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2018 Small Business Grants For Entrepreneurs

Business grant recipients Small business grants are financial awards available to entrepreneurs and business owners who typically have fewer than 500 employees. The funding can come from a government agency, a non-profit organization, or another for-profit company. Awards typically range from $500 to up to $100,000.

Eligibility varies, and can depend on your location, your income, your ethnicity, your gender, your experience in business, as well as your longevity in business. Some small business grants can even require that you participate in a competition or write an essay to demonstrate your talents or need.

Grant funding is often provided to further the growth and development of small businesses - thus the term "Small Business Grants." Other grant programs are created to assist disadvantaged minority-owned businesses - thus the term "Minority Business Grants."

Grant funding (fully or partially) essentially means that the money that an applying entrepreneur receives is not considered as a part of his or her own risk. In other words, it’s completely risk free. The amount granted does not have to be repaid. This is much different than a business loan, which does require repayment with interest.

However, they are typically stipulations that grant recipients have to follow. Grantors usually require that the funding be used as indicated on the grant application, and in some cases (especially for large grant amounts), regular reports have to be made to the grantor to show that the grantee is using the funding appropriately. Some programs, though, have no stipulations at all, and how the funds are used is entirely up to the recipient.

Here are some of the top small business grant opportunities for US-based businesses:

Amber Business Grants For Women Dare to Dream Grant Program
DOT Disadvantage Business Enterprise Program Fedex Small Business Grant Contest
Huggies Mom Inspired Grant Program Intuit "Love Our Local Business" Competition
Miller Lite Tap the Future® Business Plan Competition Minority Business Development Agency (MBDA) Business Grants
National Association for the Self Employed (NASE) Growth Grants SBIR and STTR Grant Programs
Small Business Administration (SBA) Funding Programs StreetShares Foundation Veteran Small Business Award
USDA Rural Business Development Grants VetFran Business Grant Fund
Women's Business Center (WBC) Grant Program  


The Latest News About Small Business Funding and Grants:

Wednesday, October 17, 2018

$10K Small Business Grant Now Available Through Nav.com -- Deadline to Apply is December 15th

Nav business grant recipients

Nav.com, a free site and app for small business owners to access their business credit scores and get matched to financing options, announced it is hosting its 3rd Small Business Grant, in hopes of helping businesses facing financial burdens or challenges.

Saturday, October 13, 2018

$5 Million Awarded to Organizations That Provide Assistance to U.S. Small Businesses


Thirty-two community-based organizations that support low-income entrepreneurs are set to receive a combined $5 million in grants from the U.S. Small Business Administration's Program for Investment in Micro-Entrepreneurs (PRIME). The grants are expected to help them further give assistance to small businesses in gaining access to capital to establish and/or expand their business.

Friday, October 5, 2018

Alcentra Teams Up With Funding Circle to Lend $1 Billion to U.S. Small Businesses

Funding Circle and Alcentra Partnership

Funding Circle, a small business financing startup, and Alcentra, the private credit arm of Bank of New York Mellon, have joined forces to support and fund small businesses in the United States. Their strategic partnership is expected to fund up to $1 billion to about 8,000 small businesses in the U.S.

Thursday, July 26, 2018

Department of Energy Provides Grants to Advance National and Energy Security

Department of Energy Provides Grants to Advance National and Energy Security
The U.S. Department of Energy will be awarding 95 grants totaling $95 million to 80 small businesses in 26 states. Small businesses that demonstrate technical feasibility and are open for innovations are invited to apply.

Tuesday, July 3, 2018

20 Small Businesses Will Share The $1.8 Million Grants From NYC Love Your Local Program

20 Businesses Will Share $1.8 Million Grants From NYC Love Your Local Program

The Department of Small Business Services has launched a program called Love Your Local that will help small local businesses continue providing jobs, goods, and services that make the neighborhood vibrant. Aside from cash grants, winners will also receive free consultation about their business. Applications are due on July 17th, 2018.

Saturday, May 19, 2018

One Savvy Entrepreneur Will Win $50,000 Grant in the Hatch Detroit Contest


In its eighth year, Comerica Hatch Detroit will be giving away $50,000 to another one deserving small business entrepreneur looking to open up a retail space in Detroit, Highland Park or Hamtramck.