Fast Break for Small Business Grant

Fast Break for Small Business is a cooperative effort of LegalZoom and the NBA, WNBA, and NBA G Leagues, which supports small business owners and emerging entrepreneurs in the United States.

Awards of $10,000 and a LegalZoom product valued at up to $500 will be given to 150 small businesses. A LegalZoom product valued at up to $500 will also be given to 3,000 entrepreneurs whose business hasn’t launched. Applications are due by September 13, 2024.

Eligibility

Small Businesses

The award for small businesses is open to for-profit entities that:

  • Are based in the United States
  • Have been in business for at least 3 months
  • Have an annual revenue of less than $1 million
  • Have an active business bank account
  • Can provide their most recent business tax return OR
  • If they’ve been in operation for less than 12 months, can provide their (1) Articles of Incorporation, (2) Sole proprietorship formation, (3) Fictitious name statement or DBA, (4) EIN registration, (5) City, state, or federal business license, (6) Relevant professional license

Entrepreneurs

The award for entrepreneurs is open to for-profit entities that:

  • Are based in the United States
  • Have been in business for fewer than 3 months or can provide a summary of their business idea

Ineligible Industries

Businesses in the following industries are ineligible:

  • Adult entertainment
  • Tobacco shops, stands, and wholesalers
  • Firearms and ammunition sellers, gun clubs, and shooting ranges
  • Marijuana or cannabis related industries
  • Massage parlors, saunas, or hot tub facilities
  • Gambling facilities, including racetracks
  • Real estate investment companies, house flippers, hotels, or real estate rental businesses
  • Banking and financial institutions
  • Merchant services and payment companies
  • Lending businesses and small business loan brokers
  • Pawn shops
  • Check cashers
  • Bail bondsmen
  • Collection companies and debt consolidation firms
  • Multi-level marketing companies
  • Transportation of hazardous materials
  • Oil and gas exploration/securities
  • Rideshare businesses
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