Tapestry Project FAQs

Q: What is the difference between the Tapestry Project Innovation Registry and the Action Lab?

The Innovation Registry is an online resource to connect existing projects and innovations for Black business development with opportunities for funding and partnership.

The Action Lab provides monetary awards to collaborative projects, products, and services that work directly with Black businesses to address the 3 gaps.

  


Q: Is the Action Lab just for CDFIs, or is there opportunity for collaborations that include for profit entities as key collaborators?

Collaborators can be of diverse institutional types, but must include at least one 501c3 organization and a lender/CDFI with the capacity to provide capital that meets the needs of aspiring Black business owners.

  


Q: Can applicants submit the same program for the Innovation Registry and the Action Lab?

Yes, applicants can submit the same program for the Innovation Registry and the Action Lab as long as the program meets the eligibility requirements for both opportunities.

  


Q: Is the Tapestry Project a singular initiative, or will it recur on an annual basis?

The Tapestry Project is a single initiative that spans a 3-year period.

  


Q: When will the selected grantees be announced? 

All applicants for the Innovation Registry will be notified by October 1, 2018. Action Lab applicants who are selected for Round 2 of the application process will also be notified by October 1, 2018.

  


Q: What are the eligible uses of the $50,000 award?

The award may be used for any cost associated with execution of the proposal. Such costs may include: staffing, convening, etc.

  


Q: Are there any limits on the types of organizations that can participate in the Action Lab? For example, can municipal governments participate in the program?  

Collaborators can be of diverse institutional types, but must include at least one 501c3 organization and a lender/CDFI with the capacity to provide capital that meets the needs of aspiring Black business owners.

  


Q: Will projects that include rural areas be considered?  

All projects will be considered, provided they meet the eligibility requirements.

    


Q: Can proposals for the Action Lab include multiple cities?

Activities must be focused on a defined community, region, demographic, or segment. Proposals that include multiple cities must specifically target a particular demographic or a defined community within each city.

  


Q: Will multiple Action Lab applications from the same organization be considered if each application is for a separate project in a different city?

Yes, AEO will evaluate each project separately.

    


Q: Is each Action Lab application required to have at least two partner organizations?

Yes. The Action Lab is designed to support collaborative programs.

  


Q: For Action Lab applications, do collaborators need to have an existing history working together can this be a new partnership?

No. The Action Lab supports the testing of new models. However, each collaborator should be able to demonstrate a track record of documented outcomes and impacts associated with their current projects, products, or services.

  


Q: If accepted, will AEO connect participants to other organizations or require participants to work with other accepted organizations in each city?

Applicants that are selected for the Innovation Registry will have opportunities for matchmaking and storytelling in order to foster connections with other organizations. Action Lab participants are not required to work with other accepted participants.

  


Q: Are Action Lab proposals with more partnering organizations rated more highly than proposals with 2 or 3 partners?

No. Each application will be evaluated on the basis of its ability to create impact in relation to the 3 gaps.

  


Q: If an organization intends to work with other organizations, how should the information from all parties be shared?

All parties within collaboration can be listed in the Action Lab application. The Action Lab application provides fields to enter the information of multiple collaborators. If you intend to submit a collaborative program for the Innovation Registry, include the collaborator information in the “approach” segment.