Loans | Grants | Venture Capital
Government and Private Grants
Government and Private Grants
Government and Private Grants
Federal Grants: Programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) offer significant funding for tech-focused businesses, with grants potentially reaching $1 million to $1.25 million for later stages.
- State and Local Grants: These vary widely by region, with amounts often ranging fro
Federal Grants: Programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) offer significant funding for tech-focused businesses, with grants potentially reaching $1 million to $1.25 million for later stages.
- State and Local Grants: These vary widely by region, with amounts often ranging from microgrants of a few hundred dollars up to larger sums like $25,000 for New York businesses expanding exports or even $50,000 for specific recovery programs.
- Corporate Grants: Many corporations offer grants. For example, the Amazon Business Small Business Grants program is awarding over $250,000 in monetary grants and prizes to 15 businesses, with a top prize of $25,000. Other examples include the $10,000 Venmo Small Business Grant and the $50,000 She's Connected by AT&T Small Business Contest.
- Nonprofit Grants: Organizations like WomensNet offer monthly Amber Grants of $10,000, with an additional $25,000 annual grant. The National Association for the Self-Employed (NASE) provides Growth Grants of up to $4,000.
- Other Notable Programs and Amounts:
- Skip $10,000 Summer Grants 3: Over $1 million in total funding available this year.
- Secretsos™ Small Business Grant: Offers $2,500.
- Faire Small Business Grant: Offers $5,000 in credit to stock new stores.
- The Freed Fellowship Grant: Offers a monthly $500 microgrant and potential for a $2,500 end-of-year grant.
- U.S. Chamber of Commerce CO-100: Offers a $25,000 grand prize and $2,000 grants to 10 additional businesses. The Amber Grant for Women offers monthly awards of $10,000, with a larger annual grant of $25,000.
- The National Association for the Self-Employed (NASE) Growth Grant provides up to $4,000 per month.
- The Small Business Innovation Research (SBIR) program can provide from $50,000 to $275,000 for Phase I projects and potentially up to $1.8 million for Phase II.
- The City of Rochester's Small Business Grant offers up to $5,000 for startups and up to $8,000 for existing businesses.
- The USDA Rural Business Development Grants' amounts vary and focus on rural businesses, and the New York State Seed Funding Grant Program provides up to $25,000 for early-stage New York businesses.
- The FedEx Small Business Grant Contest offers prizes that can include up to $50,000 in cash and FedEx services.
Here's a breakdown of the typical timeline:
- Application Review: This phase can take anywhere from 1 to 6 months, The review process involves evaluating your proposal's compliance with requirements and often includes assessments by multiple reviewers and teams.
- Notification of Award: After selection, you can generally expect to be notified of the grant award within 1 to 4 weeks.
- Contract/Agreement Process: Once notified, you'll need to enter into a grant agreement with the grantor. This phase can take 2 to 6 weeks.
- Initial Disbursement: After the agreements are finalized, the initial grant disbursement typically takes 2 to 8 weeks. However, some grants may be disbursed within 24 hours as a lump sum, while others are paid in quarterly installments.
In total, the entire process from application submission to receiving the initial funding can take several weeks to several months, or potentially even longer depending on the specific grant. Some sources indicate the overall process could take between 8 and 20 months. Factors affecting the timeline
- Type of Grant: Federal grants tend to have longer processing times (potentially 6-9 months), while some foundation grants might have quicker turnarounds (possibly 2 weeks).
- Number of Applications: A higher volume of applications can lengthen the review period.
- Completeness of Application: Incomplete applications can lead to delays as the granting organization may require additional information.
- Granting Organization's Processing Procedures: Each organization has its own internal processes and timelines for reviewing and approving grants.
- NEED FUNDING IN 24 - 48 HOURS?
CALL : Jojo Vanzego
Direct: (888) 859-8068 24/7
Cell: (703) 622-0110
Fax: (425) 930-9234
SBA LOAN
Government and Private Grants
Government and Private Grants
The typical timeframe to fund an SBA loan, from initial application to final disbursement, ranges from 30 to 90 days. However, this timeframe can be significantly influenced by a variety of factors:
Type of SBA loan:
SBA Express Loans: Can be approved within 36 hours, but funding typically takes 30-60 days.
SBA Microloans: Approval and fundi
The typical timeframe to fund an SBA loan, from initial application to final disbursement, ranges from 30 to 90 days. However, this timeframe can be significantly influenced by a variety of factors:
Type of SBA loan:
SBA Express Loans: Can be approved within 36 hours, but funding typically takes 30-60 days.
SBA Microloans: Approval and funding can be completed in 30-60 days.
SBA 7(a) Loans: Approval usually takes 5-10 days, but the entire process can last 60-90 days.
SBA 504 Loans: Approval takes 30-45 days, and funding can occur within 90 days.
Some industry experts suggest that approval can take up to six months.
Completeness and accuracy of your application: Providing all required documents (business plan, financial statements, tax returns, etc.) upfront and accurately can help avoid delays caused by missing information.
Borrower's credit history and credit score: A strong credit profile generally speeds up the underwriting process as lenders perceive lower risk.
Loan complexity: Larger loan amounts or those for complex projects (like real estate purchases or new construction) may require additional documentation and review, potentially extending the timeline.
Key takeaways to expedite your SBA loan application
Prepare thoroughly: Gather all required documents and information in advance.
Respond promptly: Be responsive to requests for additional information from the lender.
Maintain strong financial health: A good credit score and well-organized financial records can help speed up the process. In essence, while the average timeframe is 30-90 days, proactive steps and a strong application can help streamline the process and potentially lead to faster funding for your small business.
NEED FUNDING IN 24 - 48 HOURS?
CALL : Jojo Vanzego
Direct: (888) 859-8068 24/7
Cell: (703) 622-0110
Fax: (425) 930-9234
Venture Capital
Government and Private Grants
Venture Capital
Jojo Incline System
- Complete Two Loan Cycles through our network of banks
- Get Introduced to our network of Venture Capital Investors.
- Potential to get placed in our Network of 350+ malls and shopping centers owned by our partners; kiosks, department stores, food halls, food courts, etc.
Completing loan payments, or loan payoff, means reaching
Jojo Incline System
- Complete Two Loan Cycles through our network of banks
- Get Introduced to our network of Venture Capital Investors.
- Potential to get placed in our Network of 350+ malls and shopping centers owned by our partners; kiosks, department stores, food halls, food courts, etc.
Completing loan payments, or loan payoff, means reaching the end of the repayment schedule and making the final payment to fully extinguish the debt. This can involve making a final payment on a loan after making a series of regular payments. A loan cycle refers to the series of stages a loan progresses through, from application to full repayment.
- Final Payment:
- The final payment is the one that clears the outstanding principal balance and any accrued interest.
QUICK SERVICE RESTAURANT (QSR):
- QSRs are known for their speed of service and convenience.
- They offer a simplified menu with items that can be prepared quickly. typically more cost-effective than casual dining restaurants.
- QSRs are increasingly using technology like mobile apps and kiosks to enhance the customer experience. speed, limited menus, casual atmosphere, and often limited seating. QSRs prioritize convenience and efficiency, serving pre-packaged or quickly prepared food that is typically available for takeaway or with minimal table service.
- Menu of inexpensive meals (often under $10) in a casual setting.
FAST FASHION
- business model that rapidly produces and distributes low-priced, trendy clothing to capitalize on current fashion trends.
- Quick turnaround time from design to retail, often within days or weeks, allowing brands to react quickly to emerging styles. .
- Rapid Production:Fast fashion relies on quick design, manufacturing, and distribution processes to keep up with ever-changing trends.
- Low Prices:The focus is on affordability, making clothing accessible to a wide range of consumers.
- Trendy Styles:Fast fashion often copies or adapts styles from high-fashion labels, aiming to provide consumers with the latest trends.
- Short Life Cycle:Clothing is designed to be worn for a limited time, often a single season, encouraging frequent purchasing.
- Mass Production:Large quantities of clothing are produced to capitalize on the demand for affordable, trendy styles.
Think Zara, H&M, FOREVER21, UNIQLO
SPECIALTY DISCOUNT STORE
- Retail business that offers a curated selection of products within a specific niche or category, while still providing items at discounted prices. This means they specialize in a particular kind of product, unlike broader discount stores, but still prioritize affordability. Here's what distinguishes them:
- Niche Focus: concentrate on selling specific products or targeting a niche market, offering depth rather than a wide range of items.
- Curated Selection: They offer a carefully selected range of items within their niche, ensuring quality and often featuring unique or hard-to-find products.
- Discounted Prices: They provide products at lower prices compared to traditional retailers, often selling brand-name items at a reduced cost.
- Personalized Service: Often, specialty retailers provide knowledgeable staff and a more intimate shopping experience, enhancing the overall service.
Jojo Big Data Survey
- How long have you been in business?
- Do you have additional/similar industry experience?
- Would you say your business is growing?
- How do you plan to expand your business?
- Do you have a target market?
- What amount would you need to grow your business?
- How much would you sell your business for today?
- What's your Grand Plan, local, national, international?
Jojo Venture Capital Incline Program 
Take your business to the top of the mountain
Proof-of-concept stage in which a business idea is tested for its viability. At base camp the entrepreneur generally requires relatively small amounts of financing to conduct business feasibility, develop prototypes, evaluate market potential, protect intellectual property, and investigate other aspects of the business.
The development of a detailed business outline explaining how the business will function is critical. This phase usually requires substantially more funding.
Sufficient working capital for the smooth operation of the business, funding of any losses during the start-up phase and contingency funds in case of an unexpected interruption in the start-up process.
Ramping up the business by increasing sales is an indication of success because the company’s business model is being validated.
Business volume may be approaching breakeven and profitability is within sight, venture capitalists may be interested in financing this phase.
Growing accounts receivable and inventories, increasing sales volume and is profitable. Funds are used for further expansion, marketing, working capital, or developing an improved productive Team Effort."
NEED FUNDING IN 24 - 48 HOURS?
CALL : Jojo Vanzego
Direct: (888) 859-8068 24/7
Cell: (703) 622-0110
Fax: (425) 930-9234
https://jojoventurecapital.com/
Jojo Big Data | Jojo Venture Capital | Blueline 45 BROADWAY, NEW YORK, NY 10006