IGNITE Grant
Opens Jan 10 2023 10:00 AM (EST)
Description

The IGNITE Startup Grant is a $1 million dollar fund offered to high-growth companies looking to expand or locate in Prince William County. The award-winning IGNITE entrepreneurial program provides greater opportunities for funding, education, and networking during pivotal years for scaling startups and high-growth businesses.

Grant Amounts

  • $25,000 
    • Pre-revenue / startup phase 
  • $50,000 
    • Pre-revenue with institutional or investor funding, or
    • Post-revenue
  • $100,000
    • Active sales funnel for product and purchase orders from buyers
    • Business team in place
    • Other funding of at least $1,000,000

Minimum Requirements

  • Have a high-growth business model 
  • Be for profit
  • Stay in Prince William for three years after being funded 
  • Be current on all taxes 
  • Have at least a two-member team (preference for companies with one full-time member)
  • Awardees must either:
    • Currently reside in Prince William County, VA, or 
    • Reside outside of the NOVA EDA (Alexandria, Arlington, Fairfax City, Fairfax, Falls Church, Fauquier, Loudoun, Manassas, and Manassas Park)
Apply

IGNITE Grant


The IGNITE Startup Grant is a $1 million dollar fund offered to high-growth companies looking to expand or locate in Prince William County. The award-winning IGNITE entrepreneurial program provides greater opportunities for funding, education, and networking during pivotal years for scaling startups and high-growth businesses.

Grant Amounts

  • $25,000 
    • Pre-revenue / startup phase 
  • $50,000 
    • Pre-revenue with institutional or investor funding, or
    • Post-revenue
  • $100,000
    • Active sales funnel for product and purchase orders from buyers
    • Business team in place
    • Other funding of at least $1,000,000

Minimum Requirements

  • Have a high-growth business model 
  • Be for profit
  • Stay in Prince William for three years after being funded 
  • Be current on all taxes 
  • Have at least a two-member team (preference for companies with one full-time member)
  • Awardees must either:
    • Currently reside in Prince William County, VA, or 
    • Reside outside of the NOVA EDA (Alexandria, Arlington, Fairfax City, Fairfax, Falls Church, Fauquier, Loudoun, Manassas, and Manassas Park)
Apply
Opens
Jan 10 2023 10:00 AM (EST)