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The Spring Entrepreneur Hub Black-Owned Small Business Microgrant Program

by FloridaWest News

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COVID19

To continue to help our local businesses thrive and grow during unprecedented times, The Spring Entrepreneur Hub is launching it’s Black-Owned Small Business Microgrant Program. It will provide grants totaling $50,000 to eligible Black-Owned small businesses in Escambia County.

Each microgrant will provide a minimum of $1,500 per business. While all black-owned companies are eligible to receive grant funds, preference will be given to companies that did not receive any of the COVID-19 state or federal programs during 2020.

Deadline:

Applications will be accepted through 9am 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: [email protected]