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Batmasian Grant for Small Business

Grants and In-Kind Support to Florida Small Businesses for
Support in the Wake of the COVID-19 Crisis

Agency Type:

Foundation / Corporation

Funding Source:

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Batmasian Family

Deadline Date:

04/15/21

Description:

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Grants and in-kind support to Florida businesses in eligible locations to offset the impact of the Coronavirus (COVID-19) health crisis. Funding is intended to promote entrepreneurship in the wake of the pandemic. In addition to financial support, grantees will receive coaching to help support their business. Eligible applicants are small businesses located in Broward and Palm Beach counties.

The Batmasian Grant for Small Business has been created to support and elevate local businesses and aspiring entrepreneurs in South Florida. As long-time contributors to non-profits and the landscape of local communities, the Batmasian family has dedicated funds to provide financial support and top-level coaching to local entrepreneurs and small businesses in the wake of COVID-19. 

In times arising from shutdowns and restricted operations in business, Batmasian Family Grant program will help minimize the financial strains some small businesses are experiencing and, through thoughtful professional guidance, help put them on a path to success.

Grant funds must exclusively be put toward one or more of the following: advertising, marketing, business supplies, inventory, employee retention, locally or American-sourced business supplies, operations, improvements, necessary maintenance or repairs.  

GrantWatch ID#:

GrantWatch ID#: 195219

Estimated Total Program Funding:

$100,000

Number of Grants:

15

Estimated Size of Grant:

- 1st Place - $20,000
- 2nd & 3rd Place - $15,000
- $5,000 for the remaining top finalists
Plus 1-on-1 business coaching from respected leaders in the community.

Additional Eligibility Criteria:

- Small Businesses applying for the grant are defined as having 50 or fewer full and part time employees, with 75% or more locally-based within the Palm Beach and Broward county region.
- Business must be legally registered and located within Broward & Palm Beach Counties (Florida) only.
- Business must have been open and operating by January 31, 2020 and be able to show proof of current hardship relating to the COVID-19 shutdown and pandemic.
- Business must not be considered an “essential business” as defined by the US Government.
- Business owner(s) must be US residents.
- Sole proprietors / single person operating businesses may also apply.
- Publicly traded companies may not apply.
- Limit 1 application per business. Multi-location businesses may only apply once for a single location within Broward and Palm Beach Counties (FL) with grant dollars allocated exclusively to the applying location. Multiple locations within the two counties will not be accepted as additional entries for the grant.

Grant funds are not applicable towards travel, entertainment or non-essential business expenses, personal expenses, or taxes (past / present) and may not be used towards the relocation of your business outside of Broward or Palm Beach Counties.

Pre-Application Information:

To apply, please read the guidelines and submit your application by April 15, 2021. Grant applicants will be reviewed in April 2021 and winners will be announced by May 15, 2021.

- A panel of local business leaders, the Chamber of Commerce and city officials of Boca Raton and Delray Beach will review the applicants to select the finalists.
- Each finalist will present their plans and ideas for final selection. As a finalist, businesses and entrepreneurs will receive incomparable insight and counsel from the Batmasians and renowned corporate executives to help their businesses grow and thrive.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Application: https://batmasianfamilygrant.com/application/

(561) 392-8920
info@thebatmasiangrant.com

URL for Full Text (RFP):

Geographic Focus:

USA: Florida: Broward and Palm Beach counties

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