2022 is an exciting year for small business owners looking to secure funding for their ventures. Several grants are available to provide them with financial support to run and expand their businesses. If you’re a small business owner, applying for a grant can be a great way to gain access to much-needed capital.
In this article, we have compiled a list of the top 10 grants available for small businesses to apply for in 2022. These grants are not only well-funded but also offer additional benefits such as mentorship and networking opportunities.
1. Small Business Administration (SBA) Grants
The Small Business Administration (SBA) provides various grants to small business owners under their Small Business Innovation Research (SBIR) program, which covers a broad range of industries. These grants are specifically designed to support the research and development of innovative products and technologies.
2. National Association for the Self-Employed (NASE) Growth Grants
The NASE Growth Grants are offered to business owners who are members of the National Association for the Self-Employed. These grants provide funding for the growth and development of small businesses.
3. FedEx Small Business Grant
The FedEx Small Business Grant provides funding to small businesses that demonstrate innovation and creativity in their approach to operations. Additionally, top applicants receive significant media exposure, which helps promote their business.
4. Amber Grants
The Amber Grants are awarded to female entrepreneurs who are looking to start or expand their small businesses. The grant named after a young woman who died before she was able to pursue her entrepreneurial dreams.
5. Idea Café Grant
The Idea Café Grant offers up to $1,000 to small business owners and entrepreneurs who have innovative ideas. The grant also offers other resources such as training and consulting services.
6. Mission Main Street Grants
Mission Main Street Grants provided by JPMorgan Chase are geared towards entrepreneurs with small businesses looking for funding to reach the next level. Winners of this grant receive $100,000, along with a 50% discount on the interest rate for business loans.
7. Street Shares Foundation Veteran Business Grant
The Street Shares Foundation Veteran Business Grant provides support to veterans starting or expanding their business. Recipients of this grant can receive up to $15,000 for their business.
8. USDA Grants
USDA Grants are designed for small businesses in rural areas that require funding for development, expansion, or modernization of their business. Business owners can apply for grants up to $500,000.
9. NASE Growth Grant
The NASE Growth Grant is offered to NASE members to help fund small business growth. Recipients receive $4,000 for their businesses.
10. Grants.gov
Grants.gov is a database of over 1,000 federal grant programs available to organizations and individuals. Small business owners can apply for grants on this platform, ranging from a few thousand dollars to millions of dollars.
In conclusion, securing a grant for small businesses can be a wise investment for the future of your business. Grants provide more than just financial assistance but also access to resources such as mentorship and networking opportunities. Apply for the grant programs mentioned above in 2022 to take advantage of the benefits they offer.
(Note: Do you have knowledge or insights to share? Unlock new opportunities and expand your reach by joining our authors team. Click Registration to join us and share your expertise with our readers.)