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Idea Cafe's Mary Marks MOM Biz Grant
Questions for Applicants
Important Note: There are very specific instructions for how your application needs to be provided in order to qualify, so check The Judging Process & Criteria.
Provide your contact information
Please list (each on a separate line) your name, email address, business name, street address, city, state/province, country, zip or postal code, and telephone number. Also list the first names and ages of your children.
Tell us whether
• This business is a new one you will start after receiving the grant, or
• This is an existing business.
Please answer all these questions
(make your answers just 1 to 3 paragraphs per question -- no longer!)
1. Please describe the primary product or service your business offers.
2. How will you use this grant?
3. What portion of the grant (if any) will you earmark for "fun," sanity or stress relief and how will you use that?
4. Describe a typical "day in your life" as a mother and as CEO of this home business.
5. As a business owner, how do (or will) you integrate (and separate) the business and the kid(s)? What's your plan for getting help with the kids when you need it?
6. Describe how much net income you personally will have to generate from this business to make it worth your while. How did you determine this? If the business can't generate this much income for you by at least year two, then what will you do?
7. If this is a new business, what are your startup costs?
(You may want to use Idea Cafe's Instant Business Budget Calculator to help you with this.)
8. Describe the market for your product(s) or service(s):
9. How do (or will) you reach this market, then make sales?
10. How did you set the price(s) for your product or service?
11. How do you handle the business accounting?
12. When things in business "go wrong" what do you do?
13. What are your projected business expenses?
Monthly for 12 months, then annually for 3 years.
14. What's your projected business gross income?
Monthly for 12 months, then annually for 3 years.
15. What is your business net profit or loss?
Monthly for 12 months, then annually for 3 years.
(If you like, you may combine #13, 14 & 15 into a single Profit & Loss projection.)
Optional question (to add some Idea Cafe spice to your application);
no points, but a stress reliever for applicants and judges.
16. What is your favorite food, and why?
Important Note: There are very specific instructions for how your application needs to be provided in order to qualify, so check The Judging Process & Criteria.
Links:
Criteria and process for judging
Instructions for references
Meet Idea Cafe's Honorary Panel of Judges
Back to description of Idea Cafe's Mary Marks MOM Biz Grant
See all the great gifts for winners donated by Idea Cafe Regulars
Find out how you can contribute!
Back to Idea Cafe's Small Business Grant Center home page
To see more grants--government grants, SBA, corporate, more private grants, enter Idea Cafe's Free Grant Center for Small Biz-a privilege for registered Idea Cafe Regulars only. GO!
How you can help Idea Cafe offer more grants:
1. Contribute whatever you can -- here's how!
2. Support the advertisers you see at Idea Cafe: the more response advertisers get here, the more they advertise at Idea Cafe; the more ad dollars we bring in, the more grants we can create!
3. Anything you can buy through Idea Cafe, do so. Like use this link to Amazon.com.
Remember, Idea Cafe IS a small business. We're doing our best to help other small businesses. So THANK YOU for helping us!
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