Supplier Diversity Mini-Grants

Advantage Valley Offering Support for Certification

Funded by Truist

 

Purpose:  The purpose of this mini-grant program is to increase the number of certified Woman-owned (WBE), Minority (MBE), and Disadvantaged Business Enterprises (DBE) in WV by defraying the costs associated with the certification process. A limited number of grants are available on a first come basis.

 

Eligible Applicant:  qualified women, minority or disadvantaged businesses with annual revenues under $1 million or that meet the SBA size test for their industry NAICS code.

 

Grant Amount: up to $500 in costs will be reimbursed upon successful completion of the grant requirements

 

For Business Coaching and Technical Assistance Contact:

 

Tyler Brandstetter, FASTER WV Business Coach at WV Small Business Development Center:

Tyler.l.brandstetter@wv.gov or (304) 553-9692

In the counties of Boone, Braxton, Clay, Kanawha, Lincoln, Putnam

 

Jules Bills, FASTER WV Business Coach at Unlimited Future, Inc.

jules@unlimitedfuture.org or (304) 697-3007

In the counties of Cabell and Wayne

 

Nora Myers, Director of WV Women’s Business Center

nora@wvwomen.org or (304) 825-5000

 

Process:

  1. Review the requirements for certification with the appropriate certifying agency:

 

Women’s Business Enterprise Council Ohio River Valley (WBEC ORV) – Women’s Business Enterprise (WBE) certification – https://www.wbecorv.org/about-wbecorv

 

Tri-State Minority Supplier Diversity Council (TSMSDC) – Minority Business Enterprise (MBE) certification – https://tsmsdc.com/

 

Small Business Administration Contracting Assistance Programs Program for Disadvantaged Businesses – https://www.sba.gov/federal-contracting/contracting-assistance-programs/8a-business-development-program#section-header-2

 

  1. If you need assistance, call one of the business coaches at the agencies listed above.

 

  1. Fill out the mini-grant application for pre-approval: Mini-Grant applications will be accepted on an ongoing basis until funding has been exhausted. Fill out the grant application and Advantage Valley will pre-approve your application. The applicant will then have 6 months to obtain certification in order to be eligible for reimbursement. Submit application to:

 

Terrell Ellis, Executive Director

Advantage Valley, Inc.

terrell@advantagevalley.com

(304) 352-1165

 

  1. Attend a Financing Growth Training– Once pre-approved, attend a 1-hour virtual “Growing Your Business” seminar hosted by BB&T, now Truist with a Q&A session on financing contracts and growth. Register for one of the following sessions by contacting Marlo Long, SVP, CRA & Community Development BB&T, Now Truist Office: (304) 353-1682 Mobile: (304) 549-1570 Email: long@truist.com

 

  1. Final Approval & Reimbursement –Submit application for certification to the appropriate certifying agency, and provide Advantage Valley with the receipts for all expenses related to the certifying process up to $500. Also, provide the date of attendance at the Growing Your Business workshop.  Send information to the address below and allow 4-6 weeks for reimbursement upon final approval. Submit all documentation to:

 

Terrell Ellis, Executive Director

Advantage Valley, Inc.

terrell@advantagevalley.com

(304) 352-1165

 

 

 

Join our email list today for important updates from the Region!