Are There Grants to Start a Business?
“Are there grants to start a business and where can I find them?” Without a doubt, this is one of the most popular questions asked by newcomers to the world of grants. With thousands of grants out there, how many grants are available for startups? GrantWatch has a number of category filters to narrow any search for business grants. However, the best place to start is the Grant for Small Business tab. Once there, narrow your search by location, then category.
Solid Advice
Like all funding opportunities, whether or not a grant is available depends on several factors, including:
- Location
- Industry
- Tax ID
In addition, keep in mind that most grants to start a business will be micro-grants. A micro-grant is any funding opportunity under $10,000. Although there is no limit to the number of grants you can apply for, it can be a challenge to find multiple grants that match some – if not all – of your needs. In fact, there are three key take aways to consider:
- The federal government, state and local governments, corporations, and nonprofits can all be grant sources.
- Grantors have very specific standards. It’s important to know what they’re looking for and whether your business appears to be a good fit.
- Grants are highly competitive and applying requires a significant commitment on your part.
7 Grants to Start a Business
GrantWatch has listed 7 grants from our Entrepreneur and Startup category that can help you launch or expand your business:
- Black women entrepreneurs may be eligible to win grants of up to $10,000 to support equal opportunities in business.
- Opportunity for early-stage companies to participate in an accelerator program to help them grow their businesses.
- Grants of $20,000 and in-kind support are available to Black female small business owners to foster the growth of their businesses.
- In-kind support and grant funding are now available to start-up business ventures led by military veterans.
- Opportunities are also open to post-9/11 veterans with disabilities to participate in a program related to business management and entrepreneurship.
- Similarly, opportunities are open to family members of eligible military veterans to participate in an intensive entrepreneurship education and training program.
- Finally, this unique grant provides incentives for social entrepreneurs to improve postsecondary education to foster necessary skills.
About GrantWatch
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