Royal Caribbean Group has partnered with the Pan American Development Foundation (PADF), a regional non-profit organization, to manage a grant-making initiative for local businesses affected by COVID-19. Please see below for eligibility criteria and additional program details.
Who can apply?
This program is by invitation-only. The invitation, however, does not guarantee a grant. Unsolicited applications will not be considered. You are encouraged to participate even if you have received support from another funder or via fiscal incentives such as tax breaks. You can only submit ONE application per business.
Eligible local business:
PADF will prioritize small, local businesses critical to the cruise experience. Applicants should share a sound plan outlining how funds will be used to maintain their business afloat and have strong possibilities to continue operating when cruising resumes.
Evaluation criteria include:
PADF will evaluate the applications that meet the eligibility requirements on a rolling basis beginning on April 30. All requests must be submitted by July 30. PADF will consider recommendations made by Royal Caribbean Group. However, PADF will make all final decisions relating to the Program and grant awards at its sole discretion. PADF will reach out to pre-selected applicants eligible for the next phase. PADF will also communicate to non-eligible participants the results of the process.
Selected local businesses will have to provide supporting documentation (e.g., bank statements) before receiving support from the fund.