US: $10,000 Small Business grant for startups! Apply NOW!

Accion Opportunity Fund, LegalZoom, the NBA, WNBA, and NBA G-League have joined forces to provide entrepreneurs across the country with grants and LegalZoom services to support their small businesses.

To apply, go to: https://accionopportunityfund.submittable.com/submit

Administered by nonprofit Accion Opportunity Fund, the program aims to assist business owners with the tools and resources they need to start and grow their businesses – the perfect play.

HOW IT WORKS

LegalZoom, the NBA, WNBA, and NBA G League are committed to encouraging entrepreneurship by supporting and investing in small business owners. Here’s how it works:

• 150 small businesses will receive $10,000 grants and a LegalZoom product of their choosing, valued up to $500
• 3,000 emerging entrepreneurs who haven’t yet launched their intended business will receive a LegalZoom product of their choosing, valued at up to $500
• Applications open February 15 and close September 13, 2024

ELIGIBILITY REQUIREMENTS

Eligible existing small businesses applying for a $10,000 grant and a free LegalZoom product or service valued up to $500 must:

• Be based in the United States
• Have been in business for at least 3 months and currently in operation
• Have an annual revenue of less than $1 million
• Have an active business bank account
• Not be in an industry that has been identified as ineligible for this program
• If in business for 12 months or more, must also provide most recent year’s business tax return
• If in business for between 3 and 12 months and doesn’t have recent business tax returns, business must have one of the following
  • Articles of incorporation for LLCs, S Corps, and C Corps
  • Sole proprietorship formation
  • Fictitious name statement or DBA
  • EIN registration
  • City, state, or federal license to do business
  • Relevant professional license

Eligible emerging entrepreneurs applying for a free LegalZoom product or service valued up to $500 must:

• Be based in the United States
• Be an existing business in operation for less than 3 months or provide a summary of the business idea that the applicant intends to make official.
• Not be in an industry that has been identified as ineligible for this program

Fast Break for Small Business is a multiyear $6 million commitment to help thousands of small businesses across the country with small business grants and LegalZoom services. LegalZoom has teamed up with the NBA, WNBA, and NBA G League to support small business owners and Accion Opportunity Fund is proud to serve as the nonprofit administrator of the program.

Applications open February 15 and close September 13, 2024