ROSES 2024: F.20 Mentorship and Opportunities in STEM with Academic Institutions for Community Success (MOSAICS) Seed Funding
Highlights
This program offers a unique chance for your business to access seed funding for mentorship and opportunities in STEM. You can utilize this funding to engage in research, develop innovative projects, and foster community connections. There are no strict income or employee requirements, making it accessible for businesses of all sizes. Plus, you can submit proposals anytime, allowing for flexibility to fit your schedule and needs.
By applying for this program, you are opening your doors to vital resources that can bolster your growth. The financial support can cover numerous expenses, such as hiring experts or purchasing necessary materials, without the burden of immediate repayment. This means you can focus on elevating your business and impacting your community through meaningful projects that contribute to important STEM initiatives. Don’t miss this opportunity to innovate and excel in your field.
Financing Details
Type of Financing
The financing offered through this program primarily consists of grants. This means you won't have to pay back the funds as long as you meet the specified requirements.
Repayment Terms and Interest Rates
Since this is a grant, there are no repayment terms or interest rates. You can use the funds without the worry of future repayment.
Eligible Expenses
You can use the funds for a variety of eligible expenses, including:
- Research and development costs
- Equipment and supplies needed for your project
- Personnel costs associated with your project
Ineligible Expenses
However, please note that funds cannot be used for:
- General operating expenses
- Marketing and advertising expenses
- Any costs not directly related to your proposal
Fees
There are generally no fees associated with applying for or receiving these funds. Always check specific program details to be sure there are no exceptions.
Qualifications
Qualifications:
- No minimum or maximum number of employees required.
- No minimum or maximum company revenue qualifications.
- All legal structures (e.g., LLC, corporation) are applicable.
- All profit structures (e.g., for-profit and not-for-profit) are applicable.
- Available for businesses across the United States, in all sectors.
Disqualifications:
- None specified in the provided context.
Description
This program provides seed funding for mentorship and opportunities in STEM (Science, Technology, Engineering, and Mathematics) from academic institutions. You can use this funding to develop your business, engage in research, or foster community success. The flexibility of the program allows you to submit proposals at any time, accommodating your needs and schedule.
With this funding, you can access vital resources that could help you innovate and grow your business. The financial support can cover various expenses, including project costs, hiring experts, or purchasing necessary materials. The absence of strict income or employee requirements means that businesses of all sizes can benefit from this opportunity.
Most importantly, this program offers a chance to invest in your future without immediate payback concerns. This means you can focus on creating meaningful projects and partnerships that can elevate your business and community. Don’t miss the chance to enhance your operations and contribute to important STEM initiatives.
Program Steps
Gather Documentation: Prepare the necessary documents to support your application. You'll need:
- A business plan detailing your project or research ideas.
- Evidence of your business structure (e.g., articles of incorporation, LLC registration).
- Financial statements or projections, if available.
- Documentation of any previous funding or grants received.
- Letters of support or collaboration agreements, if applicable.
Draft Your Proposal: Create a detailed proposal outlining how you plan to utilize the funding. Highlight your goals, expected outcomes, and how the project contributes to STEM initiatives.
Review Application Guidelines: Carefully read through the application guidelines provided on the program website to ensure you meet all requirements.
Submit Your Application: Complete the application form along with your proposal and documentation. Double-check for any specific submission methods outlined in the program details.
Follow Up: After submitting your application, keep track of any communication from the program administrators. Be ready to provide additional information if requested.