Texas Job Creators Grant

$5,000
Private
Founders First Community Development Corporation (FFCDC)

This program provides financial support and mentorship to diverse-led small businesses in Texas, promoting job creation and growth among underrepresented groups.

Description

The Texas Job Creators Grant is offering a total of $50,000 in small business grants to support 10 diverse-led businesses in Texas. The grant aims to promote job creation and business growth among minority and underrepresented groups, including Latino, Black, Asian, Women, LGBTA+, and Military Veterans, as well as those located in low to moderate-income areas. In addition to financial support, grant recipients will receive scholarships to participate in the Founders First accelerator program, which offers continued education and mentorship opportunities. The application process includes submitting detailed business information, a profit and loss statement, and a short pitch video. Applications open in August 2024, with semi-finalists selected for final judging in September 2024.

Eligible applicants must be for-profit companies based in Texas with annual revenues between $100,000 and $5 million, a B2B or B2G business model, at least two full-time employees, and the potential to add 1-2 premium wage jobs within 12 months.

Eligibility

States
Texas
Regions
All
Eligible Entities
For profit organizations other than small businesses, Small businesses

Funding

Program Funding
$50,000
Award Ceiling
$5,000
Award Floor
$5,000
Award Count
10

Timing

Posted Date
June 25, 2024
App Status
Accepting Applications
Pre-app Deadline
Application Deadline

Funder

Funding Source
Source Type
Private
Contact Name
Contact Email
Contact Phone
--

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