The VetFran Business Grant Fund assist veterans who have been awarded a franchise through the IFA VetFran program by providing financial grants for business development, education, training, and/or technical assistance.
To be eligible for the grant, candidates must have been awarded a franchise from a VetFran participating company. Candidates must have met all the requirements as candidates under the guidelines of the VetFran program, including having received an honorable discharge from any branch of the U.S. military or Coast Guard.
Candidates must have a signed franchise agreement and must have at least one unit in operation, or a letter from their franchisor confirming the "opening store" schedule.
Candidates must submit an application with a current resume, copy of military discharge certificate, name of franchisor, name and location of franchise business, 500 word essay describing the need for the grant and purpose for which funds will be used, and two letters of recommendation, including one from the franchisor.
The grant can be used for business development, education, training, technical assistance, the purchase of equipment, and products or services necessary for the operation of the business.
Award Amount:
Up to $10,000
Deadline:
Varies
THIS PROGRAM HAS BEEN DISCONTINUED.
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