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The Local Initiatives Support Corporation New York (LISC NY) and General Motors launched an exciting new partnership in 2021 to scale and advance Black-owned business growth in the 8-county Western New York region. Round 3 program eligibility is extended to include Latino/a-owned businesses.
LISC NY and GM recognize that there are several business industries in Western New York that have a projected demand for their services, yet need capital to scale up to meet that demand. With funding support from General Motors, the ‘Scale Up WNY’ Grant will assist the growth of Black-owned and Latino/a-owned businesses that are under-capitalized, but well positioned for growth. This fund is designated to support procurement opportunities in several high-growth industries and/or services:
• Construction
• Childcare Services & Providers
• Energy Infrastructure & Climate Response
• Broadband, Digitization & Web Services
• Medical Suppliers & Telehealth Services
• Manufacturing
• Diversity, Equity & Inclusion consultants
Funds will support innovative approaches to business growth, boosting competitiveness, and widening business service offerings and/or supplies for 10-15 businesses experiencing underinvestment. Grants range from $10,000 to $15,000.
Eligibility
Applicants may apply for one business only and must be 18 years of age to apply. For business owners with multiple businesses, please complete this application based on your largest business owned. Each grant is limited to one individual/business. Nonprofit organizations are ineligible for this application.
Awards will be made to qualified businesses, and eligibility is based on accurate and complete submission. For this particular grant, priority will be given to Black and Latino/a entrepreneurs in the following industries: Construction, Childcare Services & Providers, Energy Infrastructure & Climate Response, Broadband, Digitization & Web Services, Medical Suppliers & Telehealth Services, Manufacturing, and Diversity, Equity & Inclusion consultants.
All awardees will have to certify that they are promoting the best interests of the community.
Deadline
Submissions are due by Friday, June 16, 2023 at 11:59 P.M. ET and must be submitted via the online application portal. Applications submitted after the deadline will NOT be considered.