Members Emergency Fund Program
Welcome to the Midlands African Chamber's Members Emergency Fund Program. At the Midlands African Chamber (MAC), we take immense pride in fostering a community that thrives on networking, marketing, and educational resources.
By providing our valued member organizations with the tools they need, we empower them to fulfill their missions, thereby contributing to the betterment of the entire community. We are thrilled to introduce the MAC Emergency Fund, a crucial initiative aimed at providing unwavering support to our members during times of crisis. Members can apply for and receive up to a one-time $1000 grant for their emergent business needs if they qualify.
Supporting BIPOC Communities in Nebraska and the Midwest
Dedicated to serving the BIPOC (Black, Indigenous, and People of Color) communities in Nebraska and across the Midwest, the MAC Emergency Fund stands as a beacon of hope during challenging times. We understand the unique hurdles faced by small business owners, and our commitment lies in ensuring that our members receive the assistance they need to navigate through crises while maintaining their business operations.
Our Mission and Commitment
Our fundamental mission is to connect, empower, and champion black businesses. We believe in the transformative power of unity and collaboration, and the MAC Emergency Fund embodies our dedication to standing by our members when they need it most. We recognize that unexpected events can jeopardize the very foundations of a business, and our goal is to ensure that our members are well-equipped and well-supported to ensure the continuity of their operations.
Key Features of the MAC Emergency Fund
Rapid Assistance
The MAC Emergency Fund is designed to provide swift financial assistance to our members during times of crisis. We understand that urgency is often of the essence, and our streamlined application process ensures that help reaches those who need it without unnecessary delay.
Business Continuity
Small businesses play a pivotal role in our communities, and the MAC Emergency Fund is here to ensure that our member organizations can weather the storm and continue serving their customers even in the face of adversity.
Resourceful Network
The power of our network lies in its ability to come together in times of need. The MAC Emergency Fund not only provides financial aid but also connects our members with valuable resources, support, and advice to navigate their way through challenges.
Community Strengthening
By aiding our members in times of crisis, we collectively contribute to the strengthening of our community. Every business that we support through the MAC Emergency Fund becomes a symbol of resilience and determination.
Emergency Funding
This program is for small business owners that are facing hardship including business closure due to lack of resources to pay immediate business eligible expenses.
Eligibility Requirements
The applicant must certify that they have experienced an emergency business financial hardship and will provide all documentation requested. We will provide feedback within fourteen (14 days) of the application submission date. (Additional documentation may be requested).
- Must provide proof of Business Registration
- Must provide a copy of previous year’s tax return.
- Must provide a Business Budget
- Proof of financial need
Application Review
Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses.
Eligible expenses include:
- Paying rent and utilities
- Meeting payroll
- Paying outstanding debt to vendors
- Upgrading technology infrastructure
- Other immediate operational costs
In these challenging times, the MAC Emergency Fund reflects our unwavering commitment to stand by our members. Together, we can overcome any hurdle and emerge stronger than ever. Join us in making a difference, supporting one another, and reinforcing the bedrock of our community. If you're a member of the Midlands African Chamber and find yourself facing a crisis, remember that you're not alone. Reach out to the MAC Emergency Fund and let us stand by you.