Funding Amount

$10,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

GK Fund Grant Support Program

Funder: GK Fund Inc, Boston, MA

Website: thegkfund.org

Mission: The GK Fund supports culturally diverse entrepreneurs and small businesses by connecting them to opportunities for sustainability, growth, and long-term success.

    Focus Areas

  • Community-based entrepreneurs and small businesses
  • Culturally diverse entrepreneurs (BIPOC, women, veterans, and underrepresented groups)
  • Businesses in gateway cities in Massachusetts
  • Small business growth and sustainability

    Geographic Scope

  • Massachusetts, primarily gateway cities
  • Partnership with Mass Development's Technical Development Initiative (TDI)

    Award Information

  • Award Amount: $10,000 per company
  • Historical Distribution: 30+ businesses awarded
  • Application Volume: 100+ applicants per cycle

    Support Services Provided

  • Capital: Grant funding
  • Mentorship: Ongoing support and guidance
  • Pro Bono Legal Counsel: Courtesy of law firm Hinckley Allen
  • Access to Funding Opportunities: Connection to resources
  • Networking & Resources: Connection to expertise and business environment
  • Marketing Support: Available through program

    Core Values

  • Inclusion and allyship
  • Individual agency and respect for grantee decision-making
  • Access to opportunities regardless of background
  • Ethical standards and fairness
  • Collaborative partnerships
  • Social investment in community prosperity

    Eligibility (Implied)

  • Community-based entrepreneurs and small businesses
  • Culturally diverse founders (BIPOC, women, veterans preferred)
  • Businesses seeking growth and sustainability in Massachusetts
  • Alignment with grant criteria (verified in screening process)

Contact Information

Address: 529 Main Street Suite P200, Boston, MA 02129

    Leadership

  • Founder & Board Co-Chair: Colette Phillips
  • Co-Founder: Andre Porter (Former Director, MA Office of Small Business)
  • Board Chair: Evelyn Murphy

How to Apply

Application Process

The GK Fund uses a structured investment process with the following stages:

#### Stage 1: Screening

  • Application reviewed for alignment with grant criteria
  • #### Stage 2: Evaluation/Due Diligence

  • Grant evaluation committee conducts comprehensive review of:

  • - Grant application
    - Business growth plan

    #### Stage 3: Investment Meeting

  • Grant Evaluation Committee deliberates

  • Committee identifies and prepares recommendations to the board for grant disbursement
  • #### Stage 4: Capital Deployment

  • GK Fund sends grant funding to winning companies

  • Public announcements issued
    • Required Materials

    • Grant application (specific format and questions not detailed on website)
    • Business growth plan

    Application Portal

    Website indicates "APPLY NOW" button is available, but specific application URL and detailed requirements not provided in extracted content.

    Focus Areas & Funding Uses

    Fields of Work

    small-businessesminority-businesseswomen-owned-businessesveteran-businessesblack-owned-businesses

    Categories

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