Accepting New Applications
From July 2021 through April 2022, G.I.F.T. will be awarding two grants per month.
One of the grants will be in the amount of $25,000 or $50,000 each month, to help a business grow.
The second grant will be in the amount of $10,000 to help a business get started.
*Only four $50,000 grants will be given in this time frame.
The guidelines for how G.I.F.T. identifies grant recipients are outlined below:
The business applying for the grant must be majority Black-owned.
Preference will be given to businesses that are located or operate in our identified focus area (64109, 64110, 64127, 64128, 64130, and 64132).
The business must have a detailed itemized breakdown of exactly how the grant dollars would be utilized, and clearly articulate the detailed long term impact on business growth.
Eligible expenses are payroll, inventory, fixed cost (rent, equipment, lease, etc.), and other day to day expenses.
Preference will be given to projects with the highest propensity for job creation.
The business will need to submit proof of their organizational structure and a recent financial statement.
*The applicant may be called for an interview with the Board of Directors to further determine eligibility.