The BALSA Grant makes grants to help first time entrepreneurs get their ideas off the ground.
Donor Name: BALSA Foundation
State: Missouri
City: St. Louis
Type of Grant: Grant
Deadline: 07/24/2022
Size of the Grant: $1,000
Details:
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.
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.
Who can apply to the balsa grant?
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. Eligibility requirements are based on these aims.
In general, having team members with the following criteria will make an application ineligible for the BALSA Grant:
- 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.
