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The Small Business Bureau (SBB) has announced the return of The Green Business Technology Fund.
The primary objective of the Green Business Technology Fund is to assist local small businesses in creating and developing innovative solutions for environmental challenges through process improvement and innovation.
Moreover, 12 lucky entrepreneurs will benefit from $1 million in funding each for their innovative ideas. Persons desirous of receiving funding for their idea must submit a detailed business proposal that includes equipment needs, costs, utilization of software, and quotations. Financial statements along with cash flow projections are also required.
Businesses must be registered clients of the Small Business Bureau in order to be eligible to apply for the fund. Government employees and previous winners are ineligible and cannot participate.
The deadline for the submission of proposals is July 19, 2024.