The Brooklyn Arts Council is pleased announce 2024 Creative Equations Fund: Social Innovation + Cultural Entrepreneurs to build the capacity of arts businesses that make profit and change.
Donor Name: Brooklyn Arts Council
State: New York
County: Kings County (NY)
Borough: Brooklyn
Type of Grant: Grant
Deadline: 10/08/2023
Size of the Grant: $10K
Details:
This grant is a social venture Investment in arts businesses that creatively use their profits, partners, or processes to disrupt inequity and or enhance economically viable and sustainable models of intervention for social good.
Funding Information
$10K each for 5 Cultural Entrepreneurs
Eligibility Criteria
Cultural Entrepreneurs using art and industry to address social problems.
Eligibility Profile
- Applicants must be residents of Brooklyn (Kings County) or operate their business in Brooklyn and provide proof of Kings County residence or operations.
- Applicants must have been in business for at least two years.
- Applicants must show at least three years of commitment to the social justice issue space of their choosing.
- Applicants must be NYS Incorporated businesses – LLCs, Corporations, Sole Proprietors, Legal Partnerships.
- Applicants should be considered Small Businesses – 25 or fewer employees, and less than $750,000 in average annual receipts.
Proposals will be considered will be using the following:
- Quality & Clarity: Narrative and budget
- Financial Health: Revenue growth, high asset turnover ratio, low operating expense ratio, etc.
- Innovation & Creativity: Business plan, partnerships, assets, service delivery, content, etc.
- Buy-in: Demonstrated community support, interest, and benefit
- Generative: Produces profit and impact
- Brand Distinction: Non-duplication of revenue model, or service delivery, or response to issue area, or target market/community
- Brand Reliability: Defined ability to successfully complete the project or listed goals/services
For more information, visit Brooklyn Arts Council.
