The Dulles Regional Chamber of Commerce is accepting applications for its Dulles Chamber Minority Small Business Owner Grant Program.
Donor Name: Dulles Regional Chamber of Commerce
State: Virginia
Counties: Fairfax County (VA), Loudoun County (VA)
Type of Grant: Grant
Deadline: 01/06/2023
Size of the Grant:$2,500
Details:
The Dulles Regional Chamber of Commerce (DRCC) and their Equity and Inclusion Committee works to strengthen all human connections. The Dulles Regional Chamber of Commerce Minority Small Business Owner Grant Program (“Grant Program”) was established to assist minority owned and operated businesses to foster an inclusive culture of encouragement and support.
The DRCC has contracted with America’s Charities, a nonprofit 501c3 organization based in Virginia, to administer and manage the Grant Program. America’s Charities is responsible for the management of the program, including performing reviews and decisions for applications in conjunction with the DRCC.
Funding Information
If approved, the grant award amount is $2,500 and will be paid directly to the applicant via e-Check or mailed check.
Eligibility Criteria
The Grant Program is open to minority owners of small for-profit businesses located in Loudoun and Fairfax Counties in Virginia who have experienced a financial hardship due to the events in the past two years with 10 employees or less.
- Per the NMSDC and this Grant Program, a minority owned business is defined as at least 51% minority–owned, managed and controlled. A minority group member is an individual who is at least 25% Asian-Indian, Asian-Pacific, Black, Hispanic or Native American or an individual who identifies as a woman. Ownership, in the case of a publicly owned business, means that at least 51% of the stock is owned by one or more minority group members. Management and daily operations must be exercised by the minority business owner(s).
- Applicants will be required to provide the following in their submissions:
- An essay in their submission focusing on how the grant will help the minority small business owner overcome a barrier (250 word maximum).
- 2020 & 2021 Business Financial Statements and Personal Tax Filings
- Financial hardship demonstrated by a decline in minority small business owners’ personal take home revenue.
For more information, visit Dulles Chamber Minority.