$5.3k for small businesses in select cities.
Here are the deets:
The Small Business Catalyst Fund offers grants to small businesses located throughout Fifth Third’s geographic footprint, with priority given to businesses located within the Neighborhood Program communities. 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.
Also, because it’s a grant, it doesn’t need to be repaid! Here's who qualifies for this program:
- 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; and South Chicago, Chicago, IL
- Annual business revenue must be under $2 million dollars in tax year 2022 and 2023
- Business must currently be open and in operation
- Business must have been in operation on or before January 1, 2023
- Apply by November 24, 2024
Here's the link. Good luck to those who qualify.