GrantExec

Senior Dental Services Program

$550,000
Closed
Washington D.C.
Grant Description

The Lincoln & Gilbert Small Business Relief Grants are designed to support Black (MBE) employer firms in Cincinnati, Ohio. The primary mission of this initiative is to significantly increase the number of Black employer firms in Cincinnati, aiming to reach over 1,000 within five years. This aligns with a strategic priority to foster economic development and empower minority-owned businesses in the region. The target beneficiaries for these grants are small, medium, and large Minority Business Enterprises (MBEs) that are based on revenue. Additionally, the grants are open to MBEs and individuals who have been negatively impacted by COVID-19, or those that predominantly serve businesses disproportionately affected by the pandemic. The impact goal is to provide crucial financial relief and support for these businesses, helping them to stabilize and grow during challenging economic times. The program prioritizes businesses based on their revenue tiers, offering different grant amounts accordingly. There are three applicant tiers: businesses with $10,000 to $75,000 in revenue are eligible for a $2,500 grant; those with $75,000 to $250,000 in revenue can receive a $5,000 grant; and businesses with $250,000 to $1.5 million in revenue are eligible for a $15,000 grant. This tiered approach ensures that businesses of varying sizes can access appropriate levels of support. The expected outcomes of the Lincoln & Gilbert Initiative include a substantial increase in the number of Black employer firms in Cincinnati. Measurable results will be tracked by monitoring the growth of these firms and their contributions to the local economy. The strategic theory of change is that by leveraging the knowledge and expertise of established economic development organizations—such as the Urban League of Greater Southwest Ohio, The Greater Cincinnati and Northern Kentucky African American Chamber of Commerce, the Cincinnati Chamber USA Minority Business Accelerator, the Greater Cincinnati Microenterprise Initiative (GCMI), MORTAR, and Lightship Foundation—the program can effectively provide the resources and support necessary to achieve its ambitious growth targets for MBEs.

Funding Details

Award Range

$250,000 - $550,000

Total Program Funding

$550,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Nonprofits
For profit organizations other than small businesses
Small businesses

Additional Requirements

Established for profit or nonprofit dental practices located and licensed to provide services within the District of Columbia, who are experienced in providing comprehensive dental services to seniors, currently billing to DC Medicaid, and have experience charging patients according to a formal sliding scale fee policy

Geographic Eligibility

All

Key Dates

Application Opens

May 3, 2024

Application Closes

June 18, 2024

Contact Information

Grantor

Khalil Hassam

Phone

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Categories
Health
Income Security and Social Services

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