Main Street Ventures has agreed to provide up to a $30,000 LEAP Grant Award to a participant in Goldman Sachs 10,000 Small Businesses at Cincinnati State who demonstrates a strong, well-thought out Growth Opportunity.
LEAP Grants are part of Main Street Ventures’ effort to provide promising, revenue-generating businesses with equity-free funding to scale. Funding is awarded to any businesses that demonstrate the potential to continue to create jobs and opportunities in the Greater Cincinnati/Northern Kentucky region.
All Goldman Sachs 10,000 Small Businesses at Cincinnati State participants who desire to compete for the LEAP Grant Award must: (1) be a business entity (C-Corp, S-Corp, or LLC) with a Federal Tax ID (EIN), (2) be located in the Greater Cincinnati/Northern Kentucky/Southeastern Indiana Region within these areas: Hamilton, Butler, Clermont, and Warren counties in Ohio; Boone, Campbell, and Kenton counties in Kentucky; and Dearborn County in Indiana, (3) show sufficient revenue that proves the business concept relative to its industry.
The Growth Opportunity considered for funding must be project-based where results can be tracked by defined metric(s). The grant does not provide funds for general business operating funds.