Fast Break for Small Business

GRANT AMOUNT (UP TO):

$10,000

DETAILS:

Grants of $10,000 and in-kind grants to USA minority-owned small businesses. Funding is intended to promote entrepreneurship and support business owners who are Black, women, low-income, immigrants, and other individuals who have historically had limited access to financing for their businesses. Successful applicants may choose a free LegalZoom product valued at up to $500.

ELIGIBILITY:

Eligible existing small businesses applying for a $10,000 grant and a free LegalZoom product or service valued up to $500 must:

  • Be based in the United States
  • Have been in business for at least 3 months and currently in operation
  • Have an annual revenue of less than $1 million
  • Have an active business bank account
  • Not be in an industry that has been identified as ineligible for this program
  • If in business for 12 months or more, must also provide most recent year’s business tax return
  • If in business for between 3 and 12 months and doesn’t have recent business tax returns, business must have one of the following
  • Articles of incorporation for LLCs, S Corps, and C Corps
  • Sole proprietorship formation
  • Fictitious name statement or DBA
  • EIN registration
  • City, state, or federal license to do business
  • Relevant professional license

Eligible emerging entrepreneurs applying for a free LegalZoom product or service valued up to $500 must:

  • Be based in the United States
  • Be an existing business in operation for less than 3 months or provide a summary of the business idea that the applicant intends to make official.
  • Not be in an industry that has been identified as ineligible for this program

DEADLINE:

  • 9/13/2024


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Posted on

June 13, 2024