Application Process

All persons applying for the OWN Bahamas program must provide ALL of the following below via the ONLINE APPLICATION:

  • Brief Bio
  • Outline plans detailing their goals and aspirations for expanding the Bahamian economy
  • Legible copy of their passport
  • Passport Photos
  • 2 Character References

Once in receipt of the above documents, the OWN Bahamas selection committee will review the application.
Through a rigorous selection process, ten (10) candidates will be shortlisted to present their ideas and business
plan during a formal interview with the selection committee. The committee will then select: (2) Recipients who will be awarded $25,000.00 each,(8) Recipients will receive $5,000.00 each and all (10) successful applicants will receive paid enrollment into The College of The Bahamas “How To Start a Small Business” and “Small Business” certificate courses.

Checklist for Business Plan submissions of Own Programme

All applicants seeking grants for creative businesses, must meet the following criteria:

  1. Completed Application Form
  2. Business Plan must be signed off by an independent qualified accountant
  3. Must have submitted a 3 year financial projection
  4. Once accepted, must complete an interview by an independent panel of judges.

Terms and Conditions

  • We reserve the right to use any/all information submitted for PR purposes to enhance future growth of the Foundation.
  • We reserve the right to revoke grant if information submitted is fraudulent in nature.
  • Judges decision is final.
  • Submissions will receive a response within 30 days of submission.
  • Submissions are not guaranteed approval

Applicants Must submit online applications

Criteria

  • Must be a Bahamian citizen
  • Must 18 yrs and over

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ilcares

Established in 2014, the IL Cares Foundation (ILC) has now become the sole source of Island Luck’s charitable works and the continued goals and efforts of Island Luck will be realized through the successful economic empowerment programs of the ILC.

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