Self-Employment

Would you like to own your own business? Grant funds are available for qualifying people with disability and their families. Monies may be used for costs associated with starting a new business, expanding a current business or acquiring an existing business.

Who Qualifies?

• Recipient must qualify as a Alaska Mental Health Trust Beneficiary.
• The business must meet the definition of a microenterprise, which is a business with total capital needs of not more than $35,000 and fewer than five employees.

Allowable uses of grant awards

Allowable costs include but are not limited to: business license, insurance, permits, inventory, raw materials to make a product, equipment, supplies, rent or lease for space to offer a service or product, utilities, furnishings, marketing activities, transportation costs not related to vehicle purchases, accounting services and training/support services.

Qualified individuals can request anywhere from $500 - $10,000 ($10,000 lifetime limit).

Resources: