Everyday Entrepreneur Venture Fund
Catawba Valley Community College Entrepreneur Funding.
Do you want to Start a Business?
The CVCC Everyday Entrepreneur Venture Fund can help!
The CVCC Everyday Entrepreneur Venture Fund (EEVF) provides grants to support CVCC students and recent graduates by helping them to start their own business with grants of up to $5,000! We’ll help you develop your business plan, and you will have a chance to pitch to a funding committee for a start-up grant.
We are now accepting applications for our Spring 2023 cohort! Click the Application button below to get started.
Eligibility:
- You must be a current CVCC student with at least 24 credit hours or someone who has graduated from CVCC within the last 24 months (no earlier than May 2020), or a current SBC client.
- You need a business idea, which is possible to start within 16 weeks, or an existing business in its early stages.
- Your business must support at least one full-time job within 12 months of its start-up.
- The Spring 2023 application period is scheduled to open in October.
Requirements:
- Applicants will complete an application which will be reviewed by CVCC's EEVF advisors to confirm their eligibility and to assess business viability.
- You will work with our Small Business Center to assess the viability of your business idea and build a business plan and financial plan. You will meet a Small Business Center counselor six times to build and test your plan. Participants should be prepared to truly commit to the program and start a business.
You will work with CVCC EEVF advisors to create a:
- Lean Business Plan
- Financial Plan, including projected Profit and Loss and Cash Flow Statements.
- Funding Request, explaining how much money is being requested and how it will be used to further the business idea or business.
With the assistance of our EEVF advisors, applicants will use this information to create a presentation for our EEVF Funding Committee, which will be responsible for determining which businesses will receive grants and the specific grant amounts. Grant recipients will be required to secure an Employment Identification Number and open a business bank account before they can receive the grant.
You will also be required to meet with either a previous EEVF graduate or a small business within the community who can give you additional insight into what starting a business in your field entails.
Grant recipients will receive free mentoring assistance and be required to provide updates on their progress.
Need More Information?
Contact CVCC Small Business Center Business Counselor Lily Laramie, for more information.
Lily Laramie
llaramie902@cvcc.edu
(828) 327-7000, ext. 4112
The Everyday Entrepreneur Venture Fund is made possible through a partnership with the National Association for Community College Entrepreneurship (NACCE).
Learn more about the Everyday Entrepreneur Venture Fund.