PHOENIX, March 12, 2026 — Colossal, the leading professional fundraiser for purpose-driven online competitions, is proud to announce that the viral competition celebrating entrepreneurs is back! Entrepreneur of Impact, hosted by “The People’s Shark,” Daymond John, founder of FUBU and investor on ABC’s Shark Tank, is a nationwide campaign that invites entrepreneurs ages 13+ to compete for mentorship, and a $25,000 prize while supporting national nonprofit GENYOUth.
Now in its second year, the savvy competition powered by Colossal connects emerging entrepreneurs with industry leaders, exclusive learning opportunities, and the opportunity to gain exposure on a national level. One standout will be crowned the 2026 Entrepreneur of Impact, earning a grand prize package that includes:
- $25,000
- A one-on-one mentoring session with Daymond John
- A two-page advertorial in Entrepreneur Magazine
- National recognition as the Entrepreneur of Impact
Participants will also gain access to exclusive workshops led by industry experts, helping them refine their ideas, scale their businesses, and amplify their missions.
Colossal Supports GENYOUth
At the same time, the competition raises awareness and support for GENYOUth, a mission-driven organization dedicated to helping students thrive by increasing access to healthy school meals and physical activity programs in schools nationwide.
Through the competition’s public voting model, supporters can cast one free vote every 24 hours for their favorite entrepreneur, with additional votes available by donation that directly benefit GENYOUth. Each vote helps advance participants through the competition while contributing to a broader social mission: ensuring schoolchildren thrive by living well-nourished and physically active lives.
To date, GENYOUth has helped provide more than 40 million students nationwide with access to nutrition and physical activity programs that help them learn, grow, and succeed. Last year, the inaugural Entrepreneur of Impact competition raised more than $2.7 million to support the organization’s work.
“Colossal has created something truly special in the Entrepreneur of Impact competition — a platform that celebrates purpose-driven leaders while advancing our mission to ensure every child has access to the nutrition and physical activity they need to thrive,” said Ann Marie Krautheim, CEO of GENYOUth. “We are deeply grateful for Colossal’s partnership. Because of their support, more children are gaining access to healthy meals, joyful movement, and school environments that help them learn, grow, and succeed.”
Daymond John Brings Passion for Purpose-Driven Entrepreneurship
Known as “The People’s Shark,” Daymond John has built his career supporting entrepreneurs who are solving real-world problems and creating meaningful change.
“When I built FUBU, it wasn’t just about selling clothes — it was about giving a voice to a community that didn’t see themselves represented,” John said. “That’s why I’m partnering again with Colossal for the Entrepreneur of Impact competition to find entrepreneurs building businesses that matter.”
Last year’s winner, Madiha Chan, credits her mentoring session with John as a powerful milestone. Based in San Francisco, Chan runs Just B Cosmetics, a beauty brand she founded in 2020 to create smarter, more inclusive makeup for brown-skinned women.
“Our time with Daymond John was deeply affirming on both a personal and strategic level. The idea that when beauty products don’t work for brown women, we’re often made to believe that we need to fix ourselves, rather than the industry fixing its products… reinforced that Just B isn’t just filling a gap in the market; we’re solving a critical and deeply personal problem. From a business perspective… his feedback was that the business has strong bones and a thoughtful foundation for scale,” said Chan.
She reports that Just B is on track to increase revenue by 56% this year.
The Power of Purpose-Driven Competitions
Behind Entrepreneur of Impact—and a growing number of online fundraising competitions—is Colossal, a company that builds and runs large-scale awareness campaigns celebrating individual achievement while supporting national causes.
Each competition honors standout competitors with life-changing prizes while raising funds for charities in a way that goes beyond traditional philanthropy. Participants gain a platform to showcase their stories, build confidence, inspire others, and create meaningful social impact.
Since 2022, Colossal has facilitated more than $207 million in fundraising for DTCare, which distributes funds to vetted charitable organizations like GENYOUth.