Program to Empower Innovative/Diverse Early-Stage Startups in Oklahoma (USA)
GrantID: 72428
Grant Funding Amount Low: $25,000
Deadline: Ongoing
Grant Amount High: $25,000
Summary
This funding opportunity offers one-year awards to support early-stage ventures and community enterprises based in a designated Midwestern region. Eligible applicants include small businesses, startups, and individual entrepreneurs—particularly those from under-resourced communities—who are committed to driving local economic growth and innovation. While nonprofit organizations may partner on joint applications, priority is given to ventures with clear scalability and revenue-generating potential.
Awarded funds are intended to cover costs such as product development, market research, operational expenses, and professional services (legal, accounting, or technical assistance). Grants may also underwrite participation in intensive training programs, mentorship initiatives, and workspace access that accelerate business validation. Successful recipients receive both capital and in-kind support designed to strengthen organizational capacity and prepare ventures for follow-on investment.
Funding amounts are standardized at a fixed level per award, with an emphasis on non-dilutive support—meaning recipients retain full ownership of their ventures. Grants are disbursed once annually, following a competitive review process that evaluates business models, leadership team experience, and projected community impact. Typical application deadlines fall in late spring, with notifications issued by early summer and program activities launching shortly thereafter. Projects must demonstrate how grant resources will lead to measurable milestones—such as prototype completion, customer acquisition, or revenue generation—within a defined six-month period. This structure ensures rapid deployment and visible outcomes, aligning with the goal of fostering sustainable, wealth-building enterprises in the community.
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Organizations and individuals based in Oklahoma who are engaged in Small Business may be eligible to apply for this funding opportunity. To discover more grants that align with your mission and objectives, visit The Grant Portal and explore listings using the Search Grant tool.
Eligible Regions
Interests
Eligible Requirements
