Applicants are invited to apply for Kapitus’s Building Resilient Businesses Contest (the “Contest”), which is sponsored by Strategic Funding Source, Inc. d/b/a Kapitus (referred to hereinafter as “Kapitus” or “Sponsor”).
Donor Name: Kapitus
States: All States except Colorado and Vermont
County: All Counties
Type of Grant: Contest
Deadline (mm/dd/yyyy): 06/30/2022
Grant Size: $100,000
Details:
Small businesses are a vital part of the everyday lives of Americans. You are the restaurants and bars that provide a meeting space for friends and families. You are the plumbers and electricians that keep their homes running smoothly. You are the small retail shops that sponsor little league and donate to local events. You are the employers. You are the creators. You are the memory-makers. You are the heartbeat of every community. And you’ve had a rough couple of years.
They want to celebrate you, of course; but they also want to give back to you. And what better way to do that than to give you the opportunity to win some cash to keep you resilient and to keep your business moving forward into the future.
Funding Duration
- One (1) 1st Place Prize of $100,000
- One (1) 2nd Place Prize of $50,000
- Five (5) 3rd Place Prizes of $20,000
All winners will also get to choose an eight-hour advisory session for one of the following areas: digital marketing, finance management, or data analytics.
Eligibility Criteria
The Contest is open to residents of the United States and the District of Columbia, with the exception of Colorado and Vermont, 18 years of age or older at time of entry. The Contest is void in Colorado, Vermont, and where prohibited by law. Employees and agents of Kapitus, and its present and future direct and indirect parents, affiliates, successors, partners, and subsidiaries (“Employee(s)”) are not eligible to participate. The immediate families or household members of Employees are NOT eligible to participate. The Contest is governed by U.S. law, is subject to all applicable federal, state, and local laws and regulations, and is void where prohibited or restricted by law or regulations. Entrants must also meet the following requirements:
- Entrant must be a primary owner of the business, having at least 51% ownership;
- The business must be located in the United States;
- The business’s annual revenue in 2021 must be below $5Million;
- The business must have generated some revenue thus far in 2022. There is no minimum revenue amount required.
- The business must have been in operation for at least one year as of 5/1/2022.
- The business must have a business checking account.
- Entrant and any other business owners must not have any outstanding child support obligations
- Entrant and any other business owners must not have a criminal conviction for a violent crime, a financial crime, or a crime of moral turpitude. It is entirely within Kapitus’s discretion to determine whether a crime is a crime of moral turpitude.
For more information, visit Kapitus.
