Do you know whether there is a thing called free
money for small business growth? When the application procedure needs some
effort, there are numerous small business grants found for governmental
agencies, nonprofits, and private companies.
Underneath is given a careful, curated, updated
list of grants for a small business, micro-business, and women owned business,
followed by the best resource to look for an appropriate grant for your
location & industry.
General Small Business Grants
The given grant programs have boosted dozens of
small business in recent years and work steadily to be a strong force in small
business owner community. One of the largest difference between them is how
long entrants businesses will be operating.
FedEx Small Business Grant
Every year, FedEx awards 10 small businesses between $5K-$25K. Applications need an explanation of the business, photos and as to how the money would be spent. The next contest will be opened in May 2016.
Eligibility-
Any for profit small business in operating & standing for at least 6 months
Previous
winners include- In Blue Handmade, a Fat Toad Farm, and a custom leather
shop that produces goat’s milk caramel.
Miller Lite Tap the Future
The duration for the application for Miller
Lite’s grant program is open in spring every years, with the National Finals
taking place in the fall. Here the winner gets total sum of $200K as prize.
Eligibility- Small
business owner in US between 21-35 whose business are within 5 years old.
Site- http://www.mltapthefuture.com
Previous winners
include- Swyft Media, an app for Edovo, and branded emoji, a business that rents
software & tablets to correctional facilities.
Specific Small Business Grants
The following grants are particular to women
business owners and micro-business owners.
Eileen Fisher Women-Owned Business Grant
Eileen Fisher awards $100K within 5 and 10 women owned small business years that do wonderful things for specific communities and environment.
Eligibility-Innovative, women owned businesses that operate
for at least 3 years and focused on environmental and social impact.
Previous
winners include- Isidore Electronics Recycling, a recycling and job
training centre in Upohar and Los Angeles, a catering company in Pennsylvania
that employ homeless women and refugees.
Amber Grant
Since 1998, the Amber Grant Foundation by Women Net awards $5000 to a women owned business every month. At the end of the year, the foundation awards an extra of $2,000 to one of the monthly grant winner. Entry is easy and needs $7 as fees.
Eligibility-
Women with small or business businesses
Previous
winners include- Lauren Foster of Stretch Recipes in Hannah Rovard &
Texas of Cambria Equine in Minnesota.
NASE Growth Grants
The National Association for self employed awards for $4K award to its member each month. The NASE has awarded over $600K in grant till date.
Eligibility-
NASE micro business members in require of financing for a specific business
need
Previous winners Include- Clairvoyance, s strategic development firm in Virginia, & Blue & Fig, a design & catering company in Ohio.
Where to Find a Grant for Your Small Business
Professionalized grants are difficult to get but
often easy to obtain than broad ones. The US Small Business Association (SBA)
and other govt agencies are good rendering resources on local & state
level that includes small business grants . The website given below will help you find & filter grants
anywhere in US.
Grants.gov
Grants.gov lists all federally sponsored grants. You can look in the database by eligibility, agency, category and also small business.
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