Our Grant
About the Grant
Shannon Passero will award a grant of $10,000 to the recipient of the 2018 Women’s Business Grant Program. Your business must meet the following requirements:
- The business must have a woman in a significant leadership role.
- Innovative product(s) that foster environmental and economic health in the global community. (This business grant is NOT meant for consulting services, medical practices, and personal services. We favor product-based enterprises.)
- Company must be based in Ontario (preference will be given to businesses operating in Niagara or supplying product to Niagara).
Applicants that have been in business at least 3 years will be considered based on the strength of their business plan. Specifically, we are interested in how the Shannon Passero grant money will enhance the growth of your business and how your financial documents reflect the current health and future potential of the business. (Note: in the initial application we only request info about gross and net sales. If your business is selected as a semifinalist, we require the previous 3 years P&L and Balance Sheets plus Cash Flow Projections for the next 3 years. If you cannot provide this, please consider waiting until the next grant cycle to apply.)
For profit businesses or non-profit hybrids (social enterprises) are eligible for this grant. (Not for profits may contact us directly at info@shannonpassero.com for information on sponsorships.)
Deadline for submission is October 14, 2018 at 11:59pm Eastern Time. Semi-finalists will be contacted directly for additional information after October 28, 2018. Winners will be announced Dec 1, 2018.
Unfortunately, if you don’t hear from us by October 30th, your application was not selected in the grant cycle. Due to the volume of applications expected, we cannot notify people individually or provide direct feedback on individual applications. Feel free to reapply next year if you feel your business is a strong candidate for this grant.
Please note: No organization or agency may charge for this application. Please report any unauthorized solicitations info@shannonpassero.com.