Grants
US: $10,000 Small Business grant for startups! Apply NOW!
![US: $10,000 Small Business grant for startups! Apply NOW! 1 us-small-business-grant](https://searchngr.com/wp-content/uploads/2024/02/legalzoom.png)
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
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