Cleveland Rocks Music Incubator Program
What is the Cleveland Rocks Music Incubator Program?
CR:PPF Music Incubator is part of the Neighborhood Connections Entrepreneur Incubator Initiative and offers a low-interest loan with manageable monthly payments and a simple, accessible application process. It is designed to work for people who may have had no prior experience with any form of business financing, or who may simply need some resources to help get a project going.
We are offering low-interest loans up to $2,000 for Northeast Ohio musicians and music professionals.
How does the program work?
- Meet with a Cleveland Rocks team member to learn about the CR:PPF Music Incubator program.
- Work with a mentor to prepare your business plan and loan application.
- Attend support meetings twice per month.
- Continue working one-on-one with your mentor throughout the life of the loan.
- Complete 12 monthly payments.
What are the benefits of the program?
- 12-month business loans at 1% interest
- Mentor support
- Networking opportunities
- Business planning
- Marketing help
- Legal, tax, and financial advice
What types of projects qualify for a loan?
Eligible projects include but are not limited to:
- Equipment purchases
- Merchandise purchases
- Studio time for upcoming releases
Who is eligible to apply?
If you are 18 years or older and are an active member of Northeast Ohio’s music community, you are eligible to apply for a microloan.
You will work with a mentor who will be your point of contact for questions regarding the CR:PPF Music Incubator Program. Your mentor will also provide support on basic business issues. Additional support is offered when groups of mentors and loan recipients meet at the hour-long, twice-monthly group meetings. Loan recipients are encouraged to network with each other throughout the year.
No. Grants are not part of this program.
Your name and address, basic information, and an outline of the business idea will be required.
Credit status is not a consideration for the CR:PPF Music Incubator Program. Rather, it is the business idea and your commitment to participate in the program that will determine if a loan is approved.
CR:PPF Music Incubator is part of the Neighborhood Connections Entrepreneur Incubator Initiative
Apply to the CR:PPF Music Incubator Program
Fill out the information below and a Cleveland Rocks team member will reach out to you to set up an interview.