Lincoln & Gilbert Small Business Relief Grants
Applicants are invited to apply for the Lincoln & Gilbert Small Business Relief Grants. Donor Name: Lincoln & Gilbert Initiative State: Ohio Type of Grant: Grant Deadline: 06/18/2024 Size of the Grant: $10,000 to $100,000 Grant Duration: Grant Duration Not Mentioned Details: The Lincoln & Gilbert Initiative is designed to help double the number of Black (MBE) employer firms in Cincinnati to 1,000+ in 5 years. The Urban League of Greater Southwest Ohio, The Greater Cincinnati and Northern Kentucky African American Chamber of Commerce, and the Cincinnati Chamber USA Minority Business Accelerator will cooperatively lead Lincoln & Gilbert. It will do so by leveraging the knowledge and expertise of these economic development organizations: the Greater Cincinnati Microenterprise Initiative (GCMI), MORTAR and Lightship Foundation. Funding Information Grants are open to small, medium, and large MBE’s based on revenue. There are three applicant tiers: $10,000 to $75,000 in revenue ($2,500 grant) $75,000 to $250,000 in revenue, ($5,000 grant) or $250,000 TO $1.5 million in revenue ($15,000 grant) Eligibility Criteria You can apply for a grant based on your business revenue. These grants are open to MBEs and individuals who have been negatively impacted by COVID-19, or that predominately serve businesses that have been disproportionately impacted by COVID. For more information, visit Lincoln & Gilbert.
Award Range
$2,500 - $15,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Additional Details
There are 3 award grant tiers: $2,500, $5,000, and $15,000. Each level has business revenue minimums. To be eligible for any of the grant offerings your MBE must have generated at least the minimum revenue in 2021 for the tier you are applying for this period. BONUS: The $5,000 grant applicants with revenues of $100,000 or more, will be eligible for an additional $5,000. Grants are open to small, medium, and large MBE’s based on revenue. There are three applicant tiers: $10,000 to $75,000 in revenue ($2,500 grant) $75,000 to $250,000 in revenue, ($5,000 grant) or $250,000 TO $1.5 million in revenue ($15,000 grant)
Eligible Applicants
Additional Requirements
Unfortunately, at this time the Lincoln & Gilbert Grants are for For-Profit businesses only.
Geographic Eligibility
All
Application Opens
June 10, 2024
Application Closes
June 18, 2024
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