NASE on Micro-Business

Now Accepting Grant Applications!

Posted on: February 2, 2009

Not a moment too soon, the NASE is now accepting applications for the 2009 Business Development Grant program.

In 2008 alone, the NASE awarded $85,000 to members to help them grow their businesses. That means that since the grant program started in 2006, we’ve given away over $350,000!

The program started as a way to show that micro-businesses can do a lot with a small amount of capital. Just enough to buy new computers or run a newspaper adverising campaign, or hire some seasonal part-time help.

When we announced the program, we didn’t know what kind of applications we’d get, or what members would want to use $5,000 on. We weren’t disappointed. We’ve had toy distributers, farmers, general contractors, elder care providers, dog groomers, lawyers, retail store owners, plumbers, and every job, service and industry in between apply for a grant.

And this year, we are now able to accept applications online.

Missy Axton Wynn, an NASE Business Development Grant recipient

Missy Axton Wynn, an NASE Business Development Grant recipient

This will help members applying because after submitting the online application and faxing or mailing in the supporting documents, applicants can check their status online, 24-hours-a-day. They’ll be able to know if their materials were recieved, if they forgot to include anything, and where they are in the review process.

From the staff perspective, I hope the online form will mean a quicker turn-around on applications. It will definately mean a more organized process, and that can only benefit our members.

The online application is now active, and applications can be submitted from now through November 30th. Applications are reviewed on a monthly basis, so don’t wait until November to apply. After submitting the online form, you’ll be asked to fax or mail in some supporting documents including a resume, business plan, and verification of current business status. Once we recieve those forms, it’ll take about 60 days for your application to be processed.

So what are you waiting for? Apply today!

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