Incubator Program
The Incubator Program is available for those who have completed GUMA's Training & Mentoring Program. Through this, you can apply for startup funding and more training & mentoring from experienced local business owners.
To be considered complete, your application package must include the following:
1. GUMA Incubator Application Form (.pdf)
2. GUMA Incubator Budget Form (.xlsx)
3. Copies of supplier quotations (.pdf or .jpg)
4. SBDC Financial Model (.xlsx)
5. Business Plan (.docx or .pdf)
6. Current Guam Business License (.pdf or .jpg)
7. Resumes of Key Personnel (.docx or .pdf)
8. Brochures, portfolios or other company literature (.docs or .pdf), if available
Missing any of the required forms or documents will disqualify the application for further consideration. It is highly recommended that you begin your application as early as possible so you have adequate time to compile and prepare all the necessary information and still have some time before the deadline to make sure you aren’t forgetting anything.
Application Process
1
Complete GUMA's Training & Mentoring Program
Complete GUMA's 16-week Training & Mentoring Program and obtain your Certificate of Completion. In this course, you will learn vital information for small business development from experienced business owners and professionals. For more information on the Training & Mentoring Program, click the button below.
3
Build and Finalize your Business Documents
During the Training & Mentoring Program, you will have learned how to put together a functional Business Plan, Summary of your Business, and your Company Literature (Mission Statement, Core Values, Vision). These documents are required for you to continue applying for the Incubation Program's Grant Funding.
4
Collect Expenses
You will be required to complete GUMA's Budget Form for all expenses you intend to use the grant money for if awarded. You will also be required to submit vendor quotations for all purchases you intend to make if awarded. Please download the form and view quote samples by clicking the buttons below.
5
Collect Documents
Collect job resumes from your key personnel (i.e., owners/co-owners, managers, etc.). If available, also include company literature (i.e., brochures, pamphlets, business cards, etc.). Include these documents in your application packet.
6
Review your Business Plan and Financial Model with SBDC
GUMA requires all applicants to review your submission with your SBDC advisor to revise their business plan and Financial Model if needed. Click the button below to visit their website!
**Please plan accordingly to ensure your advisor has adequate time to meet with you and address any questions or concerns you may have.
8
Turn it in!
Application deadline:
August 29, 2025 at 11:59 PM
Late or incomplete packets will not be considered. Missing any of the required forms or documents will disqualify the application for further consideration.
Submit completed packet via email to
info@gumaguam.com and cc monicaguzman@galaidegroup.com
In‐person submissions are by appointment only, please call (671) 646‐3448 for details.
You will receive confirmation from the GUMA team on the status of your application.
9
"Shark Tank"
You will be required to give a presentation of your product or service to our Board of Directors. Contact the GUMA Office to learn more of what may be required during Shark Tank Presentations.
Shark Tank scheduled for October 2025
10
Awarding
If awarded, GUMA will contact you to discuss the award process further.
Please note that GUMA does not give funds directly to business owners through this program. GUMA will order the business's requested items and arrange delivery.
11
Incubation!
If awarded, GUMA will check in with you annually.
You will also have access to experienced business owners' wisdom to help guide you through the process of owning and operating a business!