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Small Scale Business Grants – 20 Best Places to Look for

Just as we need oxygen to survive, businesses people also need funds to finance their businesses. There are many financial homes that offer financial assistance. However, you may end up losing a fraction of your business to them. One of the best ways of seeking financial help for your business is through small scale business grants.  Since each year, billions of dollars are allocated to startups in the form of grants, free money, etc. Although many people are aware these monies exist, but still a good number do not have the slightest idea of how to apply for it.

Listed below are some of the most beneficial grant programs also available for startups as well as those looking to expand their businesses:

1.   U.S. Department of Agriculture

You will be surprised to know that almost 20 percent of the total population in the United States, stay in the rural areas. This leads the USDA industry into providing multiple loan programs. If you are looking for small scale business grants, then you must try here. These programs  assist the growth of small businesses in these regions. One of such programs is the Rural Business Investment Program.

2.   SBIR and STTR

SBIR and STTR is an acronym for Small Business Innovation Research (SBIR)and Small Business Technology Transfer (STTR). This scheme aims at promoting innovative research as well as the development of small-scale businesses. While STTR focuses on licensing technological programs for small-scale businesses, the former aims at turning these businesses into commercial businesses.  Both programs allocate grants that run from $100,000 to $1 million.

3.   Government challenges

If you are a student and you are looking for small scale business grants, then you are in luck. Most often, federal agencies dish out challenges to students with a wide array of topics. These topics, which are usually based on architectural designs, public safety, politics, erosion, corrosion, among other topics, have cash prices attached to them. You could surf through challenge.gov, to have an idea of what money you can compete for.

4.   State and regional business revenues

There is a site specially designed by the federal government for state and regional business revenues. Access it and from the list of potential resources, also pick a program that suits your business.

5.   STEP Grants

Since a lot of states receive financial aid either from the Small Business Administration or also from State Trade and Export Promotion. This financial assistance, assist in the growth of small and also medium companies. Surf the internet for the government office that handles such financial program for your state and make inquires for small scale business grant Louisiana.

6.   State small-business grants

A good number of states provide small business grants. Call and find out if your’s is one of them.

7.   Amber Grants

This scheme gives out an allocation of $500 to women every month. A competition is conducted monthly and the prize winners are awarded a yearly sum of $2,500.

8.   FedEx Small Business Grant Contest

The FedEx policy, organizes a contest every year, where small-scale business compete with one another and the winner takes home a cash prize of $25,000, publications worth $7,500 and also other business benefits.

9.   National Association for the Self-Employed Growth Grants

Associates of this association, are allowed to request for allowances of about $4000 to start up any small-scale business of their choice. You can also apply for small scale business grant Texas.

10.   Global Innovation Exchange

The Global Innovation Exchange is a worldwide program that also provides a lot of financial opportunities for small-scale businesses all over the world. Apply now for small scale business grant Texas.

11.   Eileen Fisher Women-Owned Business Grant Program

Eileen Fisher Women-Owned Business Grant Program is a clothing company that gives out a minimum allocation of $10,000 yearly to ten different small scale businesses owned by women.

12.   Street Shares Foundation

Although this is a small financial scheme. Yet this scheme organizes a yearly competition for small-scale businesses owned by retired soldiers, soldiers still in service or their companions. This scheme also gives out three allocations of $2000, $3000 and $5000 yearly. Try your luck for  small scale business grant Texas.

13.   NASE

If you are looking for small scale business grant Louisiana then try NACE. National Association for the Self Employed Growth allocates grants to entrepreneurs and also those who are sourcing for funds to finance their businesses.

14.   The Dare to Grant scheme

It was designed for students to motivate them into starting up small-scale businesses of their own. They organize seminars and raise funds for such projects. Check out their website to get more information and also apply for small scale business grant Florida.

15.   The Miller Lite Tap

It organizes a yearly competition for young entrepreneurs.  Young entrepreneurs can now fulfil their dreams. Because of the funds allocated by the Miller Tap.

16.   The Small Business Administration (SBA)

It conducts a lot of business allocation programs. They also make sure that the nation’s small high technological innovative businesses are included in the federal government research works, and budgets. Apply for small scale business grant Florida because you might be eligible for money.

17.   The Minority Business Development Agency (MBDA)

This is an agency where investors assists or invest in the small-scale businesses. Try here for  small scale business grant Louisiana because it is very easy to apply..

18.   The Rural Business Enterprise Grants (RBEG)

Although this scheme is designed to provide funds for the growth of small-scale businesses in rural areas. But you can also use the funds to acquire land, for construction, Etc. Visit their site to learn more.

19.   The Huggies Mom Inspired Grant

If you are a mom and looking for a small scale business grand Louisiana then you are in luck. Because this program gives allocations to mothers to assist them in starting up their businesses.

20.   The DOT Disadvantaged Business Enterprise (DBE)

In order to ensure there was no discrimination in the allocation of DOT-assisted contracts, this scheme was created.

Find out if you are eligible for any of the above schemes and apply for small scale business grants now. Because you never know, your small scale business grant might be just around the corner.

 

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Onega Ulanova

Onega co-founded LA NPDT because of her love to innovation, brand development, and people. She is passionate about making the world around her a better place and gives back through volunteering.

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