Rural Digital Access Funding in West Virginia Communities
GrantID: 57738
Grant Funding Amount Low: $1,000
Deadline: Ongoing
Grant Amount High: $1,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Black, Indigenous, People of Color grants, Business & Commerce grants, Disabilities grants, Financial Assistance grants, Individual grants, Law, Justice, Juvenile Justice & Legal Services grants.
Grant Overview
Priority Outcomes for West Virginia Entrepreneurs in Systemically Oppressed Groups
West Virginia has a unique opportunity to support entrepreneurs from systemically oppressed groups through the Business Grants to Support Entrepreneurs in Systemically Oppressed Groups program. The West Virginia Development Office, in partnership with the West Virginia Small Business Development Center, is well-positioned to administer these grants and drive economic growth in the state. A key priority outcome for this grant program is to increase the number of small businesses owned by individuals from underrepresented groups, such as BIPOC individuals, individuals with disabilities, and formerly incarcerated individuals.
Measuring Success: Target Outcomes for West Virginia
To measure the success of this grant program, the West Virginia Development Office will track several target outcomes, including the number of businesses launched or expanded, the number of jobs created or retained, and the total amount of follow-on funding secured by grant recipients. Additionally, the office will monitor the demographic characteristics of grant recipients to ensure that the program is reaching the intended populations. For example, the office may track the number of grants awarded to businesses in rural areas, such as those in the Appalachian region, where access to capital is often limited.
The West Virginia Humanity Council has seen firsthand the impact that targeted grant programs can have on local communities. By providing funding and support to entrepreneurs from systemically oppressed groups, this grant program can help to address some of the historical inequities that have limited economic opportunities in the state. Furthermore, by focusing on industries such as beekeeping and outdoor recreation, the program can help to promote West Virginia's unique natural resources and cultural heritage. Grant recipients will have access to resources and support from the West Virginia Small Business Development Center, which provides free business consulting and low-cost training to entrepreneurs across the state.
In terms of specific metrics, the West Virginia Development Office aims to achieve the following outcomes:
- Increase the number of small businesses owned by underrepresented groups by 20% within the next two years
- Create or retain at least 50 jobs in the first year after grant awards are made
- Secure at least $500,000 in follow-on funding for grant recipients within the next three years
To achieve these outcomes, the office will work closely with community partners and stakeholders across the state, including the West Virginia Beekeepers Association and the West Virginia Outdoor Recreation Alliance. By leveraging these partnerships and focusing on the unique needs and opportunities of West Virginia, the Business Grants to Support Entrepreneurs in Systemically Oppressed Groups program can drive meaningful economic growth and promote greater equity in the state's business community.
Applicants for these grants can expect a rigorous but supportive application and review process. The West Virginia Development Office is committed to providing clear guidance and technical assistance to applicants, particularly those from underrepresented groups who may be new to the grant application process. By prioritizing outcomes such as business growth, job creation, and follow-on funding, the office can ensure that grant dollars are being used effectively to drive economic growth and promote greater equity in West Virginia.
Q: What types of businesses are eligible for these grants in West Virginia? A: Businesses owned by individuals from systemically oppressed groups, including BIPOC individuals, individuals with disabilities, and formerly incarcerated individuals, are eligible to apply.
Q: How will grant recipients be selected in West Virginia? A: Grant recipients will be selected based on a competitive review process, with a focus on factors such as business viability, innovation, and potential for job creation.
Q: What kind of support will grant recipients receive in West Virginia? A: Grant recipients will have access to resources and support from the West Virginia Small Business Development Center, including free business consulting and low-cost training.
Eligible Regions
Interests
Eligible Requirements
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