Micro Enterprise Grant
The Micro Enterprise Fund strives to increase access to Micro Enterprise 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 Micro EnterpriseThe business must meet the definition of a micro enterprise, 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
Application Guidelines: **Due by 12PM - Noon on day of deadline**
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).
***All applications must be received by 12PM (Noon) on the due date***
2015 - 2016
Application Deadlines Dates
**January 27, 2016 at 12:00 pm (Noon)**
This is the final application round for FY16
If you are requesting $500 - $1,000 you are required to submit this application and the following supporting documentation:
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 the application The formatting on the downloadable and fillable PDF is still being polished after a move to a new tool this summer. The PDF will fill and submit correctly however.
For assistance with your application contact the Microenterprise Business Consultant:
Related LinksAK 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
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
Online resources and templates