lives of 85 Black women entrepreneurs—who have each received $10,000 to fund their businesses. It is widely known that less than 1% of minority founders get investment funding for the start of their small businesses. There is also the challenge of Black female founders being indiscriminately targeted simply for fighting for equity and fairness at the table. With the continued help of supporters such as Sage, The BOSS Network will remain committed to giving Black women entrepreneurs the resources they need to win.” -Dr. Cameka Smith, CEO and Founder of The BOSS Network

For more information on the BOSS Network and Sage “Invest in Progress” grant and the BOSS Impact Fund, visit BOSSImpactFund.com.  

“Invest in Progress” Grant Awardees:

See below for a listing of this year’s 25 “Invest in Progress” grant awardees, including their business and location:

 Tina Armstrong  Living Connected MBS, Inc  La Mirada, CA
 ShaRhae Carlock  Photolock  Kansas City, MO
 Jessica Childress  Juris Prudence LLC  Washington, DC
 Marcia Cox  Kaldi’s Coffeehouse & Roastery  Huntersville, NC
 Nadine Duncan  The Traveling Black Women Network  Atlanta, GA
 Skania Florestal  HBCUMADE  Atlanta, GA
 Tamekia Foley  High Tech.2.0, LLC  Atlanta, GA
 Natasha Gallop  Gifts in Good Company LLC  West Orange, NJ
 Lucretia Gordon  Pamper Palace  Greensboro, NC
 Chrisshele Griffin  McChriss BAKES  Irving, TX
Gena Harrison   FOY Med Spa  Southfield, MI
 April Hemphill and Shaketia McCoy
 Anu'Crown Luxury Brims  Dallas, TX
 Chari Herron  Divine Restoration Counseling and Consultation, LLC  Huntsville, AL
Lakeysha Love   Sugar Head LLC  Hazel Crest, IL
 Deida Massey  Bixa Beauty, Inc.  Chicago, IL
 Cheryl Monroe  The Cleaning Advantage  Atlanta, GA
 LaToya Moore  A Write to Live  Orland Hills, IL
Nwamaka Ngoddy  Anwuli Eyewear LLC  Atlanta, GA
 Zamora Olin  Thrive With ARTIE  Appomattox, VA
 Niehla Ollie  Homegirl’s Hummus  Chicago, IL
 Shavonne Reed  OPUA LLC  Atlanta, GA
 Jada Samuels  Jada Juice Inc.  Aurora, IL
 Davida Selby  Kate Lynn & Adwoa, LLC  Atlanta, GA
 Alicia Thomas  Lush Pops ATL  Decatur, GA
 Shanice Whittaker  Soul Movement Success  Antioch, CA

About Sage 

Sage exists to knock down barriers so everyone can thrive, starting with the millions of small- and mid-sized businesses served by us, our partners, and accountants. Customers trust our finance, HR, and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology, and experience to tackle digital inequality, economic inequality, and the climate crisis. Learn more at  www.sage.com/en-us/.

About The BOSS Network

Founded by Dr. Cameka Smith, BOSS™ is an acronym for "Bringing Out Successful Sisters," and the network’s mission is to promote and encourage the small business spirit and career development of women. The BOSS Network is an online community of professional and entrepreneurial women who support each other through conversation, online, and event-based networking. The BOSS Network was named as a Forbes Top 10 Career and Entrepreneurial website for Women. More than 200,000 women throughout the United States are engaged through our social and digital programming. For more information visit TheBOSSNetwork.org

Contacts:

Sheila Harris, Harris Brand Management + SHPR 
[email protected] 
646.470.4179

Jordan Kercheval, Sage
[email protected]
425.220.8502