Microenterprise Grant - UAA Center for Human Development

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Microenterprise Grant

Microenterprise Grant The Microenterprise Fund strives to increase access to Microenterprise and self-employment opportunities for persons with disabilities who are Alaska Mental Health Trust Beneficiaries. Grant funds may be used for costs associated with starting a new business, expanding a current business or acquiring an existing business. Definition of a Microenterprise The business must meet the definition of a microenterprise, which is a business with total capital needs of not more than $35,000 and fewer than 5 employees. Allowable uses of grant awards Allowable costs include but are not limited to: business license, insurance, permits, inventory, raw materials to make a product, equipment, supplies, rent or lease for space to offer a service or product, utilities, furnishings, marketing activities, transportation costs not related to vehicle purchases, accounting services and training/support services. Applications Guidelines The grant amounts people request vary depending on the business. Applicants can request a minimum of $500 and a maximum of $10,000. Multiple applications per applicant are accepted in different review periods, but the lifetime maximum is $10,000. (For example if Joe is awarded 3,000 in 2010 he can request up to $7000 in subsequent applications).		Application Deadlines for FY12 (July 2011 – June 2012) October 5, 2011 January 9, 2012 May 1, 2012 Contact Microenterprise Grant Catie Wheeler Grant Fund Administrator (907) 264-6251 catiew@alaskachd.org UAA Center for Human Development 2702 Gambell St. Suite 103 Anchorage, Alaska 99503 Ph: (907) 272-8270 1 (800) 243-2199 TTY: (907) 264-6206 Fax: (907) 274-4802
If you are requesting $500 - $1,000 you are required to submit this application and the following supporting documentation: Proof of Mental Health Trust Authority Beneficiary Status. Documentation of your dollar for dollar match If a portion of your match is from DVR: proof of DVR approval. Quotes and Specification sheets for items awarded funds will purchase. If you are requesting $1,001 - $10,000 you are required to submit this application the following supporting documentation: Proof of Mental Health Trust Authority Beneficiary Status. Documentation of your dollar for dollar match If a portion of your match is from DVR: proof of DVR approval. Quotes and Specification sheets for items awarded funds will purchase. Business Plan including the following: description of business, operating plan, financial management plan, feasibility research, profit and loss (3 yrs), cash flow (3yrs), marketing plan. Downloadable Documents (ATTENTION: If using a Mac to complete the application please use Adobe Reader. If you use Preview you will not be able to see the entered information when you print or submit the application electronically.) Microenterprise Grant Application (PDF) ME Grant policy and procedures (PDF) Fall Review Flyer (PDF) For assistance with your application contact the Microenterprise Business Consultant: Jackie Stewart Ph: (907) 789-5044 Cell Ph: (907) 321-4643 cbc@alaska.net Related Links AK Mental Health Trust Beneficiary Groups Information regarding Mental Health Trust Authority Beneficiary groups Small Business Development Center Workshops, consultation, tools, and resources for small businesses DVR General information about eligibility, supports, services, and the rehabilitation process Small Business Administration Provides information and support to small businesses including online classes, templates, and resources AK Department of Commerce, Community, and Economic Development Provides information about owning, operating and establishing a small business in AK Small Business Assistance Center Part of the Commerce, Community, and Economic Development web site with specific tools and assistance for small business owners SCORE Online resources and templates AKSource Link AKSourceLink connects a network of more than 140 not-for-profit business support organizations across the state of Alaska to aspiring and existing business owners who need their services. Browse through a complete list of resource partners in the network.