The grant amounts people request varies depending on the business. Applicants can request a minimum of $500 and a maximum of $10,000. Multiple applications per applicant are accepted in different review periods, but the lifetime maximum is $10,000. (For example, if Joe is awarded $3,000 in 2010 he can request up to $7,000 in subsequent applications).

If you are requesting $500 - $1,000 you are required to submit this application and the following supporting documentation:

• Proof of Mental Health Trust Authority Beneficiary Status
• Documentation of your dollar for dollar match. If a portion of your match is from DVR: You will need to show DVR approval.
• Resume
• Quotes and Specification sheets for items awarded funds will purchase.
• Business Plan that includes all the following parts:
  • Description of business
  • Operating plan
  • Financial management plan
  • Feasibility research
  • Profit and loss (3 yrs)
  • Cash flow (3 yrs)
  • Marketing Plan

Eligibility: To be eligible for a grant from the Microenterprise Fund, applicants must be an Alaska Mental Health Trust Beneficiary, as defined by the Trust:
a. People with mental illness: Statutory definition [AS 47.30.056(d)]:
b. People with developmental disabilities: Statutory definition [AS 47.30.056(e)]:
c. People with chronic alcoholism: Statutory definition [AS 47.30.056(f)]:
d. People with Alzheimer’s disease and related dementia: Statutory definition [AS 47.30.056(g)]
e. People with Traumatic Brain Injury

Applicants are required to provide documentation of their beneficiary status, with the submission of their application, which can be:

a. Medical documentation - from a Doctor and that includes a diagnosis;
b. Social Security Disability Insurance or Supplemental Security Income disability determination;
c. Vocational Rehabilitation Eligibility statement based on beneficiary disability type;
d. Other legal documentation of disability as deemed acceptable by the fund administrator