Through the Small Business Live (SBL) Restart Grant Fund (https://us.accion.org/small-business-live-restart-grant-fund/), Opportunity Fund is excited to offer the community of small business owners a chance to receive a $5,000 grant. The grants are for businesses that have been financially challenged due to Covid-19. The grant application opens Tuesday, June 23rd and closes Monday, June 29 at 9:59 pm PST.
Here are the Eligibility Requirements:
- Applicants must be the owner of the business
- Must have been in business at least 1 year, since June 2019
- Meets one of the following criteria:
- Entrepreneur of Color or
- Woman Entrepreneur or
- Business Annual Revenue is less than $1million
All grant recipients will be randomly selected. Duplicate applications do not increase applicant’s chances of being selected. The selection process will also ensure geographic and industry diversity.
Opportunity Fund helped raise these grant funds directly from corporations and individuals through Small Business Live (https://smallbiz.live/), a philanthropic musical experience focused on raising money for small businesses impacted by Covid-19. Through this effort, we have raised more than $470,000 for grants to small business owners. Based on funds raised so far, we will be able to disburse at least 90 grants and will continue to raise funds through June 26 in an effort to increase the number of grants we are able to give. Applicants will be notified whether they were selected for this grant by July 14.
Opportunity Fund is NOT administering this grant program. Our partners at Accion Chicago are administering the grants and will be in touch with small businesses if their application is selected. More information on the Small Business Live Grant can be found HERE: https://us.accion.org/small-business-live-restart-grant-fund/ and the application can be found HERE: https://app.smartsheet.com/b/form/3127bec37d604d6f8e9f630766c030e1