Micro-grant program for black-owned small businesses

The Spring Entrepreneur Hub is launching its Black-Owned Small Business Micro-grant Program that provide grants to eligible black-owned small businesses in Escambia County.

Each micro-grant will provide a minimum of $1,500 per business. The fund has a total of $50,000 available for black-owned companies that did not receive any of the COVID-19 state or federal programs during 2020.

Deadline:

Applications will be accepted through 9 am on Monday, June 22. Winners will be selected by Friday, June 27.

Requirements:

  • Must be a black-owned business located within Escambia County.
  • Business owner must be 18 years of age or older.
  • Verification of company information (employees, revenue, income tax return) may be required.
  • All funding must be used for payroll, rent/mortgage, or utility payments only. This is also subject to verification.
  • Funding may not be used as a founder stipend.
  • Winners may be asked to update on impact from grant funding.

Have questions or need assistance?  Please contact D.C. Reeves at The Spring at dcreeves@quintstuder.com.

Apply Now.

 

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