Grant Resources
Small business grants are a form of financial assistance provided by the government or other organizations to help small businesses start or grow their operations. In the United States, there are various types of small business grants available to eligible entrepreneurs and business owners.
Here are some of the most common types of small business grants in America:
Small Business Innovation Research (SBIR) Grants - This grant is specifically designed for small businesses that are engaged in research and development activities. The SBIR program provides funding to help small businesses conduct research and development that has the potential for commercialization.
Small Business Technology Transfer (STTR) Grants - Similar to the SBIR program, the STTR program is designed to support small businesses that are engaged in research and development, but the focus is on collaborations between small businesses and research institutions.
USDA Rural Business Development Grants - This grant is available to small businesses in rural areas that need financial assistance to start or expand their operations. The program provides funds for a variety of activities, including job training, business planning, and technical assistance.
Economic Development Administration (EDA) Grants - These grants are available to businesses that are located in economically distressed areas. The funds can be used for a variety of activities, including infrastructure improvements, workforce training, and marketing initiatives.
Minority Business Development Agency (MBDA) Grants - These grants are available to minority-owned businesses that need financial assistance to start or expand their operations. The program provides funds for a variety of activities, including business planning, marketing, and training.
To apply for a small business grant, you will typically need to meet certain eligibility requirements, such as being a U.S. citizen or legal resident, having a certain number of employees or annual revenue, and having a business plan or proposal. You can find more information about small business grants and how to apply for them on the websites of the relevant government agencies and organizations.
