100K Ideas, with the generous support of the Ruth Mott Foundation, will be awarding ten (10) $1,000 grants to north Flint residents.
Realizing the need for small gap funding for Flint residents, 100K Ideas is launching the Office Hours Innovation Grant. The primary goal of this initiative is to award small grants to local north Flint entrepreneurs, innovators, and small businesses. The grants are designed to help individuals purchase equipment, supplies and other initial business expenses that may be out of reach without additional financial resources.
“We understand that many early-stage businesses simply need a small amount of capital to launch their idea,” said Brandee Cooke-Brown, executive director of 100K Ideas.
“Whether it be funding for business cards or to purchase a piece of equipment, at times it can still be a barrier,” Cooke-Brown added. :Providing a small grant, we hope, will close some of those smaller financial gaps that create barriers to entrepreneurship.”
“Feedback from north Flint residents prioritized support for small businesses as a means to stimulate economic growth,” said Raquel Thueme, president of the Ruth Mott Foundation.
“The Ruth Mott Foundation is pleased to partner with 100K Ideas to provide mini grants that help entrepreneurs put their ideas and plans into practice,” Thueme added.
To be considered eligible for funding, interested applicants need to meet the following criteria:
· Reside in one of the following zip codes: 48504, 48505, 48506.
· Have taken your business through the 100K Ideas’ process.
· Present a clear statement on how you plan to use the funds to move your business forward.
Those who are interested can apply now at https://www.100kideas.org/1000-dollar-grant. For more information, or to learn about starting the 100K Ideas’ process with your idea or business, call 810-213-4720, email hey@100kideas.org, or visit one of the following locations.
· Ferris Wheel Building – Monday, Wednesday, Friday 8 a.m. – 4 p.m.; Tuesday and Thursday, 10.am. – 6 p.m.
· LatinX Technology and Community Center – Every Tuesday, 12 p.m. – 5:30 p.m.
· Flint Development Center – Every Wednesday, 9:30 a.m. – 3:30 p.m.
· Berston Field House – Every Thursday, 10:30 a.m. – 5:30 p.m.
About 100K Ideas
100K Ideas is a Flint-based nonprofit organization where big thinkers are ushered from napkin-sketch to market. 100K Ideas provides real world experience primarily to college students who help address the unmet needs of inventors, innovators and entrepreneurs and ensure a platform to support economic and workforce development as a driver of empowerment in Flint and for innovators everywhere. Learn more at 100kideas.org.
