AUSTIN, TX — Siete Foods, a better-for-you Mexican-American foods brand, has opened the application period for its Juntos Fund. Applications are open to the first 400 eligible applicants or until July 1.

The Siete Juntos Fund supports Latino communities and businesses by providing the resources and support needed to thrive. This year, $300,000 total funds will be awarded to Latino-owned food and beverage establishments across the country.

The first-place recipient will receive $75,000, the second-place recipient $50,000 and the third-place recipient $25,000. The remaining $150,000 will be distributed among recipients, with no prize less than $10,000 per business.

To qualify, a business must be 50% Latino- or Latina-owned and have an annual revenue of at least $50,000 and a maximum of $2 million. Qualifying candidates are also approved and authorized to do business in the US for at least two years.

Applications must be submitted through the application form.