Grants for Young Entrepreneurs

Applicants

1. Must be between the ages of 16 to 35 years of age to apply. (Proof of age will be required.)
2. Must be an American citizen or have a US Visa status of E-2.
3. Must provide a workable business plan or proposal for the use of grant money. AT may request revisions to this plan/proposal before grant is approved.
4. Where more than one business partner or investor is involved, the principal applicant to the program must be significantly involved in the management of the business. Not all business partners must be eligible youth, but the principal applicant must be 18-35 years of age and meet all eligibility criteria.
5. The applicant must be actively involved in all aspects of the business and a priniciple figure in the planning, manangement, and running of the business.
6. May apply more than once, but may not recieve the AT GYE for the same business twice.

Business Ventures

1. Must be based within the United States.
2. Business may be either a physical “brick and mortar” establishment or an online venture.
3. Does not need be a new venture. Applications for grants pertaining to established businesses will be considered.
4. Must be a business created for the purpose of making a profit. 501(c)3 organizations will not be considered.
5. Must demonstrate through the business plan/grant proposal that the venture has a reasonable chance of success. AT may request revisions to this plan/proposal before grant is approved.
6. Must not have recieved an AT GYE in a previous year. Applicants may apply more than once for separate business ventures or multiple times for the same venture if not approved. Each business may recieve the grant only once.

Applications for the AT GYE will be reviewed and assessed 4 times a year – once per quarter.

When an application and comprehensive business plan/proposal has been submitted to Argent Technologies, LLC:

1. Applications will be initially assessed for applicant and business eligibility and the business plan/proposal will be assessed for viability.
2. Applicants may be contacted by the Program Administrator or other AT employee to discuss any additional information needed for the assessment of the application/business plan or proposal and/or revisions requested by AT.
3. Applications will then be reviewed by the AT GYE Committee once per quarter.
4. Applicants will be notified by email of the final decision on the application. If an application is approved, the applicant will recieve further instructions in this communication.

Your application will be placed in one of the following categories after assessment:

Approval: Your application meets all eligibility requirements and your business plan/proposal has been assessed as viable. No further information or documentation is required to proceed. Argent Technologies has chosen your application to recieve the AT GYE and you will recieve further instructions.

Conditional Approval: Your application is still under consideration. Additional information or documentation may be requested to confirm that you meet all eligibility requirements and that your business plan/proposal is viable. Revisions to your business plan/proposal may be requested by AT at this juncture. You will be provided with a deadline to submit the requested information or documentation before a final determination of your application’s suitability for funding can be assessed.

Rejection: Your grant application has not been approved and is no longer under consideration. You may re-apply at any time.

You may contact Argent Technologies, LLC for more information about the AT GYE:

Email: deamikeworth@argenttech.net

Phone: 618-553-8945 (Please leave a message and we will return your call promptly)

1. Officers of the program will make all necessary investigations in reviewing this application to ensure the information provided is true and complete.
2. Applicants may be requested to provide additional documentation that is required to verify program eligibility requirements.
3. Grant recipients may make a public announcement related to the approval of this grant.
4. Argent Technologies, LLC, may use information pertaining to approved individuals and businesses (to include, but not limited to: individual’s name, business name, excerpts from the application, etc) in advertising for Argent Technologies, LLC, and for the AT GYE.
5. Argent Technologies, LLC, may not release sensitive information (including, but not limited to: individual’s social security number, business’ Tax Payer Identification Number, etc) pertaining to the individual applicant or business.
6. The officials responsible for the AT GYE have the authority to assess each application on its individual merits and will exercise their absolute discretion in determining the amount of grant funding approved for each business.
7. Payment made to the applicant/business will be taxable income in the year grant is issued to the individual/business. Applicants must provide a W-9 to AT, LLC. AT, LLC will provide a 1099-MISC to grant recipients no later than February 1 of the year following grant reciept.