Lowe’s is partnering with Local Initiatives Support Corporation (LISC), the nation’s largest community development organization, to distribute $5 million in small business relief, to help minority-, women- and veteran-led, small businesses sustain operations and protect jobs impacted by the COVID-19 pandemic.
Applicants may apply for one business only and must be at least 18 years of age to apply. For business owners with multiple businesses, please complete this application based on your largest business owned. Each grant is limited to one individual/business.
Awards will be made to qualified businesses, and eligibility is based on accurate and complete submission. Priority will be given especially to entrepreneurs of color, women- and veteran-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital.
Grants will be made in the amounts of $5,000, $7,500, $10,000 and $20,000. All awardees will have to certify that they are promoting the best interests of the community and are negatively impacted by the COVID-19 crisis.
Lowe’s applicant registration form opens on June 18, and the online application form is live July 27-August 3. Grant finalists will be selected August 3-10.
- August 10-27: Finalists Screened for Eligibility
- August 28: Full Grantee/awardee List Announced
- August 20-Sept 20: Payment process to grantees
Email SmallBusinessGrants@lisc.org with any questions.
Non-profit organizations are ineligible for this particular pool of relief funding. Be sure to check LISC’s COVID-19 Resource Page: www.lisc.org/covid-19/covid-resources for the latest resources available to nonprofit organizations and individuals.