Hennessy is launching Unfinished Business, a new program that will provide urgent funding and access to vital resources for the small business owners who bind our communities together.
The application is open from Jun 22, 2020 through July 1, 2020
Application Information
HENNESSY IS NOT INVOLVED IN SELECTION OR DISBURSEMENT OF FUNDS
COMMUNITY PARTNERS PROVIDE DECISION
One Hundred Black Men (OHBM), Asian American Business Development Center (AABDC), and Hispanic Federation (HF) will make all determination of applicant need and appropriate remittance. Hennessy is not involved in deciding any aspect of acceptance or financial disbursement.
FOR ELIGIBLE APPLICANTS, A COMMUNITY PARTNER WILL FOLLOW UP
If a submission is chosen by the appropriate partner, that partner will reach out to the applicant to continue the process and request documentation of business ownership, ethnicity status, and any additional information they deem necessary to make a final determination.
FIRST COME, FIRST SERVED
Completed forms will be processed in the order they are received, and reserves will be used as deemed appropriate by the community partner.
USE OF NAME AND LIKENESS
Owners who receive a grant will agree to allow Hennessy, OHBM, AABDC, and HF use of their name and likeness, as well as the name and likeness of the business named in the application.
APPLICATION OPEN DATES
Only completed applications received during the application open dates will be considered. Application open dates are from 9:00am EST on June 22, 2020, to 11:59pm EST on July 1, 2020.
ONE FORM ENTRY PER BUSINESS, ONE BUSINESS PER OWNER
One form entry allowed per business, as defined by the EIN. Owners with multiple businesses may only enter one of their businesses. In the case an owner with multiple businesses receives multiple grant offers, only one may be accepted.
Eligibility Requirements
Applicants must meet all of these requirements to be considered for financial compensation.
- Black, Asian, and/or Latinx small-business owner
Business is registered in the U.S. and its territories as a legal entity, with a valid EIN number
Applicants must have a physical U.S. address (No P.O.Box)
Annual sales not to exceed $3 million
Total employees not to exceed 50
Owner at least 21 years of age
Have been in business for at least two years as of March 2020
Does not have a alcohol beverage license
To receive this funding, must have a bank account that accepts electronic transfers
In the spirit of Hennessy’s ethos ‘Never Stop, Never Settle’, your business intends to support the community in the future
Accepted business expenses
Financial compensation can only be used towards one of these accepted business expenses.
- Payroll Expenses
Operating Expenses (Insurance, etc.)
Rent
Mortgage Payments
Utilities