Business grants are a set amount of money that can be obtained to assist your business. They’re similar to loans, but the main difference is that you do not have to repay anything. Since they are targeted at specific types of businesses and industries, such as the medical and technology industries, business grants can be difficult to get.
When you receive a grant, you will be informed of the rules for how you can spend your money.
You shouldn’t be discouraged by this fact, because there are still ways to obtain a grant.
Here are the results:
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- Grants.govGrants.gov, an E-government initiative under the Office of Management and Budget was established in 2002. It provides a central location for people seeking grants for their businesses. Grants.gov has information on more than 1000 grant programs. They also have a lot of knowledge about grant fraud, terminology, and how grants work. Grants.gov is the best place to find business grants. It’s easy to use, has a lot of information, and is beginner-friendly.
- seedfund.nsf.govYou should consider a seed funding if your business relies on science, technology, engineering and mathematics. Seed funds can provide up to $2M over 36 months, which will help your business to grow in the direction you had envisioned. You can focus on creating your product and service, since you will receive monthly financial reports. You don’t need to move anywhere to get their money, as they fund startups everywhere. You can also find out on their website if you qualify for the rewards.
- sba.govSba.gov offers a variety of grant programs for businesses, including the Covid-19 Relief Grant Program.
SBA offers grants to organizations in the community that promote entrepreneurship. This includes veteran-owned and service-disabled-owned businesses. You may be able to find grants that will help you start or expand your business.
- The SBIR and STTR ProgramsSBIR and STTR are designed to fund small businesses that engage in federal research and developments. Both programs require partnerships in research, and STTR requires you to work with a non profit research institution during the first two phases of their program.
- Patagonia Corporate Grants ProgramPatagonia’s grant program is different from others in our list because it focuses on environmental projects and programs. There is a local grant and an international grant if you’re not in the United States of America or Canada. Patagonia is a great place to check out if your organization or small business fits their criteria.
- Nav’s Small Business GrantNav’s $10,000 quarterly small business grant is unique, since your business can be anything as they support all businesses. To enter their quarterly contest you must write a blog post and share it on social media to encourage your friends to vote. Even second place will get a $5,000 grant if you win! There’s nothing to lose by trying to win Nav’s quarterly business grant
- Amber GrantThis grant is unique as it only applies to women-owned businesses and can be used for any kind of business. The grant application process is also easy, since you don’t have to fill in any forms. You just need to talk about your dreams and goals for your business.
- NASE Growth GrantsNASE members can apply to the grant program. It is worth it to apply if you’re a NASE member, even if not everyone gets accepted.
- Fastbreak for Small BusinessLegalZoom has teamed up with the NBA, WNBA and NBA G League to offer grants to small business owners who are underserved or underrepresented. This program offers grants up to $10,000 and is open twice a years.
The conclusion of the article is:
Grants for business are available online, through local networks and from the government. Don’t forget to seek help if you need it. You have a number of opportunities available to you. We hope that this list of grants for business will help you grow your business and achieve the success you desire.