Do you have an idea for a new product or service that will knock consumers’ socks off?

You might want to familiarize yourself with Black Ambition, a nonprofit that invests capital and resources in startups founded by underrepresented entrepreneurs.

Black Ambition was founded five years ago by Pharrell Williams (yes, that Pharrell Williams) to support diverse entrepreneurs across the United States through a prize competition, learning labs, access to capital, high-level mentorship, and coaching.

Winners for this year’s competition will be announced at Black Ambition’s 5th Annual Demo Day Nov. 14 at The Sacred Space in Miami. Entrepreneurs have the opportunity to receive mentorship and up to $1 million in funding.

It’s understandably an exciting time for Black Ambition CEO Felecia Hatche

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