Hi there! Well, earlier this year, KKR announced the first round of grants in two of the cornerstone programs of the KKR Relief Fund (the “Fund”) focused on supporting small business owners and nonprofits.
KKR has awarded $10,000 each to 55 small business owners from a diverse range of backgrounds across gender, race, ethnicity, business industry, size and geography. The grants will provide financial assistance, hands-on support from KKR employees and resources from KKR’s partner organizations to help the small businesses to maintain day-to-day operations and jobs while also supporting their future growth.
Also, in this first round of the KKR Grants initiative, over $3 million has been awarded to 25 nonprofit organizations around the world that are playing critical roles in addressing the challenges resulting from the COVID-19 crisis.