Additional Funding

 

We will first apply for a small business grant through the U.S. SBA (Small Business Administration) under the U.S. Department of Education’s Small Business Innovation Research (SBIR) program. This program provides up to $1,050,000 in funding small businesses. We will also apply for funding using Kentucky Small Business Credit Initiative, to help finance additional resources used for the company. This company helps generate jobs and increase the availability of credit to small business owners. Lastly, we will apply for a loan, KEDFA (Kentucky Economic Development Finance Authority) Small Business Loan Program. This program can provide a loan with a minimum of $15,000 and a maximum $100,000. If we qualify for all our loans and grants we will be able to begin our company and reach our goals to help create revenue and be able to pay back our expenses.