Government Grants and Loans for Small business

Grants, Loans and Programs To Benefit Your Small Business – It is understood to everyone that small businesses are the base of the big businesses and the business industry. If they did not work properly then many problems occurred and the local people have to face many difficulties. But it is also known to everyone that small businesses need support with finance and work. Because small businesses need lots of money to work continuously as they did not get much profit from their work. Also, the employees did not work on time because of the workload. That’s why they need support with work and money both.

Still, many small businesses work and try their best so that they can complete their order on time and get a better profit. So that their employees will also work properly and show more excitement towards their work. But small businesses more have to face financial crises and because of this, many of the small businesses go shut down. The reason is small businesses are low at this time and they have to face many issues that they cannot bear. That’s why to help the small businesses, many of the government and private agencies and programs come in front. They help the small businesses with the finance and make sure that the small businesses stay in the industry and work continue.

The government offers help on federal, state, and local levels. The private sector offers helps in various ways to small businesses. They help them in the form of grants, loans, and a leg up against competing in a difficult business environment. In this article, you are going to know about the various ways that help small businesses with grants, loans, and in another form.

Government grants For Small Business

However, you can look for government grants as well. Because many of the government grants are offered to individuals and businesses, but there is a need just to look at them. You can visit the Grants.gov website and look for the grants that you need. On this website, lots of grants are offered that are helpful for everyone who is in need. You can find the database of the grants that are offered by the government to give away to businesses and individuals. You will see that there are thousands of grants are available for that you can apply, even you or your company has any of your backgrounds. These grants are available for all backgrounds so that people who need help can apply for the grant and get help from those government offered grants.

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But if you are going to apply for the grant to get it for your small business, then you have to keep one thing in your mind before any of the grants, that these grants are not directly offered by the federal government to small businesses. Sometimes, these grants are distributed to state and local governments, agencies, non-profit organizations, and institutions of higher learning. So you have to contact them to get the grant. Although, these entities utilize these grants or funds to distribute them on an educational and technical level to help the people. They will make sure that the assistance will be given to people who are really in need and no one another take advantage of these grants.

In the below, you get the list of the government grants and make sure that you will look for the government grants on your state and local level. Also, check that you are qualified for more than one program so you can apply for more grants. In case, if you don’t get a grant from one then you can get the grant assistance from another grant. So, you have to use the resources and contacts that are offered at the state and local government level and you qualify for more than one grant.

List of Government grants offered to small businesses

However, it is common that all the grants are not offered the same amount or same facilities, still, you have to check for the grants that will match your needs, so you will apply with them and increase your chances to get from the government grants for your small business. Also, the rants are granted to people in different situations and according to that, the amount is decided. For this, you have to look for the list of the government grants that are given on the website. Though, some of the grants are listed below to help the people.

• National Institute of Health Grants

The National Institute of Health (NIH) is also offering grants. They funded the grants to help the research and increase the opportunities that are related to Covid-19 research. So that health research will work properly and come with better results. For the small businesses that are working to develop and research biomedical technology, these grants are reserved for them. One can search and find that there are several grants are available for them. So that those small businesses can get this grant and enhance the better health system.

Also Read : Apply for Texas Small Business Grants

• COVID-19 Economic Injury Disaster Loan

Covid-19 economic injury disaster loan is provided to the small businesses that lie under the low-income businesses. The small businesses can get the grant from this loan is of the amount up to $10,000. This amount is given to small businesses in Targeted EIDL Advances. But the small businesses will get be affected by the covid pandemic, only then they will be able to get this assistance amount.

• Small Business Innovation Research Program (SBIR)

The SBIR offers grants to small businesses by providing them grants. This program offers grants to help small businesses with federal research and development. So that they can participate in the federal programs with the potential of commercialization.

This program is a highly competitive awards-based program. This program helps businesses to achieve their scientific excellence and technological innovation. So, if you want to get the SBIR grant for your small business then you have to meet the requirements of the program and also must operate a for-profit company. When you meet the requirements of the program only then you can apply for the SBIR grant and get this for your small business.

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• NIDILRR’s SBIR Program

The SBIR program also offers assistance to various organizations. They support the organizations that research, advance technology, and along with this, they also support the social/economic benefits for the nation. The SBIR will be backing to National Institute on Disability, Independent Living and Rehabilitation Research (NIDILRR). The SBIR will help them through the Administration for Community Local (ACL) and provide them with 10 grants. They offer grants that support the lives of the disabled and work for their betterment and improvement. The total amount of grant funding is to be $1million. However, to look for the complete list of the grants that come, under this program, can be seen on the ACL website. So, if you want to have to look for grants for technology and research then you can visit the ACL website and look for the grants that are available for you.

• S. Department of Commerce Minority Business Development Agency (MBDA)

The MBDA offers several grants and loans to help small business that is related to minority business. They have targeted grants and loans that are designed to offer help the whole year to minority-owned businesses. If the Minority-owned businesses need the help then they can look for the MBDA grants at their local MBDA centers or they can visit the website MBDA.gov and get the information about the grant.

• Small Business Technology Transfer Program (SBTTR)

As you see the SBIR Program, supports the research and development work related organizations same as the STTR program supports and provides funds to research in the R&D area.

However, what makes the STTR program separate, is that the requirements of the small businesses that have a formal collaboration with a research institution. They do work with the collaboration of the research institution and get the profit from the work. If you want to qualify for the STTR grant then you have to meet its requirements. Also, you have the organization that works as a for-profit company and other requirements.

• Small Business Administration State Trade Expansion Program (STEP)

STEP is a program that aims to help small businesses that want to export the products. They offer their help to small businesses by providing them funds by state entities. Small businesses have to meet the requirements of the STEP program. When they look for the grant and meet the state requirements then they can use the financial assistance for the different works. Such as participating in foreign trade missions and shows, and obtain entry to foreign markets, develop websites. Along with this, for more things, one can use financial assistance like designing international marketing products or campaigns. STEP offers financial aid for small businesses so that they can come forward and make their identity in the foreign industry as well.

• Economic Development Administration (EDA)

U.S. Department of Commerce has lots of parts and one of them is EDA. This offers ongoing funding opportunities for the projects. They offer funds to the projects that work for regional and national economic development. If someone needs the grants or funds then they can apply for the various rolling-basis EDA investments. They can apply for the projects that fund Construction, non-construction, higher education, technical assistance, planning, research and evolution, and lots of more projects. So that the nation will get improvement in different parts and will provide a better environment.

When you apply for the government grant you would think to get the money directly from the government. But it is not simple as you think, because the government offers the money with the complete paperwork. Also, when someone applies for a government grant then it is mandatory to submit all the documents that are required by the government assistance for that you apply. Sometimes, applying and processing work may be time-consuming and technical.

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That’s why before applying for any government grant you have to make sure that you will fulfill all the requirements of the grant, so you will get the grant easily. Along with this, there are some auditing and reporting requirements, for the legal and administrative prerequisites. So that there is no issue occur and you will don’t face any issue later in getting the fund or the assistance for your small business.

• Federal Stimulus Aid

Because of COVID-19, everything is affected, whether it is lives or businesses. However, every business is impacted by COVID-19, whether it is a small size business or a large scale business. Because of this many of the businesses closed, on the other hand, some businesses just getting started, then some old businesses rethink their business model, to make some changes in them.

Recently, President Joe Biden, enacted a coronavirus stimulus bill is designed to help businesses and individuals. This bill is designed to provide help $1.9 trillion in the form of assistance. This bill offers help to people and businesses in the form of tax credits, loans, and grants. So that businesses and individuals can get help and restart their life with a new mind. This will help them to recover from the loss and rethink their lives and businesses. This bill is helpful for many individuals and businesses whether it is a small or large business.

• Government Contract assistance For Small Business

As there are numerous government aids are available in the form of loans, grants, and other forms, same as there is various government contract assistance are also available. That assistance is given to the small business by a bidding process. The government spent every year billions of dollars on goods and services. However, the government spends lots of money on the bidding process also. That’s why some of the programs are placed on the list so that they can assist small businesses. So that they can compete with the better programs and get a chance to get the federal dollars by participating in those competitive programs. Let’s see those government contract assistances and know about them, how they are helpful for small businesses.

• Women-Owned Small Business (WOSB) Federal contracting Program

There are lots of small businesses that are owned by women. But they did not get a proper place in the industry. That’s why the federal government wants to help them annually, by offering at least 5% of the federal contracting dollars to women-owned small businesses. By this SBA program, the Office of Women’s Business Ownership provides support to women entrepreneurs. They support them by providing help with counseling, business training, access to credit and capital, and federal contracts. This program has the aim to help all the small businesses that are owned by women so that they also make their place in the industry and get an equal place to others.

• The Service-Disabled Veteran-Owned Small Business Program

The small businesses that are owned by service-disabled veterans, those businesses are getting help from the federal government. The federal government annually offers them at least 3% of the federal contracting dollars to such businesses. With this step, the government makes sure that the program will meet the target.

This is the federal contracting government program that offers assistance to small business owners who are service-disabled veterans.

For the small businesses that are eligible to get this contract assistance, that business must be at least 50% owned or controlled by one or more service-disabled veterans. Additionally, they have the day to day operations and have long-term goals that are managed by at least one service-disabled veteran. And also they have a service-connected disability. Only then they will get the contract grant from the government.

• HUBZone Program

The HUBZone Program helps small businesses or underutilized businesses. That means those businesses are used for the work but they did not get any profit. The government wants to aid them by making those businesses more competitive in the way of some government contracts. The businesses that join the HUBZone Program can also compete for the set-aside contracts and along with it, they can receive the preferences from the others. That also includes the 10% price evolution preference in open contract competitions. With this, those businesses can get profit and also make their place in the industry with their entity.

• 8(a) Business Development Program

The 8(a) business development program has the aim to help the small businesses that are owned by socially and economically disadvantaged entities. The advantage of this program can be taken by limiting the competition for certain government contracts to businesses when they participate in the 8(a) business development program. But to participate in that program, the business must be a certified 8(a) entity. If it is found that the small business that is participated in the program then they will be disqualified and not get any assistance further. Along with this, the business has to check all the eligibility requirements to get participate in the 8(a) business development program.

All these government contract assistances are helpful for the various small businesses so that they can also get their place in the industry. So, you can look for those assistances, but before applying for them, check for their eligibility criteria and ensure to get the assistance by meeting those requirements.

General Small Business Grants

You can see that as government offers grants and assistance to the small businesses to work properly and get encouragement to work continuously. Same as there are many of the non-profit and corporate agencies and companies that work for helping small businesses. They help small businesses by holding different programs that work for the welfare of small businesses. Here are many of the programs are mentioned that are qualifying for small businesses. Some of those are given below to help small businesses. Let’s look at them.

• The Barstool Fund

The Barstool Fund is the grant that helps the small businesses that are affected by Covid-19. This grant helps the small businesses that had lots of employees and also they had a record of success in all the works. Those small businesses are eligible for this grant. You can apply for this grant today and receive funding for your business. However, the winners are chosen on a rolling basis, but you have to make sure that you will meet all their eligibility criteria.

• 500 Global Flagship Accelerator Program

The small businesses and startups that need the funding can look for this program. They can do this on a year-round basis with the 500 Global Flagship Accelerator Program. Since 2010, this program offered opportunities to small businesses. In addition, apart from the 150,000 dollar investment, they also offer the four-month accelerator program in San Francisco to small businesses. To know the rules of the program, one can visit the website and get the whole information from there. Also, can check for the eligibility criteria of the program to get help.

• Walmart Local Community Grants

From this small business grant, local organizations can get funds for the Walmart and Sam’s Club facilities. They offer grant that ranges from $250 to $5,000. You can apply for this grant before its deadline. You can check for the deadline of this grant and then try to apply for this grant and get the chance to get funds for the small business.

• GoFundMe Small Business Relief Fund

GoFundMe’s Small Business Relief Fund will match with the $500 grant to qualify for the small businesses grant. But they also try to collect or raise the amount of $500 through the GoFundME campaign. They offer this help to small businesses that are negatively impacted by the Covid-19 and need financial help to rise again. This fund is supported by GoFundMe and many other corporations also. Those corporations included GoDaddy, Intuit QuickBooks, Bill.com, and Yelp. Small business owners who have the current campaigns can add the hashtag #SmallBusinessRelief in their campaign. They just need to fill out this form to confirm their business and get the benefit from the hashtag of the small business relief fund.

• Business Warrior Small Business Loans

Many of the businesses apply for loans in the banks but the traditional method for applying for a loan and getting it can be taken lots of time and also sometimes it is too much difficult to get approval for the loan. This condition understands by the Business Warrior Small Business Loans. That’s why they offer help to small businesses to get access to capital. They offer $5 million to small businesses to keep working. Additionally, they offer to help them by providing funds between $5,000 and $50,000 at the lowest rates. They did not charge the high rates as the other companies and banks do and provide help to small businesses by providing funds to help them.

All these grants are offered to small businesses by non-profit organizations and corporations. They provide help to small businesses that meet their eligibility requirements and that are affected by the Covid-19. So, if you also operated small businesses then you can look for those grant programs, and check their eligibility criteria and get help from them, by applying for the grant and funds.

Natural Resources Sales Assistance Program

As the government spends billions of dollars on goods and services, apart from this, the government also does many things for helping small businesses. The federal government sells a large number of natural resources and surplus properties. For this, the SBA Natural Resources Sales Assistance Program set aside a percentage of these goods. They did it for the goods for bidding by small businesses only. To make the purchase simple and easier for small businesses, the federal government makes those surplus materials into small packets or parcels. They offer the natural resources and surplus property to sell them and help the small businesses to bid for them, in the small parcels. So that they did not face any issue in purchasing those natural resources and surplus property.

You can look for them below, however, there are five categories are given below to clarify it. Let’s look at them:

• Royalty oil
• Timber and related forest products
• Surplus real and personal property
• Strategic materials
• Leases involving rights to minerals, oil, coil, and gas.

All these are five categories for that government helps the small businesses and provide them assistance. However, the federal government and this program also offer training for small businesses on sales and training. So they will get the best from the work and know-how they can earn benefit from their business.

Industry-Specific and diversity small business grants

There are numerous ways to provide small business grants to small businesses. Such as there are many government programs, non-profit organizations, corporations, and many other ways to help small businesses. Many of the small business grants are limited to the specific entrepreneur demographic or some business profile. Although, they have an application that makes an easy for them to navigate the small businesses and helps them to find grants as well.

This is just a sample, but while looking for grants for small businesses, you have to be alert to look for corporations, nonprofits, and other resources. You have to check all their details like geographic and industry area so that you can get grants or funds for business with ease.

• BIPOC Small Business Grant By Annuity Payment Freedom

The Annuity Payment Freedom offers the grant to help the BIPOC small businesses. This grant is created by the Annuity Payment Freedom to help the businesses that are impacted by the pandemic. They offer both marketing grants for the small businesses that help to drive traffic and micro-grant opportunities. These grants are given to the business when the winner is announced. The winner is announced on the last day of each month, and the grants are given on a rolling basis to the businesses.

• Amber Grant Foundation

Amber Grant Foundation offers help and supports women. They have the simple goal of supporting the women entrepreneurs in the industry. In 1998, the Amber Grant Foundation was founded by WomensNet. This foundation awards $10,000 to women entrepreneurs each month. Apart from this, they provide $25,000 each December to women with a compelling story. They want to grow the women entrepreneurs and make their identity in the industry with this grant.

• Comcast RISE

As everyone small business owner takes the help of applications to apply for any grant or any other thing. But in this wave of applications, Comcast RISE comes with something different. It intends to help small businesses and owners with marketing and technology services and also come with their makeovers. So that they will represent theirself in the industry with a new model that is better than the last one.

For this grant, the businesses have to meet their eligibility criteria. That includes the businesses that should be at least 51% owned and operated by people of color, along with this, they have been operating for at least one year and also fulfill many other criteria that are fixed by the company. For this, one can visit the website or webpage of the company and there look for the complete information.

For this grant, the applications close on the 15^th of January, and for the women entrepreneurs or women-owned businesses, the applications will open from the 16^th of January. So, the businesses that want to get help from the grant have to look for the deadlines and starting date for this grant.

• Black Founder Startup Grant

The Black Founder Startup Grant Program is from the SoGal Foundation and various other sponsors. They all offer help to Black multiracial women and nonbinary entrepreneurs, with the grant amount of up to $10,000. The business owners who are planning to investor financing on the scale, and are legally registered business owners, for those business owners this grant is open. However, the assistance is given to businesses on a rolling basis and tries to help every needy business to grow up.

• Do You Fellowship Program

Do You Fellowship Program is offered by the Digitalundivided Company. This company invested in 2020, to more than 1,500 Black and Latinx women entrepreneurs. They help them during the Covid-19 pandemic when they face a financial crisis on the big level. Again, this year they come with their Do You Fellowship Program to help them Black and Latinx women entrepreneurs. They offer their help to those 10 women entrepreneurs by offering them $5,000 for their business. Additionally, they offer them various mentorship opportunities as well.

So, if any women entrepreneur wants to get help from this program then they can apply for their application. However, their applications are not open still, but the digitalundivided says to add your name to their email list. So that when the applications are opened then you will know about that sooner and can apply for the program to get funds for your business.

• Doordash Restaurant Disaster Relief Fund

Everyone knew that because of the covid-19 pandemic many businesses have to face losses. Not only because of Covid-19 but because of many other disasters as well businesses and restaurants had to face many problems and they have to be closed for months. Natural disasters such as floods, fires, hurricanes, and lots more disasters affect the lives of people in the United States and they have to face lots of problems that affected their life badly.

According to Doordash, when any disaster happened, then because of this restaurant and the small businesses had to face a loss of an average of $3,000 every day, they have to remain close for a month at least. For the businesses that are affected by natural disasters, the Doordash works in partnership with Hello Alice, so that they can help those small businesses. For helping them, and the capital they need to match with that, Doordash offers the fund of $10,000 to the affected small businesses.

One can apply for this grant, to get help from Doordash. One can apply for this grant, before its deadline. The applications are open for this fund and one can apply for this fund before the end of January. This grant helps the small businesses and helps them to get back to their normal state.

• Foundation for a Just Society Grants

Many people in society did not get help properly because society did not give them an equal place to others. The Foundation for a Just Society Grants offers grants to local, regional, national, and global organizations, and networks. They help those organizations that support and work for the rights of women, girls, and LGBTQI individuals. You can apply with this grant program or foundation to get help with the funds. You can email the organization and get complete information from them about the organization and know about their grant.

• Fiserv + Clover Back2Business

Because of the Covid-19 pandemic, many of the businesses faced lots of financial crises and because of this many of them had to close their business. Although, those businesses are open still are struggling with the situation and can’t able to get back to their normal stage. For helping those businesses that are affected by covid-19 and related pandemics, Fiserv and Clover want to help them. They help the black and minority-owned small businesses and make sure that they will get some relaxation in their business stage. For this, they offer those recipients a $10,000 grant, so that they can recover from the business loss.

You can see that the Back2Business grant process is open now. One can apply for this grant program, but only those who are located in Texas, Oklahoma, and Greater Detroit Area. One can apply for this grant program because the grant applications are accepted till the end of the year.

• Gather Food Sovereignty Grant

With the support of the NoVo Foundation, First Nations, a Native-Led 501© (3) nonprofit organization, is offering the Gather Food Sovereignty Grant. They support the work that helps and contributes to fulfilling a vision of Native communities and food systems. That works as self-directed, well resourced, and supported by community prices and systems.

The funding opportunity will help back to the emerging projects. The project that works on the development of Tribal Food Sovereignty.

The First Nations provide the average amount of $32,000, in their first round to the communities that need a grant or financial help. They will offer this help up to seven grants. One can apply for this grant by filling their application form, till January 13, 2022, and getting a chance to win the grant amount.

• Galaxy Grants

Galaxy Grants is a grant program that offers help to minority and women entrepreneurs so that they can succeed in their businesses. From this grant program, women entrepreneurs will get an award of $3,750. One can apply for this grant program by filling the application form. The company accepted the applications till 31 December, so you can apply till the deadline of the grant program.

However, one can enhance their chances to win the grant amount, just by referring this grant program to their friends. To more about the rules, one can visit the company’s website. You can find that they have an easy grant process and one can apply for this with ease. So, don’t be late for this grant and apply for this grant before its deadline and get an advantage.

• Grow by Invoice2go

Grow by Invoice2go is offering help to the minor communities by helping them with the grants. They offer help to small businesses in the amount of up to $200,000. They offer this amount to the minority community and from this, grant amount, each small business can get help up to $15,000. Along with this, those small business owners will get an opportunity to join the Invoice2go business community and get access to exclusive workshops.

If you want to get this advantage from this grant program, then you can apply with them. To check the eligibility criteria and know more about them one can visit their website and get all the information from there.

• Be. Elevate fund

This is the grant that is known as the Good Work Network, formerly. The Go. Be. intends to help small businesses and entrepreneurs. They want to focus on the small business owners, who are with the diverse and minority businesses. The Go. Be. offered the grant amount of up to $4,000 to help the businesses that are owned by women entrepreneurs and people of color to grow their small businesses. They offer them help so that they can continuously do their work and if they are engaging in any project then they will stay it continuous with the help of the grant amount that they offered.

If you want to get the advantage of this Go. Be. grant then it is necessary that you will be a Go. Be. client. You can visit their webpage and check for their eligibility requirements. You can check there that your small business fulfills all the requirements that they need and you can take entry in their grant program or not.

• Swiftarc Beauty Fund

Swift arc Ventures, a Venture Capital Firm, announced that will help the beauty funds that are aimed at female-led beauty and wellness started. They help those beauty aimed programs with the funding amount of $10 billion beauty fund. This fund is given to those influential women in the beauty and investment industries. They did not just give them awards with grant money to the winners, but they will also offer peer-to-peer networking opportunities along with the mentorship. However, Swift arc Ventures did not release their deadline till now, but you can look for their deadline on their website.

• IFundWomen COVID-19 Relief Fund

IFundWomen launched a Covid-19 Relief fund. This fund helps the small businesses that are owned by women and affected by the Covid-19 pandemic. They offer community-funded microgrants and free coaching. Grants are given to small businesses on a rolling basis. To get part of this grant, the women entrepreneurs must start a campaign on IFW, only then they can get the advantage of the grant.

• Halstead Jewelry Grant

The Halstead Jewelry Grant is given to small businesses that are doing work for jewelry creators. The Halstead Jewelry Grant was created in 2006 for aspiring jewelry creators. They help the jewelry small businesses and help them by providing the funds. You can apply for this grant program because their applications are open now for the 2022 year competition. You can apply and get a chance to win the amount from this grant for your small business.

For the start-up capital, they offer a grant amount of $7,500 and for merchandise, they offer the award with $1,000. You can visit their website, to know about the grant program and to check for the eligibility criteria. The applicants have a large and wide window to apply for the grant.

• Patagonia Corporate Grant Program

The nonprofits that have a mission to protect and preserve the environment, to them, the Patagonia Corporate Grant Program, offers their grant amount. They offer a grant amount that ranges between $10,000 and $20,000. You can apply today for this grant if you meet the grant requirements.

• National Assistance for the Self-Employed (NASE) Growth Grants

According to the website, the NASE distributed the amount of $1,000,000 to their members. They offer this grant amount to them so they can grow in the business. They offer the amount for growth grants up to $4,000 to help the people with marketing, training, and more things that can help the businesses to grow fast. If you want to be eligible for the grant program then you have to be a member of the grant program before 90 days to apply.

• Rural eConnectivity Program

The Rural Utility Services, a Rural Department agency of the United States Department of Agriculture, offer the Rural eConnectivity Program. They offer this program, to help the rural community to help to recover from the impact of Covid-19. This program provides help to a different level of funding of projects. They provide funds to the projects that work toward helping the communities that are affected by Covid-19. Additionally, they also help to advance equitable access to rural development programs. To apply for this Rural eConnectivity Program, one can visit their webpage and get the application form, to fill, apply, and submit.

• Power Forward Small business Grant

In New England, the small businesses are black-owned businesses they will get help from the Power Forward Small Business Grant Program. This grant program is sponsored by Vistaprint, NAACP, and the Boston Celtics Shamrock Foundation. The small businesses that are eligible for this grant program that has a maximum of 25 employees. Only then they will be eligible to get the grant amount of $25,000. This grant program offers funds to the winners on a rolling basis.

• StartOut Scholarship Program

StartOut is the scholarship program that offers scholarship opportunities to those LGBTQ+ entrepreneurs who want to take part in their Founder Program, and also want to become a Giving Member. This program also offers 12 months or 1-year membership to LGBTQ+ entrepreneurs. The Entrepreneurs are underrepresented, underserved, and underestimated, in their community. With this scholarship, they will get a chance to grow their small business.

• SoGal Black Founder Startup Grant

This grant offers help to black women and non-binary entrepreneurs to get help with the amount of $10,000 in cash. They offer this amount to those entrepreneurs so that they can get a grant and grow their small businesses. SoGal has partnered with numerous sponsors to create this grant opportunity. They create this grant opportunity for black-women entrepreneurs and non-binary business owners. They promote and support this grant to help them to have equal opportunities to capital for the small business owners.

If you are thinking about applying for this grant, then you should have a legally-registered business, and self-identified as a black-women entrepreneur and non-binary entrepreneur to get this grant. Along with this, you have to plan to seek financing in the nearest future or now. The deadline for this grant program is rolling, so you have to try to apply for this grant before its deadline. Or to know about this deadline, you can look at their website and also check for the eligibility criteria.

All these are the grants and funding programs that are offered to small businesses that are affected by Covid-19, have no equality in the industry, the businesses that are women-owned or black-owned, and lots of others. That means anyone can look for the above-mentioned grants and funding programs and can apply with them if they met the program’s eligibility requirements.

Additional resources From Small Business Grants

As you see that there are numerous ways to apply for grants for small businesses, and other people and different communities small business owners, grants are available. When someone fulfills their requirements then they can apply for the grant. But if want some other resources then you can look for the additional resources that are given here.

• Funding options for minority-owned businesses

This includes several grants, low-cost loans, and funding sources. That intends to help the minority-owned businesses so that they can grow.

• Funding options for Women-owned businesses

This is the funding option that includes ten programs, agencies, and organizations. They all are those that support women entrepreneurs so that they will be better represented in America Business Owner’s ranks.

• SBA Small business Development Centers

This is the business development center that helps all kinds of businesses or companies that are located at the national level and local level. So every business can get a chance to grow in the industry.

• SCORE

The score is the one that helps to assign a volunteer for a business mentor. Along with this, the one who can guide the different topics such as funding and operations.

All these are the additional resources that can help the small businesses to get help with financial help and also with other important things that are necessary for their businesses.

Conclusion

As, there are lots of small businesses, that are affected by the Covid-19 and they did not grow up till now, because of the losses that they face. That’s why many of the organizations that work on the federal government, state, and local levels come forward with grant programs that can help small businesses to grow again. However, those grant programs are also helpful for the businesses that are women-owned and other owners. So that they will also try to grow their business and make their place in the industry again.

Anyone can apply for those grants, but they have to check for the grants in their geographical area. Along with this, they have to look for the eligibility requirements, so that if they fulfill them then they can apply for them with ease and enhance their chances to win the grant amount for their small business.