1. Eligibility:
1.1. The applicant's business/nonprofit must demonstrate a positive impact on its community, including creating new jobs, pioneering innovative products, or enhancing accessibility of products and services.
1.2. Preference will be given to organizations in operation for at least one (1) year, with all eligible businesses encouraged to apply.
1.3. The organization must have generated revenue, with a preferred minimum annual revenue of $20,000 and maximum annual revenue of $1,000,000.
1.4. Preference will be given to organizations with a direct impact on their community.
1.5. The organization must be legally formed under United States law and operate within the specified community defined by federal Bronzeville-Black Metropolis National Heritage area MAP or have a confirmed commitment to operate within this community.
2. Award:
2.1. A total of $250,000 in funds will be awarded to a minimum of ten small businesses within the Bronzeville community. Selected grant recipients will receive a total of $5,000 -$25,000.
2.2. The grant is intended to build capacity, foster business growth and amplify community impact; use of funds should align with these intentions.
2.3. Funds awarded are to be used explicitly for business development and growth. Misuse of funds may result in revocation and legal action.
3. Application Period:
3.1. Grants will be awarded in June 2024, with an application deadline of April 30th at 11:59PM CDT.
3.2. Applications submitted after the deadline will not be considered.
4. Application Process:
4.1. All Bronzeville applicants must complete the official AMSG application Powered by Build Bronzeville. Applicants may only apply to one AMSG program.
4.2. Incomplete applications or those not adhering to guidelines will be disqualified.
4.3. No duplication allowed. Each grant goes to a unique organization. CDCs cannot receive compensation from organization owners.
4.4. Award winners collaborate with Allstate and CDC to receive funds, use them to build capacity, and share impact stories for publicity efforts.
4.5. Applicants agree to receive email communications from Allstate Insurance Company.
4.6. Applications are subject to a rigorous review process; additional information may be requested.
5. Selection Criteria:
5.1. Potential impact on the grant award on the organization and community.
5.2. Track record and credibility of the organization.
5.3. Will have an impact on underrepresented communities.
5.4. Demonstrated need for financial assistance to enhance community impact.
6. Notification:
6.1. Grant recipients will be notified via provided contact information.
6.2. Non-selected applicants will not receive individualized feedback due to the volume of applications.
7. Terms and Conditions:
7.1. By applying, the applicant agrees to abide by all rules and guidelines.
7.2. Allstate reserves the right to modify terms, eligibility criteria, or any aspects of the grant without prior notice.
7.3. False representation or misleading information leads to immediate disqualification.
7.4. Allstate is the ultimate arbiter of any dispute.
8. Privacy and Data Protection:
8.1. Submitted data will be used solely for evaluating grant applications.
8.2. Allstate and Build Bronzeville commit to safeguarding data and will not share it without the applicant's express consent.