FAQs

Frequently Asked Questions

For Applicants

How do I apply for the fund?

Companies interested in applying for the fund should apply online here. We strongly recommend that applicants save their application in a Word doc first, and then copy and paste their application information to the online app itself. 

What are the qualifications to apply for the fund?

Click here to view the criteria to apply for the AZ Local Impact Fund.

Is there a deadline to apply?

Yes. The deadline to apply for the AZ Local Impact Fund is 5 p.m. MST on Friday, April 17, 2020. 

How will I know if my application was received?

Applicants will receive a submission confirmation page followed by an email confirmation from contactus@venturemadness.com.

I keep receiving errors that my application has not been accepted. What do I do?

All fields are required to complete your application. Please limit longer responses to 125 words or less, otherwise you may receive an error message upon submission. If we require additional information, we’ll contact you directly. You can also try clearing out your browser history and refreshing the page.

If you’ve tried these fixes and are still having difficulty, please email us at contactus@investsouthwest.org and a team member will follow up quickly to help resolve the issue.

How are applications selected for the fund?

Applications will be reviewed by a screening committee consisting of a combination of key executives and board members from LeadMD, Invest Southwest and Startup AZ Foundation.

When will I be notified if I received a grant?

The first round of awarded companies will receive a notification by May 1, 2020, based on donation levels there may be subsequent applications selected through May 30th, 2020.

For Donors

How can I donate to the fund? 

Both individuals and corporations can donate online here. Donors who would like to contribute $5,000 or more can email contactus@venturemadness.com to receive wire instructions.

Is my donation tax deductible?

Yes. Contributions to the AZ Local Impact Fund are tax deductible and donors will receive a donation receipt for tax purposes. 

Is there deadline to donate the fund?

Yes. Donations will be accepted through 5 p.m. MST on Thursday, April 30, 2020.