Apply for startup business grants to grow both your business and revenue

Startups always have the crunch of money when it comes to growth and expansion but it’s very difficult for them to get the required capital. Getting funds for them is always challenging, as many lenders do not come forward due to uncertainties and the credibility of their business operations. While getting loans can certainly be hard, you can rely on startup business grants which are available exclusively to SMEs. These grants are provided by federal, state, and local governments, and also by private organizations. Moreover, unlike loans which you have to repay with interest, startup business grant is free money which is given to you to grow your business and boost the local economy. You are not required to repay, it's free money, all yours!

The US Small Business Administration (SBA) provides startup business grants through its two programs, viz. Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR). Money is given to encourage small firms to undertake scientific research that helps meet federal research and development objectives for high potential for commercialization. In addition, SBA also funds the State Trade Expansion Program (STEP) that provides startup business grants to businesses in the US state and territories looking to export internationally. The US Department of Agriculture (USDA) runs a wide range of startup business grant programs for farmers, ranchers, and other agricultural producers.


Grants by various government agencies


The US Department of the Treasury’s State Small Business Credit Initiative (SSBCI) provides funding to states, territorial, and tribal governments to support small businesses through startup business grants in cash, and other means. The US Economic Development Administration (EDA) provides startup business grants to companies aiming to improve the infrastructure of communities. Small Business Development Centers (SBDCs) run several programs which are formulated in partnership with SBA. You can also contact your local chamber of commerce for more startup business grant opportunities.


Grants by private organizations


Many private organizations also offer startup business grants. FedEx hosts an annual grant competition to provide startup business grants to ambitious entrepreneurs. The grant amount varies from $15,000 to $50,000. National Association for the Self Employed (NASE) gives grant amounts of up to $4,000 to entrepreneurs to help them grow their small business. Amber Grant Foundation gives an award amount of $10,000 to $25,000 to aspiring women entrepreneurs. In the first week of every month, $10,000 startup business grant is given. At the end of the year, on winner gets $25,000. Live Your Dream Foundation gives an award amount of $1,000 to $16,000 to women who have survived sexual violence or other traumatic events.


You need to be sure of your eligibility for startup business grants, and also complete all documentation within the deadlines. If you make any mistake, then you are likely to lose as the competition is fierce. However, you can increase your chances of winning startup business grants by taking the help of the grant experts at GovernmentGrants.us. By paying a monthly fee of just $29.95, you can gain access to updated information on various other grant opportunities like childcare grants, housing grants, training & research grants, and more. This monthly membership fee will be refunded to you in case your grant application is not approved by the grantor.

Location: United States

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