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Everything To Know About
Small Business Grants and More

What To Know

How To Get Small Business Grants

Small Business Grant WinnersThere are tons of financial assistance programs available to entrepreneurs and business owners in the United States. Eligibility varies, but there are enough opportunities for everyone to pursue. You just have to be diligent, persistent, and consistent in your quest.

Below, you will find 10 great suggestions on how to apply for and obtain funding for your business:

1) Check With Your Local Government Agencies. Many cities, counties, and states give away money to local businesses. Why? Because they want you to create jobs and more tax revenue. Many times they won't highly publicize these opportunities, but it's in your best interest to give them a call and/or search their web sites.

2) Check With Federal Government Agencies. The federal government doesn't give grants directly to businesses, but they do give money to foundations who in turn can give money to small businesses. The federal agency in charge of this is the Grants Program Management Office, and all of their opportunities are listed publicly online.

3) Check With Major Corporations. Nearly every major corporation in this country has a foundation that gives away grants to enhance communities, and many of these are grants to start or expand a business.

4) Search The Internet. Use Google and Yahoo to conduct a search using the term "business grants". You can even throw in the name of your city, county, state, etc. Carefully review the results, and look for web sites that other web sites are linked to. Doing so, will help you to find opportunities that may be casually listed on a blog or some type of directory. You may even come across a recent news article about a new opportunity.

5) Ask Around. When attending professional networking functions and social mixers, never hesitate to ask people that you meet about new opportunities. Many times, small business grants are given away to people who happen to be in the right place at the right time. Never underestimate the importance of creating a relationship with a power player and his/her associates.

6) Visit Your Local Library. Contrary to popular belief, libraries are still an excellent resource and store a lot of information that is not accessible in other places. Go to your library as soon possible; look for grant books and directories and ask specific questions to your librarian. You'll be surprised what you can find.

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Below Are The Top Programs:

B

Bill and Melinda Gates Foundation Grants
Provides millions in grant money every year to various non-profit organizations, communities, and occasionally - small businesses.

C

Caleb Brown Community Business Grant Program
Provides access to "seed money" and grants to assist urban professionals with starting businesses and rebuilding the community.

CDC Procurement and Grants Office
Awards grants and contracts to help accomplish its mission to promote health and quality of life by preventing and controlling disease, injury, and disability.

D

Dare to Dream Grant Program
Encourages students to move through the business creation process by offering business development seminars and up to $10,000 in funding.

DOT Disadvantaged Business Enterprise Program
Offers grant funding to provide training and other services to minority-owned and women-owned businesses to help them compete for highway contracts.

E

E-Grants Initiative
Comprehensive online database of over 1,000 grant programs administered by the 21 federal grant-making agencies.

F

FedEx Small Business Grant Contest
Allows business owners and entrepreneurs to register and submit their business story and photos, get voted for, and be considered among the top 100 finalists and the winners.

FHLB Economic Development Program (EDP) Plus Grants
Designed to assist member bank institutions in providing capital to under-served areas or to under-served populations.

H

HP Life Grant Program
Offers training to students, aspiring entrepreneurs, and small business owners to harness the power of IT to establish and grow their business.

Huggies Mom Inspired Grant Program
Awarding grants and business resources to further the development of original product ideas and startup businesses.

I

Intuit "Love Our Local Business" Competition
Allows fans, including customers, vendors, employees, and the community, determine who deserves some love - in the form of financial assistance for their business.

M

Minority Business Development Agency (MBDA) Business Grants
Every year, the MBDA organizes various angel investors with the primary objective of supporting minority businesses with mezzanine and second round financing.

Microsoft Workforce Software Grants
Supports IT training and workforce development in underserved communities, and gives grants to non-profit community technology centers around the world.

Miller Lite Tap the FutureĀ® Business Plan Competition
Annual competition for minority entrepreneurs that gives away business grants to applicants who submit the best business plans. (Formally called MillerCoors Urban Entrepreneur Series).

N

National Association For The Self-Employed (NASE) Growth Grants
Business owners can apply for a $5,000 grant useful for financing a particular small business need.

O

Office of Special Education and Rehabilitative Services (OSERS) Grants
Provides grants to companies and organizations that focus on improving the lives of people with disabilities.

R

Rural Business Enterprise Grants (RBEG) Program
Provides grants to finance the development of small and emerging businesses in rural areas, to be used for land acquisition, etc.

S

Small Business Administration (SBA) Grants
The SBA and it's various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

Small Business Innovation Research (SBIR) Grants
The SBA and it's various initiatives award $2 billion in grant funding and loans to small high-tech businesses annually.

U

U.S. Dept of Energy Industrial Technologies Program (ITP)
Provides about $50 million annually in cost-shared funding to manufacturers for research and development.

U.S. Dept of Labor Grants
Delegates grant and procurement authority through a decentralized procurement structure via several other government agencies.

U.S. Environmental Protection Agency (EPA) Grants
Provides grants, fellowships, and research associateship opportunities to institutions and organizations in the field of environmental science.

V

VetFran Business Grant Fund
Provides veterans who own franchises with financial grants for business development, education, training, and/or technical assistance.

W

Women's Business Center (WBC) Grant Program
Provides technical assistance to women entrepreneurs, both new and established, in the areas of finance, management, and marketing, and other areas.


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