Verizon Small Business Digital Ready Cohort & Grants
Coaching, courses, and 10k grants available for Asian American and Pacific Islander entrepreneurs. Applications open August 30, 2022
Verizon Small Business Digital Ready Cohort
This program from National ACE is in partnership supported by Verizon Small Business Digital Ready, and designed to help you market and brand your business with funding and mentorship. Apply to be in a cohort of ten AAPI small business owners like you, who will participate in a free course (on-demand, take it on your time!) then meet together for a cohort of ideas and mentorship. After the cohort meets, grants will be disbursed for all 10 AAPI entrepreneurs. Whether selected for the cohort or not, all small businesses who register for Verizon Small Business Digital Ready receive a personalized learning plan that includes FREE courses, expert coaching and mentorship and networking opportunities.
Step Two
Save your welcome email for the program, you’ll need to attach it to your application!
Step Three
Explore the courses, if you’re selected for the cohort, you’ll be meeting to discuss a marketing course together.
Eligibility
Sign up for Verizon’s Small Business Digital Ready
Business must be at least 51% AAPI-owned
Business must currently be in operation
Business must be located in the United States (50 states + DC + Puerto Rico)
Agree to participate in a focus group and cohort for Small Business Digital Ready
Agree to have your image and quotes used for marketing the Verizon Small Business Digital Ready program
Timeline
Application Period: 8/30-9/13
Reviews: 8/30-9/30
Winners will be notified Early October
Focus Group will meet in October
Payments: November 15, 2022
Frequently Asked Questions
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The application closes at 11:59 PM EST/8:59 PM PST on September 13, 2022.
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Business owners must sign up for Verizon Small Business Digital Ready Program and whose businesses are at least 51% AAPI owned, based in the United States, currently in operation, and must agree to participate in a focus group and cohort for Small Business Digital Ready through National ACE
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No, you do not need to be a U.S. citizen to apply. Your business must legally operate in the United States.
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Yes, a Submittable account is required to apply, and free to make.
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Cohort participants will be announced in October and will be contacted for next steps shortly after. Grants will be paid at the conclusion of the cohort in November 2022.
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If you are chosen as a cohort member, please be prepared to share your testimony on how the funding helped your business.
You must also participate in a cohort of the ten other winners for mentorship, participate in one training, and one focus group conversation.
You agree to have your name and image used in promotional materials for Verizon Small Business Digital Ready
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10
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Each cohort member will receive $10,000.
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After applications are screened for completeness and eligibility, they will be reviewed by an impartial advisory board.
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A Certificate of Good Standing simply indicates that the entity has filed all reports and paid the necessary fees with the Secretary of State's office. It serves as proof, or evidence, that the entity exists and is authorized to transact business in the state.
You can get a certificate of good standing from the business filing agency in your state. In many cases, this is your secretary of state office (or one of its subdivisions). However in some cases, you'll need to find the equivalent agency that's responsible for filing entities and maintaining state records. If you are having trouble finding it, certificates of good standing are sometimes also known as certificates of status, certificates of existence, or certificates of compliance. It may be called something different depending on the state your business is registered in.
If you don't have one at the moment, you can submit a document that shows that you have applied for one and are waiting for your state to get back to you. If you are a sole proprietor, you can submit a document saying that you are a sole proprietor and don't need a certificate of good standing.
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you provide feedback on applications that are not selected for funding?
Due to the high volume of applications 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 October 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.
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No, your personally identifiable application data is protected data that only National ACE will access. It will not be shared or sold to Verizon or any other third party.