Santander X United States Training | Cultivate Small Business Cohort 11
This program provides free training, mentorship, and potential funding to early-stage food-related businesses owned by minority entrepreneurs in the U.S. to help them grow and thrive.
The Santander Cultivate Small Business Program Cohort 11 is a 12-week virtual initiative aimed at supporting early-stage food-related businesses in the United States. The program focuses on providing minority entrepreneurs—particularly women, people of color, and immigrants—with the education, mentorship, and financial resources necessary to grow their businesses. It is tailored for entrepreneurs in food and food production, agriculture, animal husbandry, forestry, and fishing sectors. Participants must meet specific eligibility requirements. Businesses should be located in or serve low-to-moderate income areas, as determined by the program team. Applicants must demonstrate annual gross or net revenues between $25,000 and $1,000,000, have been operational for at least one year, and employ between 1 and 10 full-time equivalent staff, including the owner. The program is open to businesses in food-related industries such as food processing, technology, manufacturing, and services. The program is entirely free and delivered online, providing entrepreneurs with access to industry-specific training, a network of mentors and peers, and opportunities for collaboration and business development. Participants who complete the program successfully will be eligible for capital grants of up to $13,000, designed to help scale and strengthen their operations. Enrollment is open from January 10, 2025, to January 19, 2025, at 11:59 PM (GMT-05:00). Applications will be evaluated from January 19 to April 1, with the final selection taking place on April 1. This timeline ensures thorough vetting and selection of participants who can benefit most from the program's offerings. For additional details or to apply, interested entrepreneurs can contact the program managers at cultivatesmallbusiness@santander.us. The Santander Cultivate Small Business Program represents a valuable opportunity for food entrepreneurs seeking to overcome challenges, expand their capabilities, and make meaningful contributions to their communities.
Award Range
Not specified - $13,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Cultivate Small Business aims to strengthen minority entrepreneurs (including women and people of color) in food-related industries with the building blocks to be successful business owners. Program participants should represent a business that meets the following criteria: â– Participants should reside in or represent a business located in a low-to-moderate income area (this will be determined by our team). â– Gross/net revenues of $25,000 to $1,000,000 in the most recent full calendar year. â– Minimum of 1 year in operation as the time of application. â– Between 1 and 10 full-time equivalent employees (including the entrepreneur). â– Food-related industries, including processing, technology, manufacturing, and food services.
Geographic Eligibility
All
Application Opens
Not specified
Application Closes
Not specified
Grantor
Santander US
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