About
Grant Amount: $10,000
Accion Opportunity Fund is proud announce the latest round of Fast Break for Small Business: a $6 million commitment in small business grants and LegalZoom services to help thousands of small businesses across the country! This round of the program—focused on Black-owned businesses—will provide 50 small business owners with $10,000 grants, and an additional 1,950 small business owners with free LegalZoom products or services, valued at $500.
LegalZoom has teamed up with the NBA, WBNA, and NBA G League to support this effort, and Accion Opportunity Fund is thrilled to serve as the nonprofit administrator of the program. Applications are open February 1 – February 17, 2023, and we invite you to share with your networks and encourage your followers to apply!
deadline
Applications deadline is on February 17, 2023
requirements
To be eligible for this grant, you must meet the following:
- Be based in the United States
- Must be a Black–owned business
- Have been in business for at least 6 months [since August 1, 2022] and currently in operation
- Have one of the following if in business for between 6 and 12 months:
- articles of incorporation for LLCs, S Corps, and C Corps
- sole proprietorship formation
- fictitious name statement or DBA
- EIN registration
- city, state, or federal license to do business
- or relevant professional license
- If the business is between 6 and 12 months old but does not have any of these documents, the business is not eligible for this opportunity
- Have an annual revenue of less than $1 million
- Have a business bank account
- Not be in an industry that has been identified as a prohibited industry for this program
