Shaylon Scott, Executive Director of Founders First CDC, has gained invaluable insights into the challenges faced by diverse-led businesses throughout her years of dedicated observation. She said “Through our grant programs, we are not just providing financial support; we are nurturing the dreams and aspirations of small business owners, and fueling their potential to create lasting change. These grants serve as a beacon of hope and a pathway to success, demonstrating our unwavering dedication to building a more inclusive economy.
This grant program, totaling $100,000, not only offers financial aid but also includes a scholarship to one of Founders First’s prestigious business growth accelerator programs. Its primary focus is on empowering businesses owned by diverse founders, with annual revenues ranging from $100,000 to $5 million, employing 2-20 individuals, and has the ability to add 1-2+ net new premium wage jobs in the next 12 months.
“We’re proud to support Founders First CDC in their commitment to providing expertise and grant funds to Southern California small business owners. Small businesses are the backbone of San Diego’s economy, making up 98 percent of firms and 61 percent of all jobs. It’s programs like these that ensure small and diverse firms can grow quality jobs and remain resilient in an unpredictable economy,” Eduardo Velasquez, Sr. Director of Research and Economic Development at San Diego Regional EDC.
Applications for the Southern California Job Creators Quest grant are open from October 17, 2023, to November 13, 2023.
To apply for the grant program, visit: https://ff-cdc.org/3FcfFGA
About Founders First CDC
Founders First CDC is a not-for-profit 501(c)3 that was founded in 2015 and has received significant support from regional community reinvestment banks to empower diverse founder-led, revenue-generating small businesses through three primary programs: (1) Founders Challenge; (2) Founders Bootcamp; and (3) Founders FastPath. By building recurring revenues, tech-enablement, and essential solution focus, Founders First serves as a catalyst for positive change to entrepreneurs of color and female founders to become leading employers in their communities. www.foundersfirstcdc.org
Media Contact
Janine Drake, Founders First CDC, 1 (858) 266-9271, [email protected], https://foundersfirstcdc.org/
SOURCE Founders First CDC
