TLDR;
This video presents six accessible grant opportunities for entrepreneurs, nonprofits, and community leaders. It emphasizes grants with no deadlines, global reach, and simplified applications. The video also highlights the importance of researching past recipients and aligning your project with the grantor's mission.
- Grants are taxable.
- Apply early, as funds can run out even for no-deadline grants.
- Research past recipients to ensure your project is innovative and aligns with the grantor's mission.
Are Grants Taxable? [0:07]
The video addresses the misconception that securing funding for a business requires luck or insider knowledge, asserting that the primary obstacle is access to reliable information. It introduces six easily accessible grant opportunities that are currently open for application. These opportunities are global, offer quick application processes, and are presented as valuable uses of time.
Global Micro-Grant (No Deadline + No Business Needed) [0:24]
The Awesome Foundation sponsors a $1,000 small business grant. The foundation has funded over 7,000 projects, totaling $7 million. Applicants should review previously funded projects on the website to ensure their idea is innovative and not repetitive. The application process involves navigating to the website, reviewing chapter details, and clicking "apply." Individuals in cities without a chapter can collaborate with the grantor to establish a grant opportunity in their area.
How to Review Past Recipients Before Applying [1:41]
It's important to research past grant recipients to understand the types of projects the foundation typically supports. This helps ensure that your project is innovative and aligns with their funding priorities. Avoid submitting applications for ideas that have been funded multiple times before.
Quick-Apply Micro-Grant (5–10 Minute Application) [2:14]
Honeycomb Credit sponsors the $5,000 Spark Grant. While two $1,000 grant opportunities are open to anyone, the $3,000 grant is exclusive to subscribers, costing $15 per month. Potential applicants should assess if the subscription fee aligns with their business needs and explore the resources available to subscribers. It's recommended to explore the website for additional opportunities, such as credit options, before deciding whether to apply for the grant.
Evaluating Eligibility & Reading Grant Websites [3:38]
Before applying for any grant, carefully review the eligibility requirements and all information provided on the grant website. This ensures that you meet the criteria and that the grant aligns with your business goals.
Hardship Support for Food & Beverage Industry [4:07]
CORE, a nonprofit organization, offers hardship support up to $7,500 for individuals in the food and beverage service industry. Eligible sectors include hotels, bars, dining, room service, concessions, cafeterias, dining halls, and food trucks. Exclusions apply to third-party delivery drivers like Door Dash. The notification process takes approximately 30 days. If ineligible, sharing the opportunity with someone who can benefit is encouraged.
Youth-Focused Community Funding (Short Application) [5:57]
The Mark Wahlberg Youth Foundation aims to eliminate barriers preventing youth from succeeding. Applicants should review the foundation's website, past projects, and partners to ensure alignment. The application process involves completing a short form, likely serving as a letter of interest. The form requests background information, mission, project details (limited to four sentences), budget, and board member details. Applications must be mailed to the provided address.
High-Capacity Nonprofit Funding (Letter of Interest) [7:22]
The Ronald Burkel Foundation offers up to $250,000 in funding for nonprofit organizations. Applicants should examine past grant recipients to identify commonalities and assess their organization's alignment with the foundation's mission. The initial step involves submitting a letter of interest by mail, including the organization's project, history, objectives, implementation plan, community relevance, budget, and IRS tax-exempt status letter. Grant decisions are made on an ongoing basis.
Inventory & Store-Starter Funding (U.S. & Canada) [10:00]
Fair sponsors a $5,000 grant opportunity for new stores to stock inventory, available to businesses in the U.S. and Canada. Applicants should review the website, past recipients, and FAQs to understand eligibility and selection criteria. The application process involves completing the online form and potentially creating a pitch video.
Final Tips & Free Application Resources [11:53]
The video encourages viewers to utilize available resources, such as ebooks, workbooks, Patreon content, and playlists, to enhance their grant applications. It also expresses gratitude to viewers for their support and encourages them to share their grant success stories.