Genesis For Good Catalyst Empowerment Grant Program

Grant Overview

$10,000 Small Business Support in Southern California

Donor: Genesis For Good Foundation (GFG)

About: The Genesis For Good Catalyst Empowerment Grant Program represents a groundbreaking initiative designed to empower small businesses and historically marginalized entrepreneurs across Southern California. With grants of up to $10,000 per recipient, this program specifically targets businesses in low-to-moderate-income communities, offering not just financial support but a comprehensive suite of resources to ensure sustainable growth and community impact.

The program stands out through its three-tiered support approach:
-Financial assistance through direct grants up to $10,000
-Access to Catalyst 360° membership powered by Genesis Bank Institute for Entrepreneurship
-Complimentary Genesis + Clover Bundle point-of-sale technology package with zero entry costs
-Business advisory services and educational resources
-Networking opportunities within a vibrant entrepreneurial community

What makes this grant particularly valuable is its focus on long-term business sustainability. Beyond the immediate financial support, recipients gain access to essential tools and resources that can help transform their business operations. The Clover point-of-sale system, offered at significantly discounted rates, enables businesses to modernize their payment processing while streamlining daily operations.

Need help with your application? Grantaura‘s expert team specializes in grant research, business plan development, and application submission services. We can help evaluate your eligibility, prepare compelling documentation, and maximize your chances of securing this valuable funding opportunity.

Focus: Small business support, entrepreneurship development, economic empowerment, minority-owned businesses, community development, business infrastructure improvement, job creation, business scaling, payment technology advancement, business education

Region: Orange County, Los Angeles County, Riverside County, San Bernardino County, California, United States

Eligibility:
-Annual gross revenue must not exceed $500,000
-Business must have operated continuously for 1+ year
-Maximum of 10 employees including owner(s)
-Must operate in HUD-defined low-to-moderate income area
-Must possess all required business licenses and registrations
-Must be registered and operating in eligible Southern California counties
-Must submit 3-minute video covering business background, vision, and grant usage
-Must be willing to provide impact reporting if selected

Benefits:
-Grant funding up to $10,000
-Free membership to Catalyst 360° program
-Complimentary Genesis + Clover Bundle POS system
-Zero entry costs for technology package
-Discounted subscription fees for business management tools
-Access to educational resources and business advisory services
-Networking opportunities
-Community impact support

Deadline: Open

Terms:
-HUD: Department of Housing and Urban Development – Federal agency that determines low-to-moderate income areas through specific economic and demographic criteria
-MDI: Minority Depository Institution – A federal designation for banks serving minority communities
-POS: Point of Sale – Business transaction system for processing payments and managing operations
-IRC 501(c)(3): Internal Revenue Code section defining tax-exempt nonprofit organizations
-Low-to-Moderate Income (LMI) Area: Geographic regions defined by HUD based on median family income levels