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Everything To Know About Small Business Grants and More |
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2023 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: |
Building a successful small business takes years of dedication, hard work, and countless late nights. Yet many entrepreneurs overlook one of the most important aspects of their business strategy: what happens when they're no longer at the helm. Succession planning is essential for small business owners because it safeguards the legacy you've built and provides security for your employees, customers, and family.
Starting or running a food-focused business comes with plenty of challenges. For Black-owned restaurants, small local eateries, and new restaurant ventures, every decision about equipment can significantly influence operations. A commercial freezer is one of the most critical investments in ensuring food freshness, compliance with safety standards, and streamlined kitchen processes. But shopping for the right freezer isn’t as simple as picking the first model you see.
This decision requires thoughtful consideration to ensure your needs, goals, and budget align. Keep these considerations in mind when shopping for a commercial freezer.
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Strong workplace relationships don't happen by accident. They require intentional effort from leadership and a strategic approach to building connections between team members.
Strong communication skills form the backbone of effective leadership in any workplace. Leaders who can communicate clearly, listen actively, and adapt to different situations build stronger teams, reduce misunderstandings, and improve productivity. This list highlights essential communication skills every leader should master to foster collaboration and success in the workplace.
Planning a company picnic that includes employees and their families is a way to build community. A successful event creates space for connection, appreciation, and fun outside the workplace. If you’re wondering how to plan a company picnic for employees and their families, this guide will walk you through the essentials to make it a day everyone will remember.
Warehouse space is a precious commodity. But as demand grows, so does the need for efficient storage solutions. What if you could maximize your warehouse space without costly expansions? For industrial operations managers, maximizing space is not just about decluttering; it’s about improving efficiency, boosting ROI, and staying competitive.
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.
