Cristina launched her dessert business, Kika's Treats, with a Start-Up loan from Opportunity Fund.
Five years later, she's thriving.
Start-Up Funding Challenge
The challenge is closed, thanks to all who applied!
Check back in May for an announcement of the winners.
Required to Apply
- Start-Up Funding Challenge 2013 Application
- 2011 personal federal tax return
- Current paystub and proof of income, if applicable
- And at least one of the following:
If the business has been generating revenue for less than 3 months: Business plan, including at least 1 full year of profit and loss projections.
If the business has been generating revenue for more than 3 months: Business bank statements for the last 3 months.
Do I Qualify?
|No bankruptcies in the last 2 years|
|On-time credit for the past 6 months|
|Either have a business plan, or in business less than 12 months|
|Related work experience|
|Have outside income, collateral, or co-signer|
|Your business must be located in Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara, or Santa Cruz Counties.|
|Your business must either be ready to launch within three months of March 31st (by June 30th), or have less than 1 year of sales at the time of application.|
|The following types of businesses will not be considered: bars/clubs, liquor stores, gas stations, adult entertainment, real estate investment, export businesses, research and development.|
Primary Selection Criteria
|Sustainability of your concept and your ability to continue operations.|
|Viability of your business to generate revenues and profits after financing.|
|Impact your business will have on the community.|
*Once selected for further review applicants may be asked to provide additional supporting documentation, which could include: collateral documents, additional financial information, etc.
**Business risks and needs will determine the size of the loan to be offered. If you would like to add a co-signer to strengthen your application, please have them fill out the "spouse/co-borrower" sections of the application.
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