The Mountain BizWorks is thrilled to announce the micro-grant funding.
Donor Name: Mountain BizWorks
State: North Carolina
County: Selected Counties
Type of Grant: Grant
Deadline: 10/11/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
These funds are dedicated to fueling the aspirations of creators, small business owners, and aspiring entrepreneurs, especially those who have faced challenges in realizing their dreams. These grants are designed to infuse your business with the capital it needs to start, grow, and break through barriers. They believe in the power of new beginnings and are committed to supporting the entrepreneurial spirit that drives community forward.
The Catalyst Micro-Grants are designed to be an investment into small businesses owned by historically underestimated entrepreneurs across WNC. Every person, no matter where they are from, deserves the chance to get ahead. That means they need to make it easier – not harder – for small businesses to succeed, and especially those led by people of color and immigrants.
Funding Information
In this round, they are offering 20 grants, each amounting to $2,500, to startups and emerging businesses owned by people of color across Western North Carolina.
Eligibility Criteria
To be eligible, an applicant must meet the following requirements:
- Business Ownership: The business should be at least 50% owned by individuals from historically underrepresented groups in business.
- Business Location and Operation: The business must be a for-profit entity, located within Western North Carolina. They are looking to support businesses that contribute to the local economy and community.
- Business Stage and Revenue: They welcome applications from a wide spectrum of business stages – from those in the ideation phase to early-stage startups, as well as existing businesses. To qualify, your business should have annual gross revenues of less than $150,000.
- Local Impact: Your business should be independently owned and operated. Applicants should be able to demonstrate both the need for funding and how the grant will catalyze their growth and community contribution.
For more information, visit Mountain BizWorks.
