The Black Founders Small Business Startup Grant
Helping others Konnect their ambitions and aspirations!
Thank you for applying to the Konnect Services Small Business Start-Up Grant. We are excited about the possibility of being part of your business journey.
Note: These are questions you will provide us in the link below and you will be redirected to a google form to complete the registration and payment.
Tell us about you.
- First Name & Last Name
- Title (CEO/Founder/Work Title)
- Gender (How you identify)
- Ethnicity
- Email Address
- Phone Number
Tell us about your organization.
- Organization Name
- When was your business established?
- What is your organization’s website?
- Add EIN number, if applicable
- Street Address
- State/Providence
- Zip/Postal Code
- Country/Region
- Facebook page
- Instagram handle
- LinkedIn profile
- What is your business type? (LLC, Sole Proprietorship, General Partnership, S. Corporation, etc.)
- Is your business brick and mortar or do you offer goods or services online? Please explain what your business does.
- What products or services does your organization provide?
- If your application is selected, how will this funding impact your business for the better?
- What startup costs are currently needed for you to build a successful business? Please be specific. 500 words.
- What is your origin story? What about you and your background helped you to decide to build a small business?
- What is your organization’s mission statement? What is your vision for the future?
- What barriers and challenges do you currently face in building your business to its full potential?
- How will your small business celebrate diversity in your community?
- Describe the socioeconomic status of the community that your organization currently serves.
- Are you willing to invest into receiving business coaching?
- Please upload any videos or that will showcase your business.
Guidelines to Follow
Business or individuals with business bank accounts will be more highly considered for the grant, but those without are still eligible to apply.
The selected candidate will be informed of our decision by direct email, within 2-3 months of submission. This will allow our team the necessary time to carefully review your application, ask questions, and obtain any additional information.
The selected candidate for this grant will have 14 business days to accept or decline this award. Declined awards will go directly to the runner-up.
The selected runner-up of this award will receive a business consulting voucher, which includes 1 free hour of a business consulting session and a 30 minute follow-up session.
Winners will be announced each quarter on Enhanced Konnect Services’ social media platforms.
- 00Days
- 00Hours
- 00Min
- 00Seconds
Keep Scrolling for Additional Info, or click here to apply for the grant now!
What is a Small Business Grant?
Starting a business is a daunting journey filled with challenging obstacles. These hurdles should make the business resilient but never lead to a complete shutdown. According to the Bureau of Labor Statistics, 18% of businesses will fail in their first year of operations, while 50% will fail after 5 years.
In the world of innovative startups, small business grants may provide a cushion for owners to find the strategies that will bolster their business’s success. In this article, we’ll dive into the power of small business grants and how to navigate the grant process.
Small business grants are non-repayable capital supplied by non-profits, governments, or others to support a business. Grants can cover many business expenses, such as marketing, payroll, and the development of products and/or services.
The availability of grants depends on a couple factors, such as services, revenue, and the size of the business. Apart from those factors, it is important to keep in mind that funding is usually given to businesses that stand alone.
For example, Enhanced Konnect Services LLC. is unique in its ability to reach any person during life events. The client can contact us, use our emotional support hotline, or use Calendy to access business, life, and relationship coaching.
2022 Performance
We are so happy to announce that Enhanced Konnect Services has served and supported over 50 plus families utilizing our Case Management Services needing housing, shelter, food, clothing, transportation, mental health support, emotional support, school supplies, hygiene products, general resources, financial assistance and legal information. Over 20 clients receiving consistent Life Coaching Services and has Contracted over 8 companies and organizations receiving Business Consulting Services.Our high volume areas who have received ongoing support are Texas, Virginia, Louisiana, North Carolina, New York and Illinois. Internationally – Nigeria and Belgium.
Gains and Benefits: Small Business Grants Unveiled
Did you know that small business grants can do more than support a project? Here are three benefits of small business grants:
(1) Financial support
This benefit is obvious, as financial support is a grant’s purpose. For a small business, grants can be the vessel that brings ideas to fruition. Business owners can now have a ‘growth mindset’ instead of a stressed mindset about how they will sustain themselves in their industry.
(2) Reputation
When a business wins their first grant, it highlights their reputation, credibility, and innovation. Grants are never rewarded haphazardly; funders take a lot of time to make their final decision. But once the first grant is awarded to a business, they are more likely to receive other awards down the line. This process is also known as the “domino effect.”
(3) Visibility
In many cases, small business grants offer networking opportunities. Creating meaningful connections with other business owners can allow one to grow and seek out new strategies. These new, professional relationships may just help you take the next steps to reach your business goals.
Retrieving Your First Grant
Navigating the grant landscape is a lengthy, cumbersome process. But, luckily, with the right resources, securing grant funding can become easier with time. Here are three steps to keep in mind:
Research Thoroughly
This step is one that cannot be forgotten. It is best to recruit an experienced grant writer to research and write these grants for the business. Not only will grant writers have to research grant programs, but they’ll also research funders and write the entire grant. Researching and writing grants is truly a whole job in itself.
Branding
Branding creates a sole identity for a product, project, or service. The design must be appealing and relevant and catch the audience’s attention. Consistent branding allows funders to see a business’s commitment to their values, increasing the likelihood of successful grant retrieval.
Don't Give Up
From research to submitting proposals, the grant process is undoubtedly difficult. About 1 in every 10 grant applications is accepted, as noted by the Professional Grant Writer. So, take your time, stay persistent, and keep asking questions. That is the ultimate way to be successful in securing grant funding for small businesses.
Testimonials
Testimonials from the folks who changed their lives – for better.
Nicole Johnson - Maryland
Devin Richardson - Indiana
Shey S. - Philippines
Jessica Williams - North Carolina
Laketa Tyler