Micro-grants for growth & innovation
The Hannah Grimes Center for Entrepreneurship has created The Pandemic Pivot Fund™ to give micro-grants of up to $2,000 to small businesses to blunt the risk of developing new opportunities for innovation and growth in a tumultuous economy. Privately-owned companies in Cheshire County with less than $1 million in annual revenues were eligible.
We believe that creative entrepreneurs offer our region its best chance to move successfully into a greatly-changed economy. We also know that making an investment or taking a risk may be particularly challenging for small businesses right now. We’d like to see great ideas flowing once again and hope these funds will help entrepreneurs fund those ideas. Collectively, the fund will offer our community the opportunity to begin rebuilding the local economy one good idea at a time.
The fund will cover costs for things like new equipment, new or upgraded web sites, marketing, new space, expenses related to inventory and packaging for new product lines, or significant expansion of existing product lines. It will not provide funding for things like existing rent, ongoing operational costs, or current payroll.
Thirty-one eligible businesses applied and 10 were selected to receive $1,122 each by a committee of community members. The winners include:
It’s not too late to donate to the fund! All funds received before July 31 will be equally distributed to the ten businesses.