Applications for the 2022 Restaurant Fund are now closed. The winners will be announced Late Summer 2022.
The 2022 AAPISTRONG Restaurant Fund
The National Asian/Pacific Islander American Chamber of Commerce & Entrepreneurship (National ACE) is proud to present the 2022 AAPISTRONG Restaurant Fund. With support from Grubhub, this fund serves to support AANHPI restaurant owners. With the industry facing unprecedented challenges since the pandemic began over two years ago, the AAPISTRONG Restaurant Fund is available to help restaurants respond to supply chain disruptions, increased inventory costs, workforce development, and discrimination.
Eligible restaurants across the country will be able to apply for a $25,000 grant, and over 70 restaurants will be awarded in September 2022. Three finalists will be awarded $100,000, $75,000, and $50,000 live at the National ACE Annual Conference in Washington, D.C. September 19-21, 2022.
Missed our live Q&A? You can watch the recording below!
Timeline
Applications Open: June 1 - 22, 2022
Application Review: Late June - August 2022
Notification of Results: Late August/Early September 2022
*Dates are subject to change.
You can preview the application here. Please note that applications will only be accepted through the application portal once it opens on June 1.
Eligibility Requirements
The restaurant must be Asian American/Pacific Islander/Native Hawaiian majority-owned (at least 51%);
Must be based in the United States;
Must be currently operational;
Must show proof of their primary licensed activity as “the preparation and serving of food”;
Operates in a maximum of three locations (cannot be a franchise).
Frequently Asked Questions
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The application closes at 11:59PM on June 22, 2022.
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To qualify for grant assistance, AAPI-owned restaurants must satisfy all of the following requirements:
The restaurant must be Asian American/Pacific Islander/Native Hawaiian majority-owned (at least 51%);
Must be based in the United States;
Must be currently operational;
Must show proof of their primary licensed activity as “the preparation and serving of food”;
Must operate in a maximum of three locations (cannot be a franchise).
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No, you do not need to be a U.S. citizen to apply.
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Yes, a Submittable account is required to apply, and free to make.
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Grant recipients will be announced in September and will be contacted for next steps shortly after.
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If you are chosen as a grant recipient, please be prepared to share your testimony on how the funding helped your business.
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Over 70 restaurants will be awarded $25,000 and 3 finalists will be awarded $100,000, $75,000, and $50,000.
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After applications are screened for completeness and eligibility, they will be reviewed by an independent advisory board.
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Due to the high volume of grant proposals we receive, we may not be able to respond to individual requests for updates. However, you can check at any time on the status of your application via Submittable.
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We will notify all applicants about the status of their submission in September via the email provided in your application. Be sure to check your email regularly, including your junk folders. Email updates to all applicants will come from Submittable. If someone assisted you in the physical completion of the application form, please be sure to include their email address when asked. This will ensure they are able to receive a copy of the status email as well. .
Grant recipients will receive next steps from info@nationalace.org. Failure to reply promptly to next steps may result in disqualification from the grant program.
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No, grant funds do not need to be repaid. However, all taxes associated with the acceptance and/or uses of cash awarded are the sole responsibility of the individual grantee. Cash awarded will be reported by National ACE Foundation to the IRS as National ACE Foundation deems necessary according to applicable law. It is further the policy of National ACE Foundation that all grantees be advised to consult with their own tax professionals and/or legal counsel to ascertain the tax impact of the cash awards.
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For grant-related questions, please contact info@nationalace.org.
For technical assistance, please view the Submitter Resource Center or contact Submittable Customer Support.