Many corporations within the meals and beverage sector have struggled mightily because the early days of the pandemic. And minority-owned companies have additionally been disproportionately affected. A brand new grant from the PepsiCo Basis goals to assist in each of those areas. Examine this chance and extra small enterprise grants within the record beneath.
PepsiCo Basis Impacto Hispanic Enterprise Accelerator Program
The PepsiCo Basis just lately opened purposes for its 2023 Impacto Hispanic Enterprise Accelerator program. The inspiration is partnering with Accion Alternative Fund, Allies for Group Enterprise, LiftFund, and Prospera to facilitate this system, which goals to assist Hispanic-owned companies within the meals and beverage sector. Eligible companies can apply on-line now by way of June 16.
Commerce Division Tech Hubs Grant
The US Commerce Division just lately launched a brand new grant program to assist the expansion of recent know-how hubs all through the nation. This system goals to infuse as much as $500 million into varied communities and initiatives, with the purpose of supporting new tech sectors exterior of Silicon Valley. This will likely embody varied niches like medical know-how or aerospace. To use for these federal authorities grants, regional, state, or metropolis authorities companies should associate with faculties and or personal corporations within the tech trade.
The Philadelphia Meals Justice Initiative
The Philadelphia Meals Justice initiative is presently in search of proposals from companies, nonprofits, or neighborhood teams to fund initiatives associated to meals justice. The town’s purpose is in the end to assist well being and meals justice initiatives in varied components of the town. Eligible companies and organizations can request as much as $100,000 to assist fund their initiatives. Could 26 is the ultimate deadline to use.
Metropolis of Newburgh Small Enterprise Help Grant Program
Newburgh, New York is creating a brand new grant program to assist companies that had been negatively impacted by the pandemic. The Metropolis of Newburgh Small Enterprise Help Grant Program options $200,000 in American Rescue Plan Act funds. Eligible companies can apply for money grants to mitigate income losses associated to COVID-19. Program particulars are nonetheless being finalized. However the metropolis expects to start awarding funds round September 2023.
McLean County Small Enterprise Grant Program
McLean County, Illinois is repurposing an present enterprise assist fund into a brand new small enterprise grant program. Initially, the county launched its enterprise creation fund in 2020 to supply a revolving loans for small companies affected by the pandemic. The county then started providing forgivable loans, and is now shifting to supply $10,000 grants. Eligible companies can apply for funds to cowl the price of new industrial area. Particularly, the county is hoping to assist companies fill vacant areas round industrial districts.
ACE Rockefeller Basis Grant
The Rockefeller Basis just lately awarded a $5 million grant to Entry to Capital for Entrepreneurs Inc. (ACE) to assist small companies in Metro Atlanta. The grant will assist ACE’s Restoration and Resilience Program, which offers capital options and academic assets to companies owned by BIPOC, ladies, and low-income entrepreneurs. The $5 million from The Rockefeller Basis doesn’t go on to companies within the type of grants. However ACE provides quite a few capital infusion packages that might be bolstered by this extra funding.
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