Moms as Entrepreneurs Fund is intended to help fund those businesses who have been denied government loans or other assistance during the COVID-19 pandemic. The program grants range from $500-$1,000 and will be awarded to Mom-owned businesses in all industries.
To qualify for grant money, businesses must:
- Be solely owned by a mother
- Have not received any other funding relating to Covid-19 relief
- Have had business sales decline by 40 percent or more due to the pandemic commit to supporting another mom-owned business with 10% of their grant funding. This support can be in the form of purchasing supplies or services from another mom-owned business or donating this portion back to the Fund.