Small Businesses in Missouri
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.
Funding Information
Each year, REDI awards ten $5,000 grants to deserving Minority-owned Businesses.
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.