Grants for Small businesses - Business and Commerce

The Thrive Business Grant (TBG) is a program by the Trophy Club Economic Development Corporation aimed at supporting local businesses through reimbursable matching grants. The initiative focuses on enhancing the visual appeal and competitiveness of businesses in Trophy Club, driving economic growth and community prosperity. In 2023, the EDC allocated $300,000 to launch this program, supporting projects like façade improvements, interior renovations, and equipment purchases to maintain the town's charm and stimulate customer growth. Eligible applicants include property owners and tenants in Trophy Club who meet specific criteria such as being current on taxes, having no municipal liens, and adhering to local and state regulations. The application process involves Town Council approval, with a timeline starting on May 28, 2024, and deadlines on September 30, 2024, for applications, followed by reviews and tentative approval dates in December 2024. Projects must start within six months of grant receipt and funds are provided as reimbursements post-completion.

The Gener8tor gBETA Urban League Accelerator Program is a free, seven-week program designed to support the growth of Madison businesses owned by Black entrepreneurs and other entrepreneurs of color, from high-tech startups to Main Street small businesses. This initiative aligns with a mission to foster economic development and provide opportunities for underrepresented business owners, contributing to a more equitable and inclusive entrepreneurial ecosystem within Madison. The program is offered multiple times a year, selecting up to five companies per cohort from a competitive applicant pool. The target beneficiaries of this program are Black entrepreneurs and other entrepreneurs of color based in Madison, with a particular focus on those interested in becoming part of the Urban League of Greater Madison’s Black Business Hub. The program aims to address disparities in access to resources and support for these entrepreneurs, ultimately contributing to their success and the vibrancy of Madison's diverse business community. The program's priorities and focuses include individualized coaching and mentorship on company growth and investor readiness, weekly "Lunch & Learns" and "Mentor Swarms," and opportunities for investor and accelerator pitches. Additionally, participants receive over $1M in deals and perks from various vendors, and ongoing post-program support and community involvement. These elements are designed to provide a comprehensive support system that addresses the diverse needs of participating businesses at different stages of development. The expected outcomes and measurable results of the gBETA Urban League program are for graduates to either participate in an investment accelerator or successfully raise a seed round of funding. While companies can range from "idea" stage to "significant revenue," the program is particularly beneficial for those post-product, pre-scale, who are ready to intensely focus on customer growth and investor readiness. The commitment required includes approximately five hours of programming each week, with additional time expected for working on their businesses outside of the program.

This program provides financial assistance to commercial businesses and property owners along Western Avenue in Rancho Palos Verdes for visible storefront improvements to enhance the area's appearance and economic vitality.

This grant provides financial support to individuals, businesses, and organizations in Denver to create projects that promote active living, such as improving walkability and bikeability in their neighborhoods.

This program provides financial support to small business and property owners in Ironton, Ohio, for revitalization projects that create jobs and improve local business districts.

The County of Kaua’i’s Office of Economic Development (OED) is offering an Innovation Grant for Fiscal Year 2024-2025. This grant aims to support innovative community projects that address and resolve local challenges, thereby stimulating both short-term and long-term economic growth and diversification in Kaua’i. The program seeks to deploy innovation across various sectors on the island, aligning with OED's mission to foster economic resilience and development within the community. The target beneficiaries for this grant include not-for-profit organizations incorporated in Hawaii and exempt from federal income tax, as well as Kaua’i-based businesses with a non-profit fiscal sponsor. The overarching impact goals are to identify and solve known deficiencies, problems, or needs within the Kaua’i community by deploying innovative projects that have demonstrated success in other contexts. This approach seeks to drive sustainable economic progress and improve the quality of life for residents. The program prioritizes projects that advance innovation in areas such as small business, technology, transportation, agriculture, local manufacturing, creative industries, workforce development, circular economies, tourism destination management, and product development. Proposals are expected to articulate a clear problem and an innovative solution. OED's strategic priority is to invest in initiatives that not only generate economic growth but also promote diversification and build a more resilient local economy. The theory of change suggests that by funding proven innovative solutions, Kaua’i can effectively address its challenges and create new opportunities. The OED intends to award grants ranging from $5,000 to $50,000 for different initiatives, with a total funding allocation not exceeding $460,000. The project funding period is set from November 1, 2024, to October 31, 2025. Expected outcomes include the successful implementation of innovative programs or projects that demonstrably advance the specified program areas, leading to tangible economic benefits and community improvements. Measurable results will likely be tied to the specific objectives outlined in each funded project, contributing to the overall goals of economic growth and diversification in Kaua’i.

This funding opportunity provides financial support for affordable housing and sustainable transportation projects in California, targeting local governments, nonprofits, and other eligible entities to create healthier, more equitable communities while reducing greenhouse gas emissions.

This program provides financial support to Indiana-based manufacturers, particularly small- and medium-sized enterprises, to adopt advanced smart manufacturing technologies that drive innovation and modernization.

The Storefront Improvement Program (SIP) is a discretionary reimbursement grant established by the City of Soldotna in 2012. Its primary goal is to revitalize commercial areas within Soldotna by stimulating private investment, fostering economic growth, and enhancing the overall visual appeal and vitality of the city's commercial districts. This program aligns with the City's long-range plan, Envision Soldotna 2030, specifically addressing goals such as promoting downtown development, encouraging redevelopment in key areas like the river and major highways, supporting diverse local businesses for a healthy economy, and improving the streetscape along major routes. The SIP targets property owners and business lessees within Soldotna’s commercial areas, with the aim of boosting traffic, increasing property values, and improving the city's aesthetic. The program prioritizes exterior improvements to business facades visible from the street, including elements like storefronts, windows, exterior lighting, canopies, awnings, painting, masonry work, permanent landscaping, decorative signs, and accessibility improvements. The emphasis is on transformative changes, and projects incorporating multiple elements receive greater weight during the competitive application process. Expected outcomes include a more vibrant and attractive commercial landscape, increased foot traffic for local businesses, and an uplift in property values. By sharing the cost of beautification, the program seeks to empower local business owners to invest in their properties, contributing to a more prosperous local economy. While routine upkeep, maintenance, or required updates (e.g., signage due to change in ownership) are not eligible, the program encourages proactive improvements that enhance the architectural character and functionality of commercial buildings. Measurable results could include an increase in the number of beautified storefronts, a rise in new business openings or expansions in commercial areas, and potentially an increase in sales tax revenue for the city. The program's theory of change posits that by directly incentivizing aesthetic and functional improvements to business exteriors, the city can create a more inviting environment that attracts both residents and visitors, thereby stimulating economic activity and supporting the long-term health of its commercial sectors. The competitive application process ensures that funding is directed towards high-impact projects that best align with the program's objectives.

The 2024 BLOOM Grant Program aims to support small businesses in York County, Pennsylvania, by providing grants to improve productivity, expand services, or enhance their operations. Eligible applicants must be for-profit businesses located in York County, have generated revenue as of January 1, 2024, and employ no more than 50 full or part-time employees. Grants, ranging from $500 to $1,500, are intended for tangible business improvements such as renovations, equipment upgrades, and marketing expenses. Funds must be utilized within six months, and applicants must match 10% of the grant's capital value. Priority is given to businesses that have not previously received a BLOOM grant, as well as those owned by women, veterans, and Black, Indigenous, or People of Color.

This program provides funding to small businesses and commercial property owners in Fort Thomas, Kentucky, for improving their storefronts and interiors to boost economic growth and community revitalization.

This program provides financial assistance to businesses and property owners in Portsmouth for improving and renovating commercial spaces to enhance the local streetscape and attract more interest in the area.

This program provides $145 million in financial assistance to hospitality businesses impacted by the COVID-19 pandemic through county-established grant programs.

This program provides rent support to new, innovative retail businesses in Downtown Grand Rapids, particularly those that are women- or minority-owned, to enhance the area's retail diversity and economic vitality.

City of San Marcos Minority Business Stabilization Fund (Texas) - The City of San Marcos is offering minority entrepreneurs and small business owners within corporate city limits the opportunity to apply for the Minority Business Stabilization Fund Program. This one-time grant assistance program, funded through the American Rescue Plan Act (ARPA), provides direct aid to minority-owned businesses in San Marcos. Grant amounts range from $1,000 to $10,000 based on the number of full-time employees and can be used for eligible expenses such as physical improvements, equipment, e-commerce expansion costs, rent, payroll, and operating expenses. To be eligible, businesses must have been in operation in San Marcos for at least 12 months, employ 1 to 25 full-time employees, and be at least 51% unconditionally owned by a socially disadvantaged individual. Only one grant may be awarded per business with multiple locations in San Marcos. For more information and to apply, visit City of San Marcos website.

The "Main Street Connected" Grant Program, a collaboration between Main Street Oakland County (MSOC) and MSU Federal Credit Union (MSUFCU), is designed to bolster small businesses in designated downtowns and historic neighborhood commercial corridors within Oakland County, Michigan. Its primary mission is to provide technology and digitally based support, complementing MSOC’s existing economic vitality efforts. This alignment ensures that the grant directly contributes to the broader goal of fostering economic growth and stability at the local community level, particularly within these vital commercial districts. The program specifically targets small businesses that are up to 10 years old and located within one of the Main Street Districts in participating cities, including Auburn Hills, Berkley, Birmingham, Clarkston, Clawson, Farmington, Ferndale, Lathrup Village, Oak Park, Ortonville, Pontiac, Rochester, Royal Oak, Southfield, and Wixom. The impact goals are centered on supporting the attraction, retention, and growth of these small businesses by enhancing their digital capabilities and operational efficiency. By doing so, the program aims to strengthen the local economies of these selected cities. The grant prioritizes and focuses on a range of eligible activities designed to improve a small business's technological infrastructure and digital presence. These include the development or use of data analytics software, payment processing software or equipment (such as Point of Sale systems), website creation and e-commerce support, and social media or digital marketing costs. Additionally, the program supports cybersecurity and data protection, customer relationship management (CRM) costs, and project or inventory management software. The creation or implementation of pop-up operations or public markets also falls within the scope of supported activities. Expected outcomes include enhanced digital literacy and operational effectiveness for participating small businesses, leading to improved market competitiveness and sustainability. Measurable results would likely include an increase in the number of small businesses adopting new technologies, growth in online sales or customer engagement, improved data management, and a stronger presence in both physical and digital marketplaces. The grant’s theory of change posits that by providing targeted financial assistance for technology and digital support, small businesses in these corridors will be better equipped to adapt to modern commerce demands, ultimately contributing to a more vibrant and resilient local economy.

This grant provides financial support and coworking resources to small businesses in Massachusetts with limited revenue and staff, aiming to boost local entrepreneurship and community growth.

The Ìpàdé Tanna Fund is a giving circle dedicated to awarding microgrants to early-stage Black women and gender-expansive innovators in the Washington, DC metro area. This initiative directly aligns with Ìpàdé's mission to contribute to the growth and success of Black innovators, recognizing the historical and current systemic barriers, including racism, that lead to funding disparities for Black business owners. The fund aims to address these inequities by providing crucial capital and support to launch transformative business ideas. The target beneficiaries of the Tanna Fund are Black women and gender-expansive entrepreneurs who are in the early stages of launching their businesses. The impact goals are centered on fostering economic empowerment and reducing the funding gap experienced by Black innovators. By providing microgrants ranging from $1,000 to $10,000, the Tanna Fund seeks to enable these entrepreneurs to establish and sustain their businesses, thereby contributing to wealth creation and community development. The program's priorities and focuses are clearly defined by its eligibility criteria. Applicants must identify as a woman or gender-expansive person and as Black or of African Descent. Their business structure must be established or formally established within six months, and they must have received less than $5,000 in previous grant funding. Furthermore, the business must be based in Maryland, Virginia, or Washington, DC. These criteria ensure that the grants are directed to those most in need and most aligned with the fund's objectives. The expected outcomes include an increase in the number of successful Black-owned businesses in the Washington, DC region, improved access to early-stage capital for underrepresented entrepreneurs, and a reduction in the disparities in business funding. Measurable results would include the number of microgrants awarded, the survival rates of grantee businesses, and the growth in revenue or employment among these businesses. The Tanna Fund's strategic priority is to dismantle systemic barriers to economic success for Black innovators, operating under the theory of change that targeted financial support and resources at critical early stages can significantly mitigate the effects of systemic racism and foster entrepreneurial success within this demographic.

This initiative provides support and resources to help minority- and woman-owned businesses in Louisiana grow and scale their operations effectively.

This grant invites private sector companies and organizations to collaborate with USAID on projects that address economic growth, financial inclusion, and environmental sustainability, leveraging their resources and expertise to achieve shared development goals.