Office Depot Small Business Cash Grant

By October 19, 2021 No Comments

Los Angeles Urban League presents a grant opportunity, sponsored and funded by Office Depot. Total Grant Amount is $30,000. Six (6) $5,000 individual grants will be awarded to target demographic of Micro or Small Businesses with majority owner being at least 51% Black or 51% Hispanic Owned within the Los Angeles regions.

Small Business Eligibility Requirements for Cash Grants:

  • Business Certifications: Licensed (if applicable), Registered with the IRS. If applicable, also registered with the Secretary of State [LLCs, S-Corp, CCorp].
  • Targeting businesses in existence between 9 months and 3 years.
  • Targeting businesses with majority Black or Hispanic Ownership.
  • Targeting businesses with 1-5 employees.
  • You MUST be Coachable.
  • Must enroll in Office Depot Mentorship Program

Reporting Requirements for Small Businesses That Are Awarded Cash Grants:
This Grant must help the small business do the following:

  • Develop a business plan
  • Develop a marketing plan
  • Add a full-time employee
  • Increase revenue growth**
  • Improve 30-day free cash flow***

How to Apply:

Interested small businesses must take this business-readiness assessment and choose the L.A Urban League as the referral partner