Santander Consumer Foundation Grant

Santander Consumer USA logo

Are you currently enrolled at MCC? Have you been admitted or are you considering enrolling in the Green Flag program? If so, there are grants available to help your entrepreneurship get off the ground and running. The Santander Consumer USA Inc. Foundation (SC Foundation) awards a $70,000 grant to the Maricopa Community Colleges Foundation to support low-income and underrepresented student entrepreneurs. This grant is available for the current academic year and is open to any student currently enrolled in the Mesa Community College Green Flag program.

The Foundation’s support of the East Valley helps eliminate major financial barriers of business startup costs and provides educational stipends for up to 10 low-income and underrepresented MCC student entrepreneurs. The grant increases equity and access to the tools, training, and seed money required to launch new small businesses and grow career opportunities in the East Valley.

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Qualifications:

  • All students currently enrolled at Mesa Community College are eligible for the Green Flag Program. Any student accepted into the Green Flag Mesa Business Center can apply for the Santander Consumer Foundation 2021/22 Green Flag Grant.
  • Those students who are traditionally underrepresented in higher education and business ownership including African Americans, Latinos, American Indians, low-income, first-generation students, and women will receive priority consideration.
  • Students who are currently operating or are prepared to file legal paperwork to set up a viable business venture.
  • Maricopa Community College students must remain enrolled at Mesa Community College for at least 24 months after being accepted to the Green Flag Mesa Business Center.
  • Maricopa Community College students that follow the program guidelines and are actively working toward building their business to financial independence within 24 months.

Disbursement:

Recipients will receive a maximum amount of $5,000 to be distributed at the discretion of the Selection and Disbursement Committee. Grant funds can only be used for education expenses, business start-up expenses, legal fees associated with name registration, trademark registration and intellectual property protection, website development, annual website hosting, social media exposure, SEO, marketing, and required equipment and supplies, Mesa Chamber of Commerce membership fees, and participation fees for Mesa networking groups, events, and other business community events. Additional business-related expenses can be considered by the Selection and Disbursement Committee.

Green Flag participants that qualify for grant funding will be entitled to manage their own grant expenditures by selecting from a menu of approved business expenditures.

Each approved expenditure will have a predetermined maximum expenditure and the total amount of all expenditures cannot exceed $5,000.

Contact

For more information, contact Dan Piercy.