Cannabis business grant applications open until October 19
The NuLeaf Project, Prosper Portland’s partner in its Cannabis Business Development Program, is accepting applications for a grant program designed specifically to help cannabis businesses owned by people of color achieve greater success.
The NuFuel program will award annual grants to businesses in the amounts ranging from $5,000 to $30,000. The NuLeaf Project is now a member of the agency’s Inclusive Business Resource Network which delivers services to priority business owners.
To qualify for the grant, applicants must be operational cannabis businesses headquartered in Portland, Oregon with at least 51% ownership by people of color. Grants are intended to address the capital, education, and connection hurdles that people of color face when entering the cannabis industry. For complete application information visit nuleafproject.org. Applications are due Friday, October 19. Businesses are encouraged to apply as soon as possible to fast-track their applications and receive funding early.