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You are here: Home / Grant / US: Keep it Local Business Fund for Small Businesses

US: Keep it Local Business Fund for Small Businesses

Deadline: 4 September 2023

The Nextdoor Kind Foundation partnered with the NAACP and Hello Alice to offer $5,000 microgrants to entrepreneurs of color across the United States through the Keep it Local Business Fund.

What is expected of you?

  • Use of your story in select marketing and promotional materials
  • Reporting out on your success after three months, six months, and in one year
  • Participation in at least one virtual or in-person event hosted by the Nextdoor Kind Foundation.

What will you get?

  • One-time $5,000 grant to support your small business
  • Public recognition for your contributions to your community
  • Participation in 1-2 events with your fellow winners to share your successes and lessons learned
  • Ad credits to promote your local business on the Nextdoor Platform
  • Access to trainings on how to thrive as a small business, including Nextdoor’s Recession Playbook.

Eligibility Criteria

  • To be eligible to enter a business in the Program, you (“Officer”) must be all of the following as of the first day of the Program Period (defined below):
    • Be majority (51%) owned and/or operated by a person of color(s);
    • A legal resident of one of the fifty United States and the District of Columbia; excluding US Territories;
    • Eighteen (18) years of age or older (19 in AL and NE).
  • To be eligible to participate in the program, the business (“Entrant”) must meet all of the following criteria as of the first day of the Program Period:
    • Be a for-profit business;
    • Have less than $1M in 2021 gross annual revenue;
    • Have between 1 – 25 employees (including part-time and contract staff);
    • Have a commitment to community; AND
    • Have a clear plan for how the funds would help achieve a business goal.

Criteria for Selection

Entries will be reviewed by Sponsors and/or their designated agencies (“Panel”) based on the following criteria (“Grant Recipient Review Criteria”):

  • Clarity and feasibility of plan for funds (30%);
  • Clarity and feasibility of plan for growth (30%);
  • Demonstrated commitment of entrant to their community (40%).

For more information, visit Nextdoor Kind Foundation.

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