While the merits of each grant investment will vary, we evaluate projects according to the following eligibility criteria:

Personal Statement - Your request for funding should include a statement demonstrating how funding this project will provide gainful employment to individuals in Palm Beach County, stimulate economic growth, expand local business opportunities or aid in urban redevelopment.

Type and Location of Business – The Paragon Foundation will make grant investments in small and minority businesses located in Palm Beach County. To be considered for eligibility the business must be an existing business, registered in the State of Florida and domiciled in Palm Beach County.

Economic Impact - The impact of the proposed venture based on the number of jobs created or retained, the quality of jobs created, infrastructure created and other characteristics that provide growth in the local economy will be considered when determining funding eligibility.

Management Experience – We provide grants to passionate, committed and experienced entrepreneurs and management teams with a track record of proven leadership in the company’s specific industry or in prior entrepreneurial ventures

Owner Investment in Project – The owner of the company must have invested time and capital into the business venture.

Use of funds – The proceeds must be used for the specific purpose outlined in the application for funding. Proceeds may be utilized for a variety of uses including, but not limited to, start-up expenses for a new business, acquiring a profitable business, funding business growth or expansion or developing technology.