This program is designed for businesses like yours to thrive. It offers grants that can significantly boost your operations and growth. These grants are not loans, so you don't have to worry about repayment, making it a risk-free financial support option.

Why Apply?

• Financial Support: Receive funding to cover various business needs without the burden of repayment.
• Flexibility: Use the funds for operating expenses, new equipment, software, or other essential purchases.
• Community Impact: Enhance your business's role in the community by participating in programs that support local arts and culture.

What's in it for You?

• Up to $1,000,000 in financing, with an additional $150,000 for software or day-to-day operating costs.
• Government-Backed: This grant is backed by the government, ensuring reliability and support.
• Easy Qualification: The application process is straightforward, and your business already meets the criteria.

Being approved for this grant can provide the financial boost you need to expand, innovate, and strengthen your business's presence in the community.

Type of Financing: Grant

Eligible Expenses:

• Artist fees
• Project materials and supplies
• Equipment rental
• Travel costs directly related to the project
• Marketing and promotion expenses
• Venue rental

Ineligible Expenses:

• Capital purchases (e.g., buying equipment or real estate)
• Ongoing operational costs (e.g., utilities, rent, salaries not related to the project)
• Debt repayment
• Expenses incurred before the grant approval

Fees:

• No application fees
• No administration fees

This program offers your business a great opportunity to receive funding. You can get up to $1,000,000 to help grow and improve your operations.

Here's how you can use the money:

• Up to $500,000 can be used for buying equipment or upgrading your rented space. This includes things like:

  • Commercial kitchen appliances
  • Manufacturing machinery
  • Computers and IT infrastructure
  • Renovating a retail space

• Up to $150,000 can be used for other costs, like software or keeping your business running smoothly.

The program provides a significant security net by having the federal government guarantee 85% of the loan.

Flexible repayment options are available. You can choose between a changing interest rate, a steady one, or a mix of both. You can also apply significant purchases made in the last 365 days to this loan.

You have up to 15 years to pay back the loan, no matter what you spend it on. This program is designed to support your business's growth and stability.