Businesses in communities across the country are still reeling from COVID and its aftermath. Women and entrepreneurs of color have been hit particularly hard. While virtually every city could use additional support, Comcast has identified five key metropolitan areas to support through its latest grant program. Read below about Comcast RISE grants and other current small business financing options.
Comcast is launch another round of RISE grant funding. The program supports small businesses owned by women and people of color in select communities across the US. The cities selected for this round are Detroit, Atlanta, Pittsburgh, Philadelphia and Twin Cities. Eligible businesses in this community can apply for $10,000 in funding. In total, the program will distribute $5 million across 500 companies. Recipients can also enjoy creative and marketing advice and technical upgrades. Applications for this round must be submitted by June 14.
Northwest Florida Black Business Investment Grant Program
The Northwest Florida Black Business Investment Grant Program goals to elevate black businesses in Pensacola and northwest Florida. It is a program of Bantucola, the black business directory launched by Chris Hendricks in 2018. Northwest Florida businesses that are at least 51 percent Black-owned and registered with Bantucola and the Florida SunBiz Division of Corporations can apply for $1,500 . The application deadline is May 25. And Bantucola will announce the winners over lunch in the state of Black Northwest Florida on May 27.
Navajo Artisan and Small Business Relief Grant Program
The Navajo Nation Division of Economic Development is relaunch its Navajo Artisan and Small Business Relief Grant program. The program was originally launched with funding from the CARES Act. And this new round is being funded by the American Rescue Plan Act. The current grant will give priority to applicants who have not received funding from previous rounds. The division is currently accepting paper applications and is also developing an online portal.
Small Business Grant Program in West New York
West New York, New Jersey is supportive its local small businesses with a new grant program. Eligible companies can apply for up to $5,000. To qualify, companies must be located in Western New York, registered with the New Jersey Department of Treasury, be aware of all relevant taxes, and have 25 or fewer full-time employees. Companies must also be able to demonstrate the major negative impact of COVID-19. The municipality will accept applications up to and including 3 June.
Yolo County Microbusiness COVID-19 Relief Grant
Yolo County’s Microbusiness COVID-19 Relief Grant Program aims to: support underserved small businesses throughout the area. Eligible micro-enterprises can apply for grants of $2,500. To be eligible, companies must have fewer than five full-time equivalent employees and show significant damage from the COVID-19 pandemic. Applications will be accepted through October 15, or until all funds have been distributed.
Princeton Small Business Resiliency Fund
The Princeton Small Business Resiliency Fund is: launch a new subsidy round to support companies that previously did not receive money. This round includes approximately $20,000 in total funding. Funded primarily by a grant from Princeton University, the program has already awarded more than $440,000 in previous rounds in the past two years. To qualify, businesses must have a retail store in the city of Princeton and have no more than 25 employees. Applications are accepted on a first come, first served basis until funds are distributed.
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