Small businesses are the driving force behind innovation and economic growth. Lenovo is taking steps to support these vital enterprises through its Evolve Small initiative, offering a remarkable opportunity to help small businesses thrive. With the introduction of the AI business grant, Lenovo is equipping businesses with financial support, cutting-edge AI technology, and expert mentorship to foster success. Here’s everything you need to know about this exciting program.
Who Qualifies for the Evolve Small AI Grant?
If you are a small business owner in North America (USA or Canada, excluding Quebec), you may be eligible to apply. To qualify, businesses must meet these criteria:
- Annual revenue of less than $7.5 million.
- Employ 75 or fewer employees.
This grant is aimed at empowering small businesses to leverage AI to unlock growth opportunities.
What Do Winners Receive?
Selected grant recipients will receive:
- A $25,000 grant to support their business goals.
- A customized AI technology package valued at $10,000 to integrate AI tools tailored to their needs.
- Access to mentorship programs led by Goodie Nation and Chantel Cohen.
This comprehensive package is designed to provide both financial support and the technology required to drive innovation and efficiency.
When Will the Grant Contest Be Open?
The grant contest will officially open in early 2025. To stay updated and receive a notification when applications open, join the Lenovo Evolve Small email list. Being part of this email list also grants access to additional AI resources for small businesses.
What Is Goodie Nation?
Lenovo has partnered with Goodie Nation, a nonprofit organization renowned for fostering diverse founders and social entrepreneurs. Goodie Nation leads the Evolve Small Mentorship Program, which provides yearlong, personalized guidance to grant recipients.
Key features of this mentorship program include:
- Pairing each grant recipient with a Performance Partner, a dedicated business coach.
- Weekly huddles and monthly one-on-one coaching sessions to address challenges and goals.
- Coaching on critical business functions like sales, marketing, hiring, and technology.
- Building a community for knowledge sharing among grant recipients.
This program ensures small business founders receive the hands-on support they need to achieve sustainable growth.
Why You Should Apply
The Lenovo Evolve Small AI Grant Program isn’t just a financial boost—it’s a game-changing opportunity to:
- Leverage AI technology to modernize and streamline operations.
- Build a stronger foundation for long-term success.
- Join a network of like-minded entrepreneurs and benefit from expert mentorship.
If you’re ready to take your business to the next level, this program is the perfect opportunity to unlock your potential.
How to Get Started
To learn more about the program and sign up for updates, visit the Lenovo Evolve Small page: Lenovo Evolve Small.
Applications for the grant will open in early 2025, so don’t miss your chance to apply. Stay connected to make the most of this exciting initiative.
Lenovo’s Evolve Small AI Grant Program is your gateway to innovation and growth. With financial support, cutting-edge technology, and expert mentorship, small businesses can embrace the future with confidence. Don’t wait—prepare to apply and transform your business in 2025!