Annual revenue must not exceed $10 million and have no more than 500 employees; Must create one permanent full-time equivalent job for every $35,000 in financial assistance received from the City; Out of the total jobs created, 51% must be fulfilled or made available to low and moderate-income persons; Business must be located in the City of Los Angeles; Applicant must show evidence of not being able to obtain financing elsewhere.

There will be a total of ten (10) winners (each a “Winner” and collectively, the “Winners”): three (3) Grand Prize Winners will receive U.S. $50,000 in the form of a check and $4,000 in print and business services from FedEx Office*; seven (7) 1st Place Winners will receive a U.S. $20,000 Grant in the form of a check and $1,500 in print and business services from FedEx Office*. All FedEx Office prizes are in the form of a credit at a local store near each winners’ location. Additional $10,000 awards in the form of a check, $500 additional print credit, and the added distinction and business award honor will be awarded among the Winners in each of the following categories:

• young entrepreneur owner
• veteran-owned business
• healthcare industry
• minority-owned business
• sustainability focused business

 
Write a short profile of your company. Tell us about your business and what makes you stand out from the competition. Why did you start this business? What does your company do? What do you do differently or better than your competitors? Are there any social causes that are important to your business? How would you use the winnings to enhance your business?

Financial and office resources for small businesses, some specific to women and minorities, some general.