The Knot Worldwide Launches $500K Grant Program to Support Small Businesses

Small businesses in the wedding industry can receive mentorship and free advertising from the industry giant.

BY KAYLA WEBSTER, STAFF EDITOR

The wedding industry may be resilient to recession, but that doesn’t mean the small businesses that fuel it couldn’t use a little help growing their company in this challenging economy. To give them a boost, The Knot Worldwide announced plans to provide $500,000 in grants to help scale the small businesses their platform supports.

The Knot plans to choose awardees through an evaluation process that focuses on business need, growth potential, and operational readiness. Ultimately, having a “strong vision” for scaling the business with a clear blueprint on how to make it happen is crucial to the selection process, a spokesperson from The Knot says. The maximum grant a single business can receive is $50,000. The company........

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