In 2024, Progressive will award 20 grants of $50,000 each to small businesses in need of a commercial vehicle through their Progressive Driving Small Business Forward Grant. Grantees will also be invited to attend a 12-week virtual Boost Camp coaching program.
Applications are due through Hello Alice by June 14, 2024 at 6:00 PM ET. Applicants are not required to be Progressive customers.
Eligibility
Applicant
Applicants must be:
- Legal residents of the United States
- 18 years old or older (19 in Alabama and Nebraska)
- The leading executive of a business that meets the below criteria
Business
Eligible businesses must:
- Be an established, for-profit business in the United States or the District of Columbia
- Have ten or fewer employees
- Have less than $5 million in gross annual revenue
- Have a demonstrated need for a commercial vehicle
- Have a clear plan for how a vehicle will help the business grow
Sole proprietorships and part-time businesses are eligible.
Vehicle
A commercial vehicle is any car, truck, van, bus, or other automobile that is used for business purposes, such as:
- Delivery of products and goods
- Travel to perform on-site services
- Transportation of materials or inventory
- Transporting people
Ineligible vehicles include:
- Those used solely for commuting
- Those used for a rideshare service such as Uber or Lyft, or third-party food delivery such as UberEats, DoorDash, PostMates, Grubhub, Instacart, etc.
- Heavy trucks with Gross Vehicle Mass (GVM) over 26,000 lbs. and vehicles designed principally for use off public roads (e.g. bulldozers, farm machinery, forklifts, etc.)
Evaluation Criteria
All applications will be reviewed based on:
- Demonstrated need for funds to purchase a commercial vehicle (40%)
- Clear plan for growth as a result of this vehicle purchase (40%)
- Demonstrated commitment to customers and community (20%)
Hello, my names is Cornell Holmes and I am the Co-founder with my lovely wife Hannah of, Hoarders without Borders Inc. a non-profit recycling organizations. I am very interested in the grant that Progressive is offering for black small business operators. A new dump truck would help service our community with landfill dump runs, donation drop-offs and hauling solutions. Thank you for your consideration.
Cornell Holmes
Hannah Holmes
Please let me know if you’d like my assistance in applying for this grant.
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