The 2022 Batmasian Family Grant supports the idea makers, creators, aspiring entrepreneurs and innovators in South Florida.
Donor Name: The Batmasian
State: Florida
County: Broward County (FL), Palm Beach County (FL) & Martin County (FL)
Type of Grant: Grant
Deadline: 06/30/2022
Size of the Grant: $150,000
Details:
Funding Information
A total of $150,000 will be awarded to 12 entrepreneurs and businesses ranging from $25,000 (1st place), $20,000 (2nd place), $15,000 (3rd place), $10,000 for each of the remaining 9 top finalists.
- 1st Place $25,000
- 2nd Place $20,000
- 3rd Place $15,000
Eligibility Criteria
- Small Businesses applying for the grant are defined as having 100 or fewer full and part time employees, with 75% or more locally-based within the Palm Beach, Martin and Broward county region.
- Business must be legally registered and located within Broward, Palm Beach & Martin Counties (Florida) only.
- Business must have been open and operating by January 1, 2022
- Business owner(s) must be US residents.
- Sole proprietors / single person operating businesses may also apply.
- Publicly traded companies may not apply.
- Limit 1 application per business. Multi-location businesses may only apply once for a single location within Broward, Martin and Palm Beach Counties (FL) with grant dollars allocated exclusively to the applying location. Multiple locations within the three counties will not be accepted as additional entries for the grant.
Usage Rules of The Batmasian Family Grant For Applying Businesses
- Grant funds must exclusively be put toward one or more of the following: advertising, marketing, business supplies, inventory, talent retention and new employee acquisition, locally or American-sourced business supplies, operations, improvements, necessary maintenance or repairs. Grant funds are not applicable towards travel, entertainment or nonessential business expenses, personal expenses, or taxes (past / present) and may not be used towards the relocation of your business outside of Broward, Martin and Palm Beach Counties, Proof of usage of the awarded funds will be required within 90 days of receipt of the Batmasian Family Grant. Any usage that falls outside of the rules will result in a required refund of that portion of the grant funds, (and reallocated to an alternate finalist).
- All information provided will be kept strictly confidential for the sole purpose of evaluating businesses for the Batmasian Family Grant. Information will be privately viewed by the professional panel of judges as part of the selection process. Interviews will be scheduled with top finalists.
For more information, visit Batmasian Family Grant.
