Government grants for small businesses to grow revenue and customer base
If you own a small business and want to grow it, taking out loan can come to your mind first but then you would be overlooking other promising opportunities in the form of government grants. Unlike loans, government grants for small businesses are not required to be repaid, but at the same time, they are more competitive and difficult to obtain. The US Small Business Administration (SBA) runs two programs, viz. Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR), through which it offers government grants for small businesses to help meet federal research and development objectives. SBA also funds state Trade Expansion Program (STEP) that provides money to states and US territories, enabling them to offer grants and other financial assistance to small businesses looking to export internationally.
Rural Business Development Grants are available to businesses that seek to develop operations in rural areas. The grant money is given to provide technical assistance and training for small businesses. The US Economic Development Association offers government grant for small businesses, that are focused on next-generation technologies. With chambers around the country, Small Business Development Centers (SBDCs) offer government grant for small businesses to help them succeed. FedEx hosts a small business grant contest to provide funding for ambitious entrepreneurs. Award amount range from $5,000 to $50,000. National Association for the Self-Employed (NASE) awards worth $4,000 to NASE members.
Amber grants for women-owned businesses
Amber Grant Foundation offers grants to small businesses owned by women. The award amount ranges from $10,000 to $25,000. In the first week of every month, an award amount of $10,000 is given. At the end of the year, grant award worth $25,000 is provided to a winner. Venmo Small Business Grant program awards 20 small businesses with $10,000 in grant funding each year, along with access to free business resources and consulting services. The US Economic Development Agency (EDA) administers grants for economically depressed communities to stimulate new jobs and commercial growth. The US Department of Agriculture (USDA) offers government grants for small businesses to small businesses with fewer than 50 employees, and less than $1 million in gross revenue.
Helping you choose the right grant opportunity
These government grants for small businesses are designed so that people aren’t strived of the necessary capital. However, applying and winning these government grants for small businesses offering free money certainly isn’t the easiest thing in the world. This is where the role of professional grant facilitators, such as Governmentgrant.us comes into play. Their experts will help you choose the right government grant for small business, and also the documentation required for this purpose. Their experts also provide counseling services to ensure that your business plan is strategically aligned to the money that you will be receiving after the successful win of government grant for small business. By paying a small monthly fee of just $29.95, which is refundable in case your grant application is rejected, you can gain access to various other grant opportunities from GovernmentGrants.us, which include home improvement grants, training & research grants, first-time home buyer grant, business grants for veterans, and many more.
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