Residents Affords Grants to Companies with Constructive Neighborhood Impression

Small businesses don’t simply serve their prospects; they may also be important parts of their communities. So grant packages typically award funds to firms which have a optimistic group affect. Examine one such program from Residents financial institution, together with a number of others, within the record under.

Residents Small Enterprise Neighborhood Champion Award

Residents is at the moment running its annual Small Enterprise Neighborhood Champion Award contest, which can award 30 grants of $10,000 to eligible firms. The competition is open to companies throughout the 14 states the place Residents operates. Ten of the grants are reserved for women-owned companies. One other ten will go to minority-owned firms. 5 will go to veteran-owned firms. And the remaining 5 are open to all eligible companies. Eligible companies can apply on-line. The applying consists of questions on how companies would use their award to strengthen each their enterprise and their area people. Functions can be found till February 1.

Buffalo Small Enterprise Help Program

Buffalo, New York, is at the moment supporting small and minority-owned companies by its Buffalo Small Enterprise Help Program. This system is open to companies with 50 or fewer full-time equal workers, providing each money awards and technical help. Candidates whose 2021 or 2022 gross income was between $35,000-$150,000 can apply for grants of $7,500. These with 2021 or 2022 gross income between $150,001 and $500,000 can apply for $12,500. Enterprise candidates with a 2021 or 2022 gross income between $500,001 and $1,500,000 can apply for $25,000. Remaining funding quantities could fluctuate based mostly on want, undertaking scope, COVID affect, and availability of funds. A complete of $3,500,000 is out there, which can be divided equally between the 9 (9) Counsel districts.

Portland Microenterprise Grants

Portland, Maine, remains to be offering microenterprise grants to native companies utilizing the rest of its federal COVID reduction funds. Town initially allotted $400,000 to its newest spherical of microenterprise grants. And about $100,000 of that funding remains to be obtainable. Eligible companies and nonprofits can apply for reimbursement grants of $5,000 to cowl varied enterprise bills {and professional} providers. To qualify, companies should be situated in Portland and have seven or fewer workers. Moreover, the proprietor’s family earnings should be inside 80 % of the native median earnings. Funding is being allotted on a primary come, first served foundation, however the metropolis hopes to award all funds by the tip of the yr.

Indiana Technical Help Program

Small companies throughout Indiana can apply for skilled providers grants of as much as $15,000. The Indiana Small Enterprise Improvement Heart is at the moment accepting functions for its Indiana Technical Help Program. Eligible companies throughout the state can apply for as much as $15,000 to cowl varied progress and enchancment initiatives. To qualify, candidates will need to have a bodily presence in Indiana and be an Indiana SBDC shopper (or grow to be one by March 1). Companies should even have a undertaking that they’ll full by the tip of the yr, which ought to embrace a optimistic affect like job creation or new market enlargement.

El Cajon Storefront Enchancment Grants

El Cajon, California, lately approved a $500,000 grant program to assist native companies enhance their storefronts. Eligible companies can apply for grants of as much as $20,000 to switch outdated or worn-down signage or grants of as much as $15,000 to repaint their exterior utilizing colours that the town’s graffiti abatement contractor can match. There may even be funding obtainable for companies to switch damaged home windows. Funding for this system comes from the town’s allocation of federal American Rescue Plan Act funds, all of which should be spent by then finish of the fiscal yr in September. Town expects to award about 30 grants by this program.

Denver Homeless Camp Grants

Denver is at the moment awarding grant funds to companies which have been negatively impacted by homeless encampments all through the town. Small companies with encampments inside two blocks of their property have been eligible for grants of between $7,500 and $15,000. Companies should additionally present proof of slumping gross sales or issues of safety. To date, the town has awarded grants to 69 affected companies.

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This text, “Citizens Offers Grants to Businesses with Positive Community Impact” was first printed on Small Business Trends