AEO is the leading voice of innovation for entrepreneurship and small business. AEO strengthens the ecosystem that powers entrepreneurs. Through applied research, policy leadership, innovative platforms, and targeted convenings, we help partners deliver better outcomes so founders can start, stabilize, and scale.
Association for Enterprise Opportunity’s recent grant record is built around one large 2023 award: $728,994 in fiscal sponsorship to Black Innovation Alliance in Atlanta. That grant fits the organization’s broader role as a funder and convener for microbusiness and small business ecosystems, with a particular emphasis on access to capital, entrepreneurship development, and support for Black-owned businesses. Its public materials describe work that combines applied research, policy leadership, innovative platforms, and targeted convenings to help partners improve outcomes for founders. The foundation’s grantmaking points to a systems-building approach rather than a broad, dispersed portfolio. It backs initiatives that strengthen the infrastructure around underserved entrepreneurs, including cohort-based pilots, technical assistance, and programs for returning citizens. The Tapestry Project and the Innovation Hub both show how AEO uses funding to test new models, surface promising projects, and connect practitioners with capital and visibility. AEO also connects philanthropy to implementation. Several of its active programs are structured as partnerships, registries, or action labs that support organizations working with microbusiness owners, Black entrepreneurs, and community lenders. The result is a pattern of giving centered on ecosystem capacity and program design for small business support.
AEO’s focus areas cluster around microbusiness support, capital access, and entrepreneurship infrastructure. In one example, the foundation’s Innovation Hub — Capital & Services provides flexible seed capital for cohorts and initiatives designed to accelerate emerging solutions for underserved microbusiness entrepreneurs. Black-owned business development is another visible theme. The Tapestry Project Action Lab awards contracts or grants to selected applicants to advance collaborative approaches that address barriers such as the wealth gap, credit gap, and trust gap facing Black-owned businesses. The foundation also supports entrepreneurship after incarceration. Through Endeavor Ready, AEO works on entrepreneurial readiness for returning citizens by addressing credit-building, right-fit capital, and trauma-informed care. A third area is capital-market infrastructure. DreamFund was created as a liquidity solution with OnDeck and partners to help CDFIs expand products from third parties and improve capital access in underserved communities.
$729K
$8.6M
$9.1M
$9.9M
Most grants fall between $729K and $729K, with a median of $729K.
25th Percentile
$729K
Median
$729K
75th Percentile
$729K
About 0% of grants go to recipients in GA.
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The typical grant size in the 2023 file is $728,994 at the 25th percentile, median, and 75th percentile, which indicates a single-grant distribution in the available data. The recent record also points to a programmatic funding model: the listed award was made as fiscal sponsorship rather than as a conventional project grant. AEO’s active programs suggest a mix of invitation-based cohort support and open application channels. Some initiatives accept unsolicited requests, including Empower by GoDaddy, Endeavor Ready, Tapestry Project Action Lab, DreamFund, the Tapestry Project Innovation Registry, and myWay to Credit. Others, such as the Innovation Hub — Capital & Services and the broader cohorts model, do not accept unsolicited applications. The organization is classified as a public charity and does not fund individuals.
The grant record places funding in the United States, with the single recent award going to Atlanta, Georgia. Georgia is the top state by grant count in the available data, while recipients in the District of Columbia account for 0% of grants. Beyond the recent grant list, AEO’s active programs are described as regional or nationwide across the United States, including multi-city and at least five-city efforts through the Tapestry Project.
Its program portfolio centers on microbusiness owners, small business founders, Black entrepreneurs and Black-owned businesses, returning citizens, and the local ecosystem that serves them. The listed focuses include access to capital, technical assistance, entrepreneurship development, research, policy, and capacity building.
Some active programs do, and some do not. Empower by GoDaddy, Endeavor Ready, Tapestry Project Action Lab, DreamFund, the Tapestry Project Innovation Registry, and myWay to Credit accept unsolicited requests. The Innovation Hub — Capital & Services and the broader cohorts model do not.
The 2023 file shows a single grant amount, so the 25th percentile, median, and 75th percentile are all $728,994. That reflects one recorded grant rather than a broad spread of awards in the provided data.
The foundation’s stated focus areas include small business, microbusiness, financial inclusion, entrepreneurship, research, policy, innovation, and capacity building. Its active programs add specific emphasis on capital access, Black-owned business development, digital skills, and entrepreneurial readiness for returning citizens.
The recent grant went to Black Innovation Alliance in Atlanta, Georgia. That is the only grant listed in the provided recent-grants table.
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| BLACK INNOVATION ALLIANCE | ATLANTA, GA | $728,994 | 2023 | FISCAL SPONSORSHIP |
BLACK INNOVATION ALLIANCE
$728,994FISCAL SPONSORSHIP