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.
Any new stage of your life comes with both excitement and worry, and that is especially true when it comes to owning your first practice. Get started off on the right foot by following these tips for new practice owners.
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Everything To Know About Small Business Grants and More |
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2019 Small Business Grants For Entrepreneurs
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: |
Sunday, July 14, 2019
Tips for New Practice Owners to Start off on the Right Foot
Any new stage of your life comes with both excitement and worry, and that is especially true when it comes to owning your first practice. Get started off on the right foot by following these tips for new practice owners.
Friday, June 28, 2019
3 Major Benefits of Starting a Business with a Co-Founder
Starting your own business sounds appealing, but as much as you may want to launch your own venture, going solo can be tedious at times - it’s a lot of work, especially for one person! A co-founder can be both a relief and a reward in your new business venture. Below, we share three major benefits of starting a business with a co-founder.
Friday, June 21, 2019
6 Creative Team Building Exercises for New Businesses
You’ve finally done it - you received your grant and successfully got your business running. You now have employees who look to you for guidance. The strength of your team is what determines how successful this new endeavor will be. To help you lay the foundations for a strong sense of workplace camaraderie, we’ve made a list of team building exercises for your new business.
Friday, June 14, 2019
6 Steps to Creating a Stellar Budget for Your Business
Nothing is more essential to the health of your business than a well-planned budget. So many businesses fall into the trap of setting a budget blindly, but doing so can spell disaster for any company. Take matters into your own hands with these tips on how to budget for your business.
Friday, June 7, 2019
4 Creative and Unusual Marketing Strategies
There are several different ways for businesses to advertise their products, each effective in its own way. From commercials to sponsorships, companies have tapped into many clever marketing strategies. But if it’s all been done before, what will you do differently? Try one of these four unusual marketing strategies to get your company the attention it deserves.
Tuesday, June 4, 2019
4 Tips to Help You Achieve a Healthy Work/Life Balance
Some days it feels like you’re drowning in work. The projects start piling up, the emails don’t stop coming in, and you’re thinking about how you haven’t had a chance to get to the grocery store. Maintaining a healthy work/life balance is challenging, and it sometimes feels like there aren’t enough hours in a day to get everything done. If you’re feeling overwhelmed, these four tips will help you achieve a healthy work/life balance that you can maintain throughout your career.
