"Small-Business Grants: Where to Find Free Funding"

Posted under: SMB
Date: 2024-03-04
"Small-Business Grants: Where to Find Free Funding"

Small-business grants, unlike loans, offer capital that doesn't need repayment and can aid startups or existing businesses, particularly those affected by crises like the pandemic. Government grants, like those from Grants.gov and the USDA, support various sectors. Federal programs like SBIR and STTR fund technology innovation, while initiatives like PRIME assist microenterprises. State resources, such as Economic Development Agencies and Small Business Development Centers, provide grants and support services. Corporate grants, like those from Verizon and FedEx, offer funding and resources for small businesses. Additional grants, like the Small Business Readiness for Resiliency Program, target recovery after emergencies. Geographic-specific grants, state and local, alongside nonprofit and private grants, offer unique opportunities for businesses. These grants can be essential for small businesses navigating challenges and pursuing growth.

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