The Future Forward Fund provides an opportunity to access resources from trusted organizations that are committed to the success of black-owned businesses and expanding greater Birmingham’s small business ecosystem.
Donor Name: Penny Foundation
State: Alabama
City: Birmingham
Type of Grant: Grant
Deadline: 08/31/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
The Fund aims to empower micro and small businesses, creatives, entrepreneurs, and non-profits. This seventh grant cycle is facilitated by a partnership between the Penny Foundation and Regions.
The Fund supports business growth and/or loss of income due to business disruptions. It can also assist with rent, utilities, debt service payments and business model pivots.
Funding Information
- More than $50,000 will be dispensed to award recipients as follows:
- $2,500 Grants To 18 Businesses
- $2,000 Grants To 5 Nonprofitsbusiness
Criteria
- Businesses will be awarded in two categories, which include for-profit businesses and non-profit businesses.
- Participants will have the chance to share their story via written or video submissions. Included in the application is a business checklist, which should be viewed as a reminder of key elements within business operations.
For more information, visit Penny Foundation.