GRANT AMOUNT (UP TO):
$1,500
DETAILS:
The McMillan Family Foundation currently offers quarterly micro-grants of $1,500 designed specifically to support new and existing minority entrepreneurs who want to launch or expand their businesses. These grants provide critical seed funding and resources to help turn business ideas into reality and foster sustainable growth.
Grant funds must be used strictly for the purposes outlined in the approved application, which may include:
- Startup or business expansion costs
- Technology, equipment, or inventory purchases
- Marketing and branding efforts
- Professional development, coaching, trainings, or certifications
- Tuition or educational expenses
Funds may not be used for:
- Personal expenses unrelated to the grant purpose
- Travel or entertainment not directly related to the funded activity
- Political campaigns or lobbying activities
- Repayment of personal debt or loans
- Alcohol, tobacco, or adult content-related ventures
ELIGIBILITY:
- Aspiring entrepreneurs with a defined business idea or launch plan
- Early-stage or growth-minded business owners
- Nonprofit or community organizations aligned with our mission
- Students receiving educational assistance (for scholarship-based grants)
- Minority based business operating in the United States
- NOTE: Employees, officers and directors of the McMillan Family Foundation (the “Sponsor”), and Sponsor’s parent, affiliates, subsidiaries, and advertising, contest, fulfillment and marketing agencies (all of such entities including, but not limited to, the Sponsor are collectively referred to herein as the, “Grantor Parties”), their immediate families (parent, child, sibling and spouse and their respective spouses, regardless of where they reside) and persons living in the same households as such individuals (whether related or not) are not eligible to participate in grant submissions.
DEADLINE:
- Quarter 1: Applications accepted January 1 – March 1 | Winner announced March 31
- Quarter 2: Applications accepted April 1 – June 1 | Winner announced June 22
- Quarter 3: Applications accepted July 1 – September 1 | Winner announced September 28
- Quarter 4: Applications accepted October 1 – November 1 | Winner announced November 30