The Launch Micro-Grant

The Launch Micro-Grant was created to help these entrepreneurs scale their business operations by providing access to capital to aid in the purchase of a business asset. Through funding and expertise, local financial institutions determine grant recipients by assessing a variety of factors through an application process and pitch competition. You must meet the following requirements in order to obtain grant money: -Applicants must be 18 years or older. -Business must be between 6 months and 5 years old. -You must have sales and proof of concept. -Business must be located in Lakeland, Florida. -Business must have had less than $1,000,000 in sales the previous year. -Business must be a formed legal entity. -Applicants must not be eligible for traditional bank lending. -It must be a “new to Lakeland” concept (meaning that you provide something that is unique and not just another Starbucks or hair salon etc.). -The grant money must be used to scale business beyond solely increasing revenue (hiring employees, expanding space etc.).