Deadline: 13 December 2024
The Small Business Catalyst Fund is now accepting applications to offer grants to small businesses located throughout Fifth Third’s geographic footprint, with priority given to businesses located within the Neighborhood Program communities.
Created in partnership between Community Reinvestment Fund, USA (CRF) and Fifth Third Bank, the Small Business Catalyst Fund connects small business owners to potential capital options offered by trusted Community Development Financial Institutions (CDFIs).
Guided by the local communities they serve, CDFIs are mission-driven community lenders and resource providers that often work with entrepreneurs who have historically faced roadblocks along their journey to secure capital and other resources.
Funding Information
- Maximum grant size: $5,300.
Use of Grants
- The grant awards of $5,300 can be used for working capital, technical assistance, or other similar expenses that occur in the regular course of business.
Eligibility Criteria
- Eligible grantees must be for-profit small businesses located in one of the program’s focus neighborhoods.
- To be eligible for a Small Business Catalyst Fund grant, you must operate a business within one of the program’s focus neighborhoods:
- Arlington Wood, Indianapolis, IN
- Avondale, Cincinnati, OH
- Buckeye, Cleveland, OH
- East Tampa, Tampa, FL
- Grove Park, Atlanta, GA
- Historic West End, Charlotte, NC
- Near East Side, Columbus, OH
- Russell, Louisville, KY
- South Chicago, Chicago, IL
Requirements
- Here’s what you’ll need to be prepared to submit the grant application:
- Federal Tax Return (2023) or Personal returns that include a schedule C for the business
- Government Issued ID (Colored Copy)
- Voided Business Check
For more information, visit Small Business Catalyst Fund.
