Progressive® Driving Small Business Forward Fund Program
May 22, 2023
APPLICATION CLOSES JUNE 02 @ 6 PM
Progressive®, in partnership with Hello Alice, is accepting applications for its Driving Small Business Forward fund program, which is aimed at providing support to diverse small business owners across the country. The program will award 10 Black-owned small businesses each with a $25,000 grant that can be used toward purchasing a commercial vehicle for their businesses. Eligible businesses must:
- Be a for-profit business majority (51%+) owned and operated by a Black-identifying entrepreneur(s)
- Have 10 or fewer employees and less than $5 million in annual gross revenue
- Have a demonstrated need for a qualifying commercial vehicle to run their business and a clear plan for growth as a result of this vehicle purchase.
- Not be an independent contractor whose primary business is for a rideshare service such as Uber or Lyft, or a third-party food delivery such as UberEats, DoorDash, PostMates, Grubhub or Instacart.
Applications close at 6 p.m. June 2. The Hello Alice team plans to announce recipients by August.
