Running a small business is a demanding venture, and securing the necessary funding can be one of the biggest hurdles. Traditional banks often overlook the needs of small, local businesses, making it difficult for entrepreneurs to get the support they need to grow.
Recognizing this gap, Square has introduced the Cornerstone Grant Program. This initiative is designed to provide not just capital but also the expert guidance that small businesses need to thrive. If you’re a small business owner looking for a financial boost and valuable mentorship, this program could be the opportunity you’ve been waiting for.
What is the Cornerstone Grant Program?
The Cornerstone Grant Program is a new pilot initiative from Square designed to support local businesses, particularly those in communities often underserved by traditional financial institutions. The program’s mission is to provide entrepreneurs with the resources they need for sustainable growth, helping both their businesses and communities prosper.
This initiative builds on Square’s extensive experience in small business lending. More than half of all Square Loans in 2024 were given to businesses in states with the lowest small business loan approval rates, demonstrating a commitment to reaching entrepreneurs who need it most.
What does the grant include?
Selected businesses will receive a comprehensive support package designed to make a real impact. This includes:
- A $10,000 grant deposited directly into your Square Checking account.
- One-on-one financial guidance for a full year from a certified public accountant.
- Financial therapy sessions with a board-certified therapist to help manage the stresses of entrepreneurship.
- Business technical assistance and access to valuable nonprofit resources and networking opportunities.
This combination of capital and expert advice provides a blueprint for growth, addressing both the financial and operational challenges small businesses face.
Who is eligible to apply?
The Cornerstone Grant Program is open to small businesses that meet specific criteria. To be eligible, your business must:
- Be a current Square seller with at least six months of transaction history.
- Be based in the U.S. and have fewer than 20 employees.
- Qualify as a small business under SBA guidelines.
- Have a gross annual revenue under $2 million.
Applicants must also be legal U.S. residents, and the business cannot be in bankruptcy or involved in an active lawsuit.
How to Apply for the Grant
Ready to take your business to the next level? The application process is straightforward. Eligible businesses can apply here through the official Square small business grant page.
The deadline to submit your application is Sept. 30, 2025.
Grant recipients will be selected by a review panel and announced in November 2025.
Take the Next Step for Your Business
The new Square small business grant offers a unique opportunity for mentorship, visibility, and long-term support. If your business meets the eligibility requirements, this grant could provide the critical resources you need to achieve your growth goals. Don’t miss out on this chance to invest in your business’s future.
