The Job Creators Quest grant is an initiative to launch Founders First Community Development Corporation’s (FFCDC) expansion into new regions by supporting small businesses from diverse backgrounds to scale and impact the ecosystem.
Donor Name: Founders First Community Development Corporation
State: California
Counties: Imperial County (CA), Orange County (CA), Riverside County (CA), San Bernardino County (CA), San Diego County (CA), Los Angeles County (CA)
Type of Grant: Grant
Type of Entity: Business
Deadline (mm/dd/yyyy): 11/30/2021
Size of the Grant: $100,000
Details:
Founders First is committed to increasing the number of diverse founder-led businesses generating over $1 million dollars in revenues and creating premium wage jobs.
Funding Information
A total of $100,000 will be awarded to 30 small businesses: $10,000 grant, $4,000 grant, $2,500 grants, $1,000 grants. In addition, each grant recipient will receive a tuition scholarship for one of Founders First CDC’s stellar business accelerator programs.
- Grant money can be used as growth capital to hire or rehire premium wage jobs.
- Cash infusion can be used to purchase, fix or enhance equipment necessary to help you manage growth challenges and scale for the future.
Eligibility Criteria
- Founder identify as one of the following: Latinx, Black, Asian, Women, LGBTQIA+, Military Veteran, or located in a Low to Moderate Income area.
- Must be located in the Los Angeles, Orange County, Riverside, San Bernardino, Imperial, and San Diego regions and have a current staff of 2-20 employees. Will have the ability to add 1-2+ net new premium wage jobs in the next 12 months. Must be a for-profit company with annual revenues between $100K and $3 million.
For more information, visit Founders First Community Development Corporation
