In recent years, small businesses have been struggling to obtain funding for their operations due to the global pandemic. The good news is that there are foundations out there offering small business grants in 2023 to help them get through these tough times. In this article, we’ll be discussing the top 5 foundations offering small business grants in 2023.
1. The Amber Grant Foundation
The Amber Grant Foundation offers $10,000 in small business grants every month. To be eligible for the grant, you must be a woman-owned business that has been in operation for at least six months.
2. FedEx Small Business Grant
FedEx Small Business Grant offers $50,000 in small business grants every year to US-based small businesses that have been in operation for at least six months. This grant is intended to help small businesses grow and expand their operations.
3. The National Association for the Self-Employed Growth Grants
The National Association for the Self-Employed Growth Grants offers $4,000 in small business grants to businesses that have been in operation for at least six months. To apply, you must be a NASE member.
4. Kabbage Grants
Kabbage Grants offers $250,000 in small business grants to US-based small businesses that have been in operation for at least one year. Kabbage Grants is looking for businesses that are using technology to solve problems and improve their operations.
5. Small Business Innovation Research Program (SBIR)
The Small Business Innovation Research Program (SBIR) offers small business grants to businesses that are working on innovative and technological solutions. The grant amount varies depending on the stage of the project.
In conclusion, there are many options for small business owners to secure funding to help them grow their businesses. These are just a few of the top foundations offering small business grants in 2023. It’s important to do your research and find the grants that best fit your business needs. With some effort and persistence, small business owners can find the funding they need to sustain and grow their operations.
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