What is The Reddix Rules Fund?
The Reddix Rules Fund is a grant intended to assist small women owned businesses affected by COVID_19 that were unable to receive a loan from the Payroll Protection Plan that exhausted funds of $349 billion dollars and or have been denied self employed unemployment insurance benefits from the VEC.
Dr. Angela Reddix is celebrating 13 years in business this year of 2020. In honor of those 13 years in business and in the wake of this global crisis Dr. Angela Reddix wanted to giveback to female entrepreneurs. The Reddix Rules Fund was established to provide financial support to 13 small women owned businesses during this time of hardship. The 13 recipients of this grant will be awarded $2,020 each to help minimize the financial disruptions that many are facing during the current pandemic.
When will the application portal be open?
The Reddix Rules Fund portal will begin accepting applications on Monday, April 20th at 3:00pm ET. through April 30th at 11:59pm ET.
Who is eligible to apply?
Majority small women-owned businesses in Virginia. We are looking for 13 female Solopreneurs. A solopreneur is a person who sets up and runs a business on their own. To qualify for this grant the business must be in good standing and incorporated as a legal entity, and be able to demonstrate that the COVID_19 pandemic is causing financial hardship. The recipient must not be receiving current benefits from the Payroll Protection Plan and must have been denied benefits from the VEC. The woman must work their business fulltime and not have other employment.
How much funding is available?
Between May 1st and May 13th, Dr. Angela Reddix, via The Reddix Rules Fund, will award 13 COVID_19 assistance grants to small women owned businesses in Virginia. Each grant will be $2,020.
How will the grants be awarded?
The Reddix Rules Fund will announce one recipient each day beginning on May 1st until May 13th. There will be a total of 13 recipients who will receive emergency aide of $2,020 each.
Where else can I apply for emergency assistance?
Who is Dr. Angela Reddix?
Dr. Angela D. Reddix is an award-winning business woman who has grown her healthcare management and IT consulting firm into a multi-million-dollar operation with over 100 employees in just over 10 years. She now shares her knowledge and insights here and in her upcoming book.
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From humble beginnings in Virginia, listening to the wisdom filled stories of her grandmother, Angela received a spark that would ignite her imagination and passion for leadership. Armed with faith, vision and instilled with confidence, Angela has actualized her dreams of success as a business leader.
Later this year, Angela will release her first book on leadership that shares the key principles to her successes and making her passion projects a reality. She will share her insights on becoming the leader that you desire to be, shaping a corporate culture that builds success, and how she overcomes life’s obstacles.
Not one to be limited to a singular pursuit, Angela has developed a devotion to creating the next generation of girl entrepreneurs and leaders. She is leading this social change by providing the blueprint needed for girls around the country to transform themselves into business owners and CEOs through her non-profit Envision Lead Grow (ELG).
In its first year, Envision Lead Grow touched the lives of over 400 girls. In 2019, Envision Lead Grow will visit 35 cities to train and develop over 600 girl bosses across the country. For 2020, ELG’s reach will grow even larger and reach 48 cities and 1,000 girl bosses.