MOBAK GRANTS

The MOBAK Grant provides a one-time grant of up to $5,000ttd to assist a young adult aged 18 to 29 years old achieve their dream. The grant will be awarded to an individual seeking funding based on a request that falls under 1 of the 4 reasons:

1. Assistance to start, build, expand or restart their own business.
2. Assistance to cover a school related expense that is not covered or available by GATE funding or any other funding or scholarship.
3. Assistance to cover a short-termed/unexpected living expense i.e. emergency rent, moving expense
4. Assistance to help cover a sport-related expense including equipment, airfare or training course

Application Rules

• An applicant can only receive a grant once every 12 months.
• Grants must be used for the designated expense

Persons must request the grant Application Form through by:

a) Sending an email to admin@mobakfoundation.com requesting an Application Form for the grant
b) Sending a message via direct messenger through one of the Social Media links of the Foundation

Applications must be submitted no later than 4:00pm on the 25th of the month preceding the grant. i.e. Grants requested for July,2020 MUST be received no later than June 25th, 2020

Funding:

Funds must be used for the purposes designated or it will have to be returned.
Note that this is a grant and NOT a loan so the only repayment expected from the recipient is a picture for the files of the Foundation and a Thank You.