Deadline: 14-Feb-23
Innovators & Entrepreneurs Foundation is now accepting applications for the 2022/23 Micro-grants Program.
Innovators & Entrepreneurs Foundation (“the charity”) is a national charity dedicated to advocating for, supporting, and celebrating founders and innovators who belong to racialized and/or equity-deserving communities across Canada, as they navigate the unfair barriers of institutional, structural, and interpersonal biases. The charity offers Micro-grants to support Canadian entrepreneurs and small business owners belonging to equity-deserving and/or racialized groups as they recover from the various global and regional business disruptions and impacts of recent years.
Categories
They are thrilled to announce that they will be providing a total of $30,000 in cash grants and $11,000 in Meta advertising credits to deserving businesses. They have four micro-grant categories, and a total of six micro-grants worth $5000 cash each.
- The Climate-Related Product Innovation Micro-grant, sponsored by UPS: a $5000 cash grant to be awarded to a business demonstrating innovation to address urgent climate-related issues.
- The Global Impact Micro-grant, sponsored by UPS: a $5000 cash grant to be awarded to a business who has demonstrated international scale.
- 3 x Woman Identifying Business Owner Micro-grant, sponsored by TD #TDWomenInEnterprise: three micro-grants of $5000 cash each ($15,000 total) to be awarded to women identifying business owners seeking access to a business grant to scale their business.
- The Digital Innovator Micro-grant, sponsored by Meta: a $5000 cash grant plus $5000 in Meta advertising credits to be awarded to a business who moved their operations online as a result of the global COVID-19 pandemic. Meta is also providing Meta advertising credits worth $2000 to three additional businesses who apply for (but do not win) the Digital Innovator Micro-grant.
Eligibility Criteria
- Applicants/nominees must:
- Be alive and be a Canadian citizen or permanent resident.
- Be at least one of the following for the business the application is based on: founder, owner, co-founder, co-owner, person who owns or co-owns the entity or trademark for brand, product name, or service.
- Be active in the business and a key decision-maker/senior leader.
- Business has been registered with the Canada Revenue Agency.
- The applicant is a member of (a) equity-deserving or/and racialized community(ies) *.
- The business and/or the owner/co-owner or founder/co-founder meet the additional categorical requirements that are specified in the grant being applied for.
- *Note: They align their definition of racialized and/or equity-deserving groups with definitions used by United Nations, and that used by the National Collaborating Centre for Determinants of Health: defined as members from groups and communities that experience social, cultural, political, educational, and economic discrimination and exclusion because of unequal power relationships across economic, political, educational, social, and cultural dimensions.
- An applicant/nominee cannot receive more than one 2022/23 micro-grant per year.
- Applicants can apply for more than one micro-grant category provided they meet the category qualifications. You must submit a new portal application for each application; one (1) per category.
- Applications/nominations can be submitted by individuals or organizations, by a third party or by a nominating partner. The application must be completed in full, and the person named as the applicant must be informed of the terms and conditions of the application.
For more information, visit Innovators & Entrepreneurs Foundation.