GrantExec

Small Businesses in Missouri

$5,000
Closed
Grant Description

Applications are now being accepted for the Minority Business Enterprise Grant Program Donor Name: Regional Economic Development Inc State: County: All Counties Type of Grant: Grant Deadline: (mm/dd/yyyy) 07/19/2024 Size of the Grant: $1000 to $10,000 Grant Duration: Grant Duration Not Mentioned Details: The Minority Business Enterprise (MBE) Grant program, administered by REDI and funded by the City of Columbia, focuses on inclusivity in opportunity and elevating underrepresented businesses. Through this program, a total of $50,000 will be awarded to ten small for-profit businesses in Columbia that are 51% or more owned by individuals self-identifying as one or more of the following: African, African American, Asian-Pacific, Black, Hispanic, Latinx, Native American (including Native Alaskan or Hawaiian), or Subcontinent Asian.Β  Funding Information Each year, REDI awards ten $5,000 grants to deserving Minority-owned Businesses.Β  Eligibility Requirements Business must be 51% or more owned by a person(s) of color as defined above Business must be a for-profit entity legally registered with the State of Missouri and have a Federal Tax ID (EIN) Business must have a Columbia business license Business must be located in Columbia city limits Business must be actively working with a business coach through REDI or another organization Business must have 10 or fewer employees (or full-time equivalents) For more information, visit REDI.

Funding Details

Award Range

Not specified - $5,000

Total Program Funding

$50,000

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Additional Requirements

Through this program, a total of $50,000 will be awarded to ten small for-profit businesses in Columbia that are 51% or more owned by individuals self-identifying as one or more of the following: African, African American, Asian-Pacific, Black, Hispanic, Latinx, Native American (including Native Alaskan or Hawaiian), or Subcontinent Asian.

Geographic Eligibility

City of Columbia

Key Dates

Application Opens

July 12, 2024

Application Closes

July 19, 2024

Contact Information

Grantor

Regional Economic Development Inc

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Categories
Business and Commerce
Diversity Equity and Inclusion
Workforce Development
Science and Technology