GovernmentGrants

  For small businesses, free money in the form of grants can help them unlock the next chapter of success. Federal government business grants, such as those provided by Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR) programs are competitive grants, which are provided to businesses involved in technological innovation and scientific research. The Office of Science, a subset of the US Department of Energy (DOE), also participates in these programs and offers opportunities for federal government business grants. The National Institute of Food and Agriculture (NIFA) supports extension efforts in rural businesses working in agricultural and behavioral sciences .          The US Small Business Administration (SBA) is the principal source of federal government business grants. Its Management and Technical Assistance Program provides help to small businesses to make them competitive to obtain government contracts as a pri...

  Small businesses need funds for growth and expansion, to buy stocks, and to reach out to new customers. Small business grants , which are given by government agencies and private foundations, are given to deserving small businesses to facilitate their goals or incentivize performance. The US Small Business Administration (SBA) gives small business grants for many purposes, such as office space, insurance, market research, employee salaries, utilities, potential unexpected expenses, and more. Additionally, grants.gov contains a comprehensive database of all grants given by the federal government .           Small Business Development Centers (SBDC), which are often associated with local universities or a state’s economic development agency (EDA) provide small business grants , and also help connect small business owners with financing opportunities, counseling, and training. Rural business development grants are given to business owners in rural a...

  Veterans often find it difficult to adjust back to civilian life, particularly if their military service was of longer duration. It can be even more difficult to adjust for disabled veterans, who may not be able to perform the physical requirements associated with some jobs.    Fortunately, federal and state governments, and private foundations have recognized this problem, and offer funding through veteran-owned business grants to help veterans acquire the resources needed to start their own small businesses. About 3% of federal grant dollars are distributed each year to members of Service Disabled Veteran-Owned Small Businesses (SDVOSB) program. The Second Service Foundation Grant gives three veteran owned business grant s each year, based on their pitch before a group of judges. The first-place winner receives $15,000, second-place winner gets $6,000, and third-place winner gets $4,000. The actual grant amount varies from year-to-year .       V...