June 3rd 2024.
Attention all aspiring Black entrepreneurs! This is your chance to secure a grant of $200,000 through the QuickBooks Grant Program. That's right, QuickBooks, one of the many brands under the prominent financial technology platform Intuit Inc., is offering 20 small business owners across the country a generous sum of $10,000 each, along with mentorship and valuable resources.
This initiative is just one of the many exciting activities happening during Intuit's Small Business Success Month. The program aims to support and recognize small businesses by providing them with the necessary funding, tools, and resources to fuel their growth. We all know that raising capital can be a major obstacle for small businesses, especially those owned by Black entrepreneurs.
According to a recent report, almost a quarter of U.S. consumers plan to start a new business this year. It seems that starting a small business is now considered a better option for building personal wealth than buying a home, particularly among younger generations. However, despite this growing trend, small businesses, both new and established, still face challenges such as limited credit availability due to economic factors like high interest rates and inflation.
Emma Rodgers, the senior vice president of marketing and revenue at Intuit QuickBooks, believes that helping small businesses thrive is crucial for our communities and the economy. She acknowledges that access to capital continues to be a major hurdle for many entrepreneurs. That's why QuickBooks is dedicated to supporting all small businesses by providing them with the necessary tools and resources to grow and succeed.
If you're interested in applying for the grant, the application process is now open and will run until June 30th. To be considered, all you have to do is submit a brief essay explaining how the grant will help you overcome business challenges or achieve your dream for your business. You can find more information about the eligibility requirements and judging criteria on our website.
In related news, Black small business owners can also apply for $50,000 grants to purchase a commercial vehicle. This is just another opportunity for us to support and empower Black entrepreneurs in their journey towards success. So don't miss out on this chance to make your business dreams a reality and contribute to the prosperity of the small business community. Apply now and let QuickBooks be a part of your journey to success!
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