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Microgrant for Technology or Equipment

Application Closed

The Microgrant for Technology or Equipment funding opportunity for 2023 closed on 5/31. Decisions will be communicated in July. In the meantime, you are welcome to apply for our ABLE loan fund or CREO funding opportunities. Future funding cycles will be communicated through our newsletter.

The goal of the Microgrant for Technology or Equipment is to provide funding for historically underserved, minority-led nonprofits and small businesses to purchase hardware, software, and machinery assets to grow their business.
What can I apply for?
  • Grants up to $20,000
  • These funds can be used to buy either technology or equipment/machinery
    • Technology refers to: hardware like computers, printers, routers, etc. and software like Microsoft Office, QuickBooks, Square, Shopify, and other computer programs.
    • Equipment and machinery refers to fixed assets used in your business, such as furniture, tools, and machines. See a list of our 2022 grantees for examples.
Am I eligible?
To apply, your business or nonprofit must be:

  • Owned or led by a person who is: Black, Latino, LGBTQ+, veteran, and/or disabled
  • In operation for at least 2 years 
  • Make less than $1M in annual revenue or budget 
  • Based in and serving Miami-Dade County
What do I need to apply?
  • Complete an application to describe your organization and explain how this purchase would help your company.
  • Strong applications include a specific vendor estimate with pricing.
  • For nonprofits and small businesses, must share copy of latest financial statement or annual operating budget.
  • For small businesses, required documentation also includes:
What is the timeline?
  • Applications are due by the end of the day May 31st, 2023
  • Decisions will be shared in July 2023
What if I need help with my application?
How will decisions be made?
  • Approximately 40-70 businesses will be selected each year. In the first round, only 20% of applications were funded. 
  • After the deadline, we review all applications using the criteria below. Applications that score the highest will be funded. 
    • Owner(s) represent multiple aspects of historical disadvantage
    • Company has specific, concrete plans to use funding to transform trajectory
    • Company provides good or service that benefits the community
    • Company has strong organizational and financial capacity
    • Company is an employer firm that offers quality jobs
    • Located in underserved neighborhood


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