Small business mini grant application
Most small businesses would benefit from an infusion of additional capital. Thanks to a grant from The Knight Foundation and Lexington Fayette Urban County Government (LFUCG), NOLI CDC is able to offer North End business grants up to $5,000. The intent of these grants are to support and grow the economic potential of the North End Community.
To qualify for a grant your business must be:
- Located within Lexington’s North End (SEE MAP BELOW)
- Either an existing small business with a proven track record or a new business preparing to make a new home in the North End
Grant applications will be judged on the following: Community impact: Does your business/ project add to the rich tapestry that is the North End Community? Preference will be given to businesses who align with the NOLI CDC’s Cultural Plan’s recommendations (available at http://www.nolicdc.org/cultural-plan/).
ADDITIONAL INFORMATION REGARDING FINALISTS:
Finalists will be asked to share your business plan, last annual (or in the case of new business, planned) budget and give a 10-minute presentation and a 15-minute Q&A with the judges, for a total of 25 minutes.
Goals of finalist presentation and Q&A
- Clearly and concisely articulate your business idea (for new businesses), how your current business serves the community, and how you would like to use the grant money.
Show the creativity and practicability of your marketing and sales strategy.
Demonstrate the overall viability of your business.
Provide sufficient detail to convince the judges that your plan can be executed and operated successfully. If invited to present - will offer applicant finalist two weeks to prepare.
You may use a PowerPoint Presentation (PPT). Size limit – 5 MB (finalists should also bring a flash drive with your PPT to the presentation, as a back-up).
DOCUMENTS BELOW MUST BE DOWNLOADED AND SUBMITTED via dropbox LINK OR DELIVERED IN PERSON per instructions below.
To upload documents online: Click Here!
Open office hours for drop in assistance:
Tuesday, September 19, 2017 4:00 - 6:00 pm, NoLi CDC - 714 North Limestone, Lexington, Ky 40508
Please submit applications to: email@example.com or NoLi CDC, 714 North Limestone, Lexington, KY 40508
These submissions must be delivered electronically, hand delivered, or post marked by close of business on September 25, 2017
Please contact any of the following: Grant Phelps 859-806-1642 / Holly Meredith 502-640-3280