Power Up Spartanburg Impact Grant Program

Power Up Spartanburg Impact Grants are designed to help small and minority business owners in Spartanburg County, South Carolina grow or expand their businesses. Power Up Spartanburg Impact Grants are a one-time payment granted to eligible applicants with 50 or fewer full-time equivalent employees. Power Up Spartanburg Impact Grants of up to $5,000 will be made to eligible business applicants whose 2021 or 2022 gross revenue was between $25,000-$150,000, and up to $10,000 grants for eligible business applicants whose 2021 or 2022 gross revenue was between $150,001-$3,000,000. A total of $665,000 will be available for Power Up Spartanburg Impact Grants, 30% of which is reserved for businesses of color.

Grant Deadline

2024-07-08

Funding Amount

Deadline not available

Type of Grant

Grant

Sectors

All Sectors

Demographics

Visible minority

Incorporation

Non Profit

Perks

Region Restriction

This grant is restricted to whole of United States This grant is restricted to whole of United States

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

  1. Be the principal (majority owner) of a small business in Spartanburg County, South Carolina.
  2. Own a small business in the following zip codes: 29301, 29302, 29303, 29304, 29305, 29306, 29307, 29316, 29319, 29320, 29322, 29323, 29324, 29329, 29330, 29331, 29333, 29334, 29335, 29336, 29338, 29346, 29349, 29348, 29356, 29365, 29368, 29369, 29372, 29373, 29374, 29375, 29376, 29377, 29378, 29385, 29386, 29388, 29650, 29651. 
  3. Have been in operation prior to January 1, 2021.
  4. Be in operation at the time of application (businesses that have ceased operations are ineligible).
  5. Have 50 or fewer full-time equivalent (FTE) employees.
  6. Have had between $25,000 and $3 million in annual revenue in fiscal years 2021 or 2022.
  7. Have an immediate need that will impact the business’s ability to grow or expand.
  8. Have experienced economic or financial hardship due to the COVID-19 pandemic or other economic factors.
  9. Agree to participate in technical assistance offered by a OneSpartanburg Inc. partner.
  10. Not be an ineligible business: Ineligible businesses include nonprofits, a business engaged in illegal activities, a third-party delivery or ridesharing service (unless entity is incorporated and has all other documentation required for this program), weapon sales, alcohol/tobacco/vape retail sales (except bars, restaurants, brewpubs, food trucks, caterers, grocery stores, and mini marts), consumer and marketing cooperatives, dealers of rare coins and stamps, multi-sales distribution, corporately-owned franchises, pyramid schemes or multi-level marketing schemes, loan packaging/lending, gambling, real estate investment firms, and illicit adult entertainment.
  11. Not be in conflict of interest with OneSpartanburg Inc, Spartanburg County, the County Legislature, a local municipality, or the third-party administrator (NDC).


Grant Application website

https://ndc.smapply.io/prog/power_up_spartanburg_impact_grant_program/

Contact

For more information, please visit the website.