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In color: the TRANSFORM business grant

Designed to support entrepreneurs in systemically marginalized groups,
The TRANSFORM Business Grant provides a $1,000 microgrant and a customized, year-long business strategy and development program to each grantee.

About Our Grant

TRANSFORM is actively anticapitalist and antiracist, continually working to identify and dismantle oppressive systems of power. Funding shouldn’t be the reason you sacrifice your business idea or your professional development.

We offer growth-focused wealth redistribution grants of $1,000 to anticapitalist businesses led by social impact focused individuals. In addition to funding, grantees particpate in a customized year-long growth-based mentorship program, which includes access to pro bono services from a roster of experts in branding, coaching, skill-based learning, marketing, and more.

The TRANSFORM Business Grant is designed to support individuals in systemically marginalized groups who are making social impact and demonstrate financial need. This includes, but is not limited to, BIPOC individuals, individuals who have a disability, formerly incarcerated individuals, and queer, trans, and nonbinary folks.

 

Eligibility

The TRANSFORM Business Grant is currently only open to applicants in the United States, regardless of citizenship or immigration status. Individuals and teams/groups located in the United States, regardless of immigration status, are welcome to apply.

Preference is giving to individuals who demonstrate financial need, which we define as not being able to get the things you need with the resources that you have. We understand that financial need is going to look different for everyone.

This grant does not fund political organizations or activities, religious organizations for religious purposes, or student loans or other debt payments.

Please note: Recipients of The TRANSFORM Business Grant will receive a 1099-MISC for the grant.

 

Criteria

The following are the core non-negotiables that must be met in each application to move forward in the review process. Applications that do not meet all four of these qualifications will not be considered.

        • You identify as part of at least one systemically marginalized group.
        • Your idea/business is aligned with TRANSFORM’s values, including antiracism and anticapitalism, and these values show up in how you run your business.
        • Your idea/business is social impact oriented and challenges systems of oppression/addresses social injustices.
        • You are in financial need.

Applications

You have two opportunities to apply for The TRANSFORM Business Grant in 2024. Applications will be open March 15th-31st for review in April/May and September 15th-30th for review in October/November. Applications cannot be accepted outside of these times.

The application can be completed here and will be open March 15th-31st.

As you complete your application for the grant, if there are terms or concepts in our application which are new to you, we encourage you to web search to self-educate on these ideas and how they do or can apply to your business.

 

Still have questions? Check out our FAQ pageĀ and our application tips.