Cadence Cash Thrive Grant 2024

The Thrive Grant, administered by Cadence Financial Group, Inc., is a quarterly grant program aimed at supporting small businesses that make a positive impact in underrepresented communities within the United States. This initiative is rooted in the belief that small businesses play a crucial role in driving innovation, job creation, and cultural vibrancy in local communities. Cadence Financial Group, through its Thrive program, emphasizes a holistic approach to business support that combines financial resources, expert guidance, technology, and community connectivity. Each quarter, the Thrive Grant awards $5,000 to one small business demonstrating significant community contributions. These may include job creation, innovative product development, or making essential services more accessible. The program strongly prioritizes businesses that directly serve underrepresented communities and have been operating for at least one year, with a preferred annual revenue minimum of $35,000. Eligibility criteria are clear and structured. Applicants must be for-profit businesses legally formed and operating in the United States. While the program does not outright disqualify startups, there is a strong preference for established entities with at least a year of operations and measurable community impact. This focus ensures that funds are directed toward businesses with a proven track record of meaningful contributions. The grant cycle operates on a strict quarterly timeline. Applications open on the first day of each quarter and close at the end of the same month. Specifically, applications are accepted from January 1 to January 31 for Q1, April 1 to April 30 for Q2, July 1 to July 31 for Q3, and October 1 to October 31 for Q4. The review process concludes by the end of the following month, with winners being notified by the 15th of the next month, and program disbursements occurring at the end of that month. The application process includes a rigorous review of the applicant's impact and potential. While detailed application questions are not listed, the emphasis on community impact, operational history, and financial viability suggests a robust review that evaluates both qualitative and quantitative aspects of the business. No information is provided about application formatting or submission platforms. For inquiries, Cadence Financial Group provides support via email at contact@breva.ai and phone at 1-919-283-3470 during weekday business hours. The program's official communication channels are active from Monday to Friday, 9 a.m. to 5 p.m., excluding weekends and holidays. Interested applicants are encouraged to monitor the grant cycles closely and prepare ahead for upcoming opportunities.