by The innovative Famous Amos Grant Program was created to support to small business owners and aspiring entrepreneurs. The initiative bears the name of the well-known cookie firm Famous Amos and its philanthropic and successful creator, Wally Amos.
The Ingredients for Success grant program aims to gives financial support to people who want to launch or expand their enterprises. The grant funds can be applied to several things, including recruiting staff, buying equipment, do marketing and promotion, and more.
To know detailed information about this grant program, and its requirements, value, and application process, read the complete article below.
Also, apply for:
- Galaxy of Stars grant 2024 – Hidden Star Resources
- Start her peanut grant 2024 – A Women’s Social Network
Ingredients for Success Initiative
The National Black Chamber of Commerce and Famous Amos® have teamed up again to present the Ingredients for Success Entrepreneurs Initiative, a worldwide pitch competition that will give three $50,000 grants to Black small business owners. In addition to funds, the NBCC will supply resources and tools for winners to promote long-term success and growth.
Value of Famous Amos grant
- Three entrepreneurs will receive the award of $50,000 from Ingredients for Success.
- In addition to the cash prize, recipients will get tools and resources from the NBCC to promote success and long-term growth.
Requirements for Ingredients for Success Grant Program
To be eligible for this grant program, your application must include the following items to follow the rules:
- One or all names of the business owner
- The business name
- The legal business postal address
- The official business email
- The tax ID number for the business
- A business overview (no more than 250 words max)
- Link(s) to the business website and social channels
- An uploaded 90 to 120-second elevator pitch video
Check:
- Antares reach grant program 2024 | $20K Grant to small business
- Incfile grant – Fresh Start Business Grant 2024
How to Apply for the Famous Amos Grant?
The entire process of application online for the Famous Amos Business Grant program. The application process may vary depending on the specific program. To apply for this grant, must follow the following steps:
- Research the program: Make sure that you meet the eligibility criteria and research the program before applying.
- Prepare a detailed business plan: Generally, the application procedure includes a requirement for a comprehensive business plan. This has to contain details about your intended market, business strategy, and projected financials. It should also specify how the grant funds will be utilized to support the growth and development of your business.
- Gather supporting documents: You must provide supporting documents such as financial statements, tax returns, and proof of business registration.
- Apply: Fill out the application, and submit it along with the business plan, and any supporting documents to the organization offering the grant.
- Wait for a decision: The organization will evaluate all of the applications following the application deadline and choose the grant recipients. The organization will notify you of the decision.
- Participate in mentorship, training, and networking opportunities: You will be required to participate in networking, training, and mentoring opportunities as part of the program if you are chosen as a grant recipient.
Finalist
Access to existing signature programs & NBCC Membership resources will be given to ten finalists. To demonstrate the strategy’s implementation, the candidate will be required to provide a 500-word report outlining the business’s main needs and how the funding will address them.
