Fee and contribution policies

Who we are

FirstSeed is a for-profit company, operated by [legal entity name]. It is not a charity or a nonprofit organization.

The $25 application fee

• Each application costs $25. One fee covers one application to one program for one quarterly cycle.
• Applying to two programs means two applications and two fees. Applying to the same program in a later cycle is a new application with a new fee.
• The fee is non-refundable, whether or not your application is selected.
• If you pay during the last 10 days of a quarter, your application is credited to the next quarter's cycle of the same program. The form tells you this before you pay.
• If the cycle your application is waiting on never opens, your application carries forward to that program's next quarter with no new fee.
• Application fees are FirstSeed revenue. They never count toward any program's funds.

Contributions

• Contributions are not tax-deductible.
• When you choose a program, your contribution stays with that program. Money never moves between programs.
• A contribution first fills the program's current cycle up to its goal. Anything beyond that is held in the program's reserve for future cycles.

Contribution refund requests

If you believe a contribution was made in error, send us a request through our contact form within [number] days. Include the email you used and your FS-C reference from the receipt. We review each request and reply within [number] business days. Approved refunds go back to the original payment method. Once a contribution has been awarded to a business, it can't be refunded.

Questions

Reach us through the contact form.