Small business assistance
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Fast Break for Small Business

This grant is provided by Accion Opportunity Fund

  • Grant Amount

    $10K
  • Open date

  • Application Deadline

About This Grant

Accion Opportunity Fund, LegalZoom, the NBA, WNBA, and NBA G-League have joined forces to provide entrepreneurs across the country with grants and LegalZoom services to support their small businesses.

Administered by nonprofit Accion Opportunity Fund, the program aims to assist business owners with the tools and resources they need to start and grow their businesses – the perfect play.

How You Can Use the Funds

  • Grant funds are intended to be used for any legitimate business purpose.

Documents Required

  • All pages of the most recent business tax returns. If the business files a Schedule C, please submit all pages of your 1040 personal tax return including the Schedule C. If you don’t have tax returns because your business is between 3 and 12 months old, you need to upload one of the following:
    –Articles of incorporation for LLCs, S Corps, and C Corps
    –Sole proprietorship formation
    –Fictitious name statement or DBA
    –EIN registration
    –City, state, or federal license to do business
    –Relevant professional license
  • If the business is between 3 and 12 months old but does not have any of these documents, the business is not eligible for this opportunity.
  • A front–and–back color copy of the business owner’s government–issued identification [Acceptable identification includes a driver’s license, federal government employee ID card, passport, permanent resident card, alien resident card, or matricula consular]
  • All pages of the 3 most recent business bank statement [businesses that do not have an active business bank account are not eligible for this opportunity]
  • A completed W9 form

Eligibility Requirements

  • Eligible existing small businesses applying for a $10,000 grant and a free LegalZoom product or service valued up to $500 must:
  • Be based in the United States
  • Have been in business for at least 3 months and currently in operation
  • Have an annual revenue of less than $1 million
  • Have an active business bank account
  • Not be in an industry that has been identified as ineligible for this program
  • If in business for 12 months or more, must also provide most recent year’s business tax return
  • If in business for between 3 and 12 months and doesn’t have recent business tax returns, business must have one of the following
    –Articles of incorporation for LLCs, S Corps, and C Corps
    –Sole proprietorship formation
    –Fictitious name statement or DBA
    –EIN registration
    –City, state, or federal license to do business
    –Relevant professional license
  • Eligible emerging entrepreneurs applying for a free LegalZoom product or service valued up to $500 must:
    –Be based in the United States
    –Be an existing business in operation for less than 3 months or provide a summary of the business idea that the applicant intends to make official.
    –Not be in an industry that has been identified as ineligible for this program