Ohio Minority Supplier Development Council

Duke Energy, Cincinnati Chamber Foundations to provide $5,000 grants to minority, women and veteran-owned small business in need

Source: The Cincinnati Business Courier

The Cincinnati USA Regional Chamber and Duke Energy foundations will provide $5,000 grants to minority, women and veteran-owned small business in need of general reliefs.

The grants are aimed at helping businesses recover from the pandemic and its economic effects. It’s the second year of the program.

“Our small business customers, which are a foundation of our communities, continue to struggle as the pandemic persists,” said Amy Spiller, president of Duke Energy Ohio and Kentucky. “This meaningful program with the Cincinnati Chamber allows us to have a direct impact on these customers to help them succeed.”

Chamber members and nonmembers are eligible for the funding. Applicants must have less than $1 million in annual revenues and have fewer than 100 employees. The application deadline is Sept. 17.

Derrick Braziel, owner of Pata Roja Taqueria, received a grant last year.

“We’ve had our best year yet and it’s due to support from Duke and the chamber,” he said.

Both chamber members and non-members are eligible to apply for the funding.

The grants can be used to help support payroll, paid sick or medical leave, insurance premiums, mortgage payments, legal assistance, technical assistance and other debt obligations. The funding cannot be used to pay Duke Energy utility bills.

The application deadline is September 17, 2021 – https://www.cincinnatichamber.com/duke-fund

Lowe’s-LISC Partnership – Apply for a Grant to Receive Assistance – Round 4 Application Period Open, Application Deadline June 17

Across the United States, small businesses that form the economic backbone of our communities now face immediate – and oftentimes, crushing – financial pressure because of the COVID-19 pandemic. Many small businesses that were forced to shut down temporarily now are at serious risk of never reopening. Even those small businesses that can still operate remotely face major revenue shortfalls. With little or no reserves to pay their expenses, many will have no choice but to lay off workers and close their doors forever.

Thanks to a significant grant from Lowe’s, LISC will provide the emergency assistance that small businesses desperately need to stay afloat. We will deploy grants to help them bridge the financial gap, and provide guidance to help them navigate the intricate web of public and private resources now available. LISC will focus these efforts on historically underserved communities—especially those enterprises owned or led by minorities and women, who often lack access to affordable capital.

Grants to small business owners to help meet their most immediate needs. Eligible expenses include:

  • Paying rent and utilities
  • Meeting payroll
  • Paying outstanding debt to vendors
  • Upgrading technology infrastructure
  • Other immediate operational costs

Visit https://www.lisc.org/covid-19/small-business-assistance/small-business-relief-grants/lowes/ to learn more and apply.

Facebook Small Business Grants Program and Business Resource Hub available for businesses affected by COVID-19 outbreak.

Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. This may be helpful to businesses experiencing disruptions resulting from the global outbreak of COVID-19. Facebook will begin taking applications in the coming weeks. In the meantime, you can sign up to receive more information when it becomes available at https://www.facebook.com/business/grants

For additional resources about how you can help your business prepare for and manage through disruptions like COVID-19, visit our recently-launched Business Resource Hub at https://www.facebook.com/business/boost/resource

Hilton Supply Management Diversity Advancement Fund Grant – Deadline Friday, February 14

Hilton Supply Management’s (HSM) Supplier Diversity team is pleased to announce the Hilton Supply Management’s Diversity Advancement Fund Grant! The annual grant of $10,000 will be given to a minority or woman-owned business that had the greatest impact on economic development strategies designed to accelerate innovation and entrepreneurship. 

PrizeIn addition to the $10,000 grant, HSM will fly the winner to Hilton HQ in McLean, Virginia with the opportunity to meet our HSM leadership and presentation of their grant monies.

To learn about the criteria and apply, please visit https://suppliertynews.com/2020/02/05/hilton-supply-management-hsm-diversity-advancement-fund-grant/