Progressive is proud to support Hispanic entrepreneurs as part of its Driving Small Business Forward grant program, hosted by Hello Alice. Ten $25,000 grants will be awarded to Hispanic Small Businesses to use towards the purchase of a commercial vehicle.
Donor Name: Progressive
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 06/17/2022
Size of the Grant: $25,000
Details:
As the #1 commercial auto insurer in America, Progressive understands small businesses and is committed to providing solutions to help meet their needs. Hispanic entrepreneurs start more businesses per capita than any other racial or ethnic group in the United States, yet they face more challenges getting loans or capital from the investment community. Progressive would like to support these business owners with funds to take their business to the next level.
Funding Information
The Driving Small Business Forward fund will provide $25,000 to ten small businesses towards the purchase of a commercial vehicle to accelerate their business.
Eligibility Criteria
- Eligible small businesses must be:
- Majority (51%+) owned and operated by Hispanic-identifying entrepreneur(s)
- Have 10 or less employees
- Have less than $5M in annual gross revenue
- Have a demonstrated need for a commercial vehicle to run your business.
For more information, visit Progressive.