The BALSA Foundation is seeking applications for the BALSA Grant Program to help first time entrepreneurs get their ideas off the ground.
Donor Name: BALSA Foundation
State: Missouri
City: St. Louis City
Type of Grant: Grant
Deadline (mm/dd/yyyy): 01/24/2022
Grant Size: $1,000
Details:
The goal of The BALSA Foundation is to empower first-time entrepreneurs to start and grow their businesses. The BALSA Grant provides resources to first-time entrepreneurs who need and will benefit from them the most.
Benefits
BALSA Grant finalists receive:
- Free (non-dilutive) cash grant of $1,000
- The Learning Series, a 10 week comprehensive entrepreneur training program that helps participants realize their potential, introduces them to the St. Louis business ecosystem and brings them industry experts every week that also includes one on one time with each presenter after the session. (Valued at $20,000+ in In-kind professional services.
- One-on-one mentoring
Eligibility Criteria
The BALSA Grant is designed for first-time St. Louis entrepreneurs wanting to start or grow their early stage business in St. Louis. They welcome applications from all business sectors, and from non-profit as well as for-profit organizations.
- Being under the age of 18.
- Having started a successful business before. They wish to exclude serial entrepreneurs and those who were or are making a living from a business they started.
- Having received any outside equity investment, significant outside funding, or a previous BALSA Grant.
- Financial support from the founders, their family, and personal friends is OK.
- Living outside of the greater St. Louis area. Their aim is to help those in the St. Louis region, broadly defined as residing or operating within 25 miles of St. Louis City Hall.
For more information, visit BALSA Foundation.
