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Alaska Mental Health Trust Authority Micro Enterprise Grant

Grants to Alaska Individuals with Mental Disabilities
and Disorders to Start Small Businesses

GrantWatch ID#: 176762
Agency Type:

Foundation / Corporation

University of Alaska Anchorage (UAA) Center for Human Development

02/01/17 12:00 PM Receipt

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Grants ranging from $500 to $10,000 to Alaska qualifying individuals with mental illnesses, disabilities, substance-related disorders, brain injuries, Alzheimers, and dementia to start or acquire small-businesses. The purpose of this program is to encourage self-employment opportunities through micro-enterprises. Funding may be used for costs associated with starting a new business, expanding a current business or acquiring an existing business.

Allowable costs include but are not limited to: business license, insurance, permits, inventory, raw materials to make a product, equipment, supplies, rent or lease for space to offer a service or product, utilities, furnishings, marketing activities, transportation costs not related to vehicle purchases, accounting services and training/support services.

Applicants can request a minimum of $500 and a maximum of $10,000. Multiple applications per applicant are accepted in different review periods, but the lifetime maximum is $10,000.

The business must meet the definition of a micro-enterprise, which is a business with total capital needs of not more than $35,000 and fewer than 5 employees.

To be eligible for a grant from the Microenterprise Fund, applicants must:
-Be an Alaska Mental Health Trust Beneficiary;
-Reside in Alaska; and
-Have a support team or business technical assistance relationship in place (list team members and/or business technical assistance contact information).

Qualifying Documentation of Beneficiary Status:
-Medical documentation;
-Social Security Disability Insurance orSupplemental Security Income disability determination;
-Vocational Rehabilitation Eligibility statement based on beneficiary disability type;
-Other legal documentation of disability as deemed acceptable by the fund administrator;

The Trust defines Beneficiaries as:
-People with mental illness;
-People with developmental disabilities;
-People with chronic alcoholism;
-People with Alzheimer’s disease and related dementia;
-People with Traumatic Brain Injury.

Applications must be received by February 1, 2017, 12:00 PM (noon).

Grants require a dollar for dollar match. An up-front cash match, at least a portion of which is from personal funds, is preferred. However, use of funds from other programs, in-kind match (for example, equity in an existing business or the value of equipment owned by the applicant that will be used in the business), and alternative payment schedules for the match may also be approved by the Review Committee.

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Jackie Perry
(907) 321-4643
BizWorksAK@gmail.com

Larrisa Cummings, Grant Fund Administrator
(907) 264-6279
megrant@alaskachd.org

UAA Center for Human Development
2702 Gambell St. Suite 103
Anchorage, Alaska 99503

See the full text of this grant

USA: Alaska

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