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AAPISTRONG Restaurant Fund (2024)

ACE FOUNDATION

Funding Amount

$5,000 - $25,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

AAPISTRONG Restaurant Fund

Funder: National ACE in partnership with Grubhub (Grubhub Community Fund)

Status: 2024 program completed; 170 total grants distributed worth over $1 million

Geographic Scope: United States (nationwide)

Focus Areas: Asian American and Pacific Islander (AAPI)-owned independent restaurants

Award Amount: $5,000 - $25,000 per restaurant; three grand prize winners receive $25,000 each

Program Overview:
Fourth year of the AAPISTRONG Restaurant Fund supporting independent AAPI-owned restaurants. Grants enable restaurants to:

  • Upgrade technology

  • Increase outreach and marketing

  • Expand offerings

  • Provide employee support

  • Repair and expand dining spaces

  • Replace kitchen equipment

  • Purchase buildings for business expansion
  • Use of funds focuses on growth and expansion of the business.

    Eligibility Criteria:

  • Restaurant must be Asian American/Pacific Islander/Native Hawaiian majority-owned (at least 51%)

  • Based in the United States

  • Currently operational

  • For-profit business

  • Proof of primary licensed activity as "the preparation and serving of food"

  • Operates in a single location

  • Cannot be a franchise

  • Must demonstrate financial need

  • Must demonstrate community impact (culture/community, hiring, charitable/philanthropic efforts)

  • Priority given to first-time grant applicants

  • Grand prize finalists must be able to attend National ACE's Annual Conference in Santa Clara, CA on September 4, 2024 (travel and accommodations provided)
  • Partnership Impact:
    Since launch of AAPISTRONG Restaurant Fund three years prior to 2024, National ACE distributed over $5 million to 351 AAPI restaurant owners nationwide. 2024 program marked the fourth year of partnership.

    Contact Information:

  • Email: efuder@nationalace.org

  • Website: www.AAPISTRONG.com and www.nationalace.org
  • How to Apply

    Application Process

    2024 Program Timeline:

  • Application Period Opens: May 1, 2024

  • Application Period Closes: May 31, 2024 (or when 5,000 applications received, whichever comes first)

  • Pitch Competition Date: August 8, 2024

  • Grant Distribution: By December 2024
  • Application Submission:
    1. Submit applications online at www.AAPISTRONG.com
    2. Applications accepted from 12:00 AM ET on May 1 through 11:59 PM ET on May 31
    3. Note: Portal closes upon receipt of 5,000 applications, even before deadline

    Required Information in Application:

  • Proof of AAPI/Native Hawaiian majority ownership (at least 51%)

  • Proof of current operational status

  • Copy of food service license

  • Demonstration of financial need

  • Explanation of community impact (cultural contribution, hiring practices, charitable work)

  • Details on how grant funds will be used for growth and expansion

  • For grand prize contenders: confirmation of ability to attend Santa Clara conference
  • Selection Process:

  • Applications reviewed based on eligibility criteria

  • Three grand prize winners announced and pitched live at National ACE's #AAPISTRONG Annual Conference

  • All selected recipients announced with grants distributed by December 2024
  • Grand Prize Component:

  • Three winners selected for $25,000 grand prizes

  • Winners announced live at National ACE Annual Conference (September 4, 2024 in Santa Clara, CA)

  • Travel vouchers and hotel accommodations provided for finalists
  • Recommendation:
    Applicants encouraged to submit early due to high demand and 5,000 application limit

    Focus Areas & Funding Uses

    Fields of Work

    small-businessesminority-businesses

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