Founders First has announced 2022 Chicago Job Creators Grant to support revenue generating businesses with 2-20 employees led by diverse founders.
Donor Name: Founders First Community Development Corporation
State: Illinois
City: Chicago
Deadline (mm/dd/yyyy): 02/04/2022
Grants Size: $100,000
Details:
Founders First is committed to increasing the number of diverse founder-led businesses generating over $1 million dollars in revenues and creating premium wage jobs.
The Job Creators Quest grant is an initiative to launch Founders First Community Development Corporation’s (FFCDC) expansion into new regions by supporting small businesses from diverse backgrounds to scale and impact the ecosystem. The grants are paired with access to one of our stellar business accelerator programs. They encourage businesses that are looking to grow and scale their businesses in size, scope and knowledge to apply.
Benefits
- Grant money can be used as growth capital to hire or rehire premium wage jobs.
- Cash infusion can be used to purchase, fix or enhance equipment necessary to help you manage growth challenges and scale for the future.
Funding Information
Grant range between $100K and $3 million.
Must be located in the state of Illinois and have a current staff of 2-20 employees. Will have the ability to add 1-2+ net new premium wage jobs in the next 12 months. Your company must be a service-based business and at least one revenue stream serving other businesses. Must be a for-profit company with annual revenues between $100K and $3 million. Founder identify as one of the following: Latinx, Black, Asian, Women, LGBTQIA+, Military Veteran, or located in a Low to Moderate Income area.
For more information, visit Founders First.
