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FEDERAL

Hiring Our Heroes Small Business Grant

Annual grant program awarding five grants ($10,000 to $25,000) to veteran and military-spouse-owned businesses including disabled veterans.

About this program

Sponsored by the FedEx Founders' Fund, the Community Foundation of Greater Memphis, and USAA Small Business Insurance, this program awards five one-time grants annually to outstanding veteran- and military-spouse-owned small businesses. Four winners receive $10,000 and one grand prize winner receives $25,000. Applications typically open in late winter, with winners announced each spring at an in-person event.

Eligibility

For-profit business at least 51% owned by a veteran or military spouse; between 3 and 20 employees; under $5 million in annual revenue; must demonstrate financial need or be located in an economically distressed area.

Requirements

  • 51% veteran or military spouse ownership
  • 3-20 employees
  • Under $5M annual revenue