Discover 32 Small Business Grants to Apply for in 2023 and Improve Your Company’s Finances

Are you struggling to fund your small business’s growth and expansion? Do you need assistance in mitigating the challenges that come with running a small business? Small business grants may be the solution to your problem! Below are 32 small business grants that you can apply for in 2023 to improve your company’s finances.

1. FedEx Small Business Grant

The FedEx Small Business Grant is an annual competition that provides funding, services, and other assistance to small business owners. The grant awards up to $50,000 in cash and up to $7,500 in FedEx Office print and business services.

2. American Express Business Grants

American Express provides business grants to female entrepreneurs, minorities, and other underrepresented groups. The grant provides up to $25,000 to small businesses with less than $3 million in revenue.

3. National Association for the Self-Employed Growth Grants

The National Association for the Self-Employed offers monthly business grants of up to $4,000. The grants can be used for things such as advertising and marketing, website development, and other business expenses.

4. Small Business Innovation Research and Small Business Technology Transfer Programs

The Small Business Innovation Research Program and Small Business Technology Transfer Program provide funding to small businesses that are in the research and development phase of a new technology. The programs can provide up to $500,000 in funding.

5. Eileen Fisher Women-Owned Business Grant Program

The Eileen Fisher Women-Owned Business Grant Program awards grants to women-owned small businesses that are focused on creating environmental and social change. The grant awards up to $10,000 and the opportunity to participate in a leadership program.

6. Amber Grant

The Amber Grant is a small business grant for women. The grant awards $25,000 to one woman-owned business each month.

7. The Miller Lite Tap the Future Business Plan Competition

The Miller Lite Tap the Future Business Plan Competition awards funding and mentorship to small business owners. The competition includes a $200,000 grand prize and $20,000 in other prizes.

8. National Minority Supplier Development Council Business Consortium Fund

The National Minority Supplier Development Council Business Consortium Fund provides financing to minority-owned small businesses. The fund provides loans ranging from $5,000 to $1,000,000.

9. USDA Rural Business Development Grants

The USDA Rural Business Development Grants provide funding to rural small businesses. The grants can be used for things such as business and economic development, job training, and other business expenses.

10. Small Business Administration Loans and Grants

The Small Business Administration provides a variety of loans and grants to small businesses. The loans range from microloans of up to $50,000 to general loans of up to $5 million.

11. Small Business Technology Transfer Program

The Small Business Technology Transfer Program provides funding to small businesses that are in the research and development phase of a new technology. The program can provide up to $250,000 in funding.

12. City and County Small Business Grants

Many cities and counties offer small business grants to local entrepreneurs. The grants can range from a few thousand dollars to large sums of money, depending on the local government’s budget.

13. Innovative Product Development Grants from IDEA Health and Fitness Association

The Innovative Product Development Grants from IDEA Health and Fitness Association provide funding to businesses that are focused on creating innovative health and fitness products. The grants can provide up to $15,000 in funding.

14. InnovateHER Challenge

The InnovateHER Challenge is a business competition that provides funding to women-owned businesses. The challenge includes a $40,000 grand prize and other secondary prizes.

15. The Halstead Grant

The Halstead Grant is a business grant for jewelry designers. The grant awards up to $7,500 in cash and $1,000 in jewelry supplies.

16. BusinessUSA Funding Wizard

The BusinessUSA Funding Wizard is an online tool that helps small businesses find funding opportunities. The tool is free and provides a list of funding opportunities that match your business’s needs.

17. National Restaurant Association Educational Foundation Scholarships and Grants

The National Restaurant Association Educational Foundation provides scholarships and grants to small businesses in the restaurant industry. The grants can range from a few thousand dollars to large sums of money, depending on the applicant’s needs.

18. NASE Growth Grants

The National Association for the Self-Employed offers a growth grant program for small businesses. The grant program provides monthly grants of up to $4,000.

19. The FedEx Think Bigger Small Business Grant

The FedEx Think Bigger Small Business Grant is a competition that awards funding to small businesses based on their growth potential. The grand prize is $25,000.

20. Build-a-Bear Workshop Bear Hugs Foundation Grants

The Build-a-Bear Workshop Bear Hugs Foundation Grants provides funding to organizations that support and assist children. The grants can provide up to $5,000 in funding.

21. Samuel Adams Brewing the American Dream

Samuel Adams Brewing the American Dream is a program that provides funding and mentorship to small businesses in the food, beverage, and hospitality industries. The program can provide up to $10,000 in funding.

22. National Association of the Remodeling Industry Member Loan Program

The National Association of the Remodeling Industry’s Member Loan Program provides loans to members who are looking to grow their business. Loans can be used for things such as equipment purchases and marketing.

23. Innovate New Mexico

Innovate New Mexico provides funding to entrepreneurs in the state of New Mexico. The program can provide up to $20,000 in funding.

24. Huggies MomInspired Grants

The Huggies MomInspired Grants program provides funding to moms who are running their own businesses. The program can provide up to $15,000 in funding.

25. Cartier Women’s Initiative Awards

The Cartier Women’s Initiative Awards provide funding and mentorship to women entrepreneurs. The awards include a $100,000 grand prize and other secondary prizes.

26. National Association of Women Business Owners Scholarship Program

The National Association of Women Business Owners Scholarship Program provides scholarships to women entrepreneurs looking to grow their business. The scholarships can be used for things such as education and training.

27. SCORE Awards

The SCORE Awards is an annual competition that provides funding and mentorship to small businesses. The competition includes a $15,000 grand prize and other secondary prizes.

28. The Visine Visionaries Program

The Visine Visionaries Program provides funding to entrepreneurs who are working to make a difference in their communities. The program can provide up to $10,000 in funding.

29. Minority Business Development Agency (MBDA) Business Center Grants

The Minority Business Development Agency (MBDA) Business Center Grants provide funding and support to minority-owned small businesses. The grants can provide up to $300,000 in funding.

30. NASA Small Business Innovation Research and Technology Transfer Programs

The NASA Small Business Innovation Research and Technology Transfer Programs provide funding to small businesses that are in the research and development phase of a new technology. The programs can provide up to $850,000 in funding.

31. Environmental Protection Agency Small Business Innovation Research Program

The Environmental Protection Agency Small Business Innovation Research Program provides funding to small businesses that are focused on creating environmental technologies. The program can provide up to $100,000 in funding.

32. Gates Foundation Global Health Innovation Grants

The Gates Foundation Global Health Innovation Grants provide funding to entrepreneurs who are focused on creating innovative solutions to global health challenges. The grants can range from $100,000 to $1,000,000.

In conclusion, small business grants offer a promising path for small business owners to grow and expand their businesses. However, applying for grants can be a daunting process for many business owners. The good news is that there are many grants available, and with sufficient research and preparation, you can significantly improve your chances of securing funding for your business.