Meet the Small Business Growth Fund RecipientsSmall Business Funding•Jul 12, 2022• < 1 min read
Hello Alice is proud to announce the recipients of the Small Business Growth Fund!
What is the Small Business Growth Fund?
Part of the Year of Small Business movement, the Small Business Growth Fund exists to empower small business owners and strengthen the overall small business economy by addressing SMBs’ number one need: access to capital.
Now in its second round of funding, each recipient will receive a $5,000 grant, provided by Mastercard, to accelerate their growth and help make 2022 the year of their small business.
The Small Business Growth Fund Recipients
Hello Alice is proud to say that many recipients identify as part of the New Majority of small business owners:
- 67% people of color
- 69% women
- 7% military-affiliated
- 36% LGBTQIA+
- 22% people with disabilities
While their businesses span a variety of industries and stages of growth, the recipients all share a common commitment to impact. Each owner told us how they create jobs, integrate social impact, and donate to local causes and organizations.
“We are running a camp called Mini Money Runners this summer in Antonito, Colorado,” says Lorne Jenkins (pictured above), founder of Mini Money, a financial literacy app and educational program for schools. “The average income in the county is $22,000 and it is 82% Latino. This grant funding will go to funding the financial literacy portion of the camp, and pay teachers to host workshops that cover money, emotions, budgeting, and entrepreneurship throughout the six-week sessions.”
Get to know the full list of Small Business Growth Fund recipients below, and visit the Small Business Funding Center to find more grant opportunities and lending options.