Minority Business Equipment and PPE Grant
Guidelines
o This grant is available for the purchase of new equipment or the repair of existing equipment that will be used only for business-related purposes. It can also be used to purchase Personal Protective Equipment (PPE).
o Maximum grant request: $1,000
o Additional info about the desired item can be emailed to
mercadoonfifth@gmail.com
Grant Eligibility
o 18 and older
o Owner or future owner of a small business
o Meet all federal, state and local business regulations
o Be current up-to-date on sales and income tax
o Be a US ethnic minority
o Applicants must be an IL SBDC WIU QC client and have had at least one appointment
Deadline
o All applications must be submitted by December 15, 2020, at 11:59 p.m.
This grant is made possible through a collaboration with Mercado on Fifth, the Illinois Federal Home Loan Bank of Chicago, IH Mississippi Valley Credit Union and the Illinois Small Business Development Center at WIU.
* Required
Applicant Name (First and Last)
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Your answer
Home Address
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Your answer
Personal Phone Number
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Your answer
Business Name
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Your answer
Business Type
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Sole Proprietorship
LLC
Partnership
C Corp
Cooperative
Other:
Employer Identification Number (EIN)
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Your answer
Business Address
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Your answer
Mailing Address (If different from business address)
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Your answer
Business Phone Number
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Your answer
Email Address
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Your answer
Website/ Social Media Account Link
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Your answer
Description of Business Activity
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Your answer
Have you ever received any previous grant funding?
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Yes
No
If yes, from where and for what purpose? If no, type n/a.
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Your answer
Are you an SBDC client?
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Yes
No
Who do you bank with?
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Your answer
Use of funds:
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Growing a business
Starting a business
Business site:
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Mobile
Establishment
Is your business seasonal?
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Yes
No
How long have you been in business?
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Your answer
Years of experience:
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Your answer
Sales in the best month ($):
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Your answer
Sales in the worst month ($):
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Your answer
Estimated sales for the next five years:
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Your answer
What types of financial services do you need to succeed?
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Checking
Savings
Debit/Credit Card
Line of Credit
Bookkeeping
Payroll
Taxes
General Business Consultation
Required
Please provide a detailed explanation of the item you hope to purchase or repair. How will this item contribute to the growth of your business?
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Your answer
Link to the item/ Estimate:
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Your answer
Amount of requested funds (maximum grant $1,000):
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Your answer
E-Signature verifying that the information provided is accurate:
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Your answer
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