Who is eligible to apply for the Standalone Grant Programme?
Eligible start-up or existing businesses that apply through A2; majority Bahamian-owned businesses; gross annual revenues less than $5M; fewer than 50 employees; a valid business license from the Department of Inland Revenue (DIR); have not been awarded any prior funding through any Access Accelerator programs are eligible to apply.
If I'm already signed up for the regular Access Accelerator Programme, am I able to apply for the Standalone Grant?
If you are a client signed up for the regular Access Accelerator Programme and have not yet received funding, you can apply for the standalone grants and still continue with the regular programme. Please note, however, that if you are awarded ...
Is the Standalone Grant Funding guaranteed?
The grants are based on the amount of available funds provided per round of the programme. We received requests far in excess of our available funds. Selecting grant recipients from an outstanding group of applicants means that everyone who applied ...
If I currently have a loan, can I apply for this Standalone Grant Programme?
Yes, you can still apply for this programme, however, the loan could not have been a part of funding through the Access Accelerator.
How much funding is available for the Standalone Grant Programme?
The Government has granted the A2 $1 million dollars in funding to assist with this initiative. The maximum funding per client will be $5,000 per client.
When does the third round of the Standalone Grant Programme launch?
Due to an overwhelming response by eager Bahamian entrepreneurs, on Monday, February 1st, 2021 we will be launching the Standalone Grant Programme: Round III. For more information, visit our website at www.accessaccelerator.org/standalonegrant