Small business grants can help eligible businesses fund specific projects, research, expansion activities, exporting, training, or other approved purposes. However, grants are not available for every business or every type of expense.
In the U.S., the federal government does not generally provide grants simply to start or expand a typical small business. The SBA says its limited grant programs focus on areas such as research and development, manufacturing, exporting, and organizations that support entrepreneurs.
Who May Qualify
Potential eligibility depends on the specific funding opportunity. Some programs may consider:
- Business type and industry
- Business size
- Location
- Years in operation
- Research or innovation activities
- Exporting activities
- Manufacturing activities
- Ownership or community characteristics
- The specific project being funded
Federal grant opportunities published through Grants.gov can include small businesses as eligible applicants, but each opportunity has its own requirements.
Check What You May Qualify For
Finding the right business funding opportunity can take time because programs have different eligibility rules and purposes. OpenGrants Network helps you discover legitimate programs that may match your business.
- ✓ Free eligibility check
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Programs vary by eligibility, location, business type, and other factors.
Types of Small Business Grants
Research and Development Grants
Businesses developing new technologies, products, or solutions may find federal research funding through programs such as Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR). These programs support qualifying small businesses involved in research and development.
Manufacturing Grants
Certain programs support eligible small manufacturers with training, technical assistance, workforce development, or other approved activities.
Exporting Assistance
The SBA's State Trade Expansion Program, or STEP, provides awards to states and territories that can support eligible small businesses with activities related to entering or expanding in international markets.
State and Local Grants
States, cities, counties, economic development agencies, and local organizations may offer business grants or other financial assistance. Requirements and available programs vary significantly by location.
Nonprofit and Private Grants
Some corporations, foundations, and nonprofit organizations offer grants or competitions for specific types of businesses, industries, communities, or projects. Grants.gov notes that non-federal grant programs are another category of potential funding.
How Small Business Grants Typically Work
- Identify your business need, such as equipment, research, exporting, expansion, or training.
- Search for programs that match your business and project.
- Review eligibility requirements carefully.
- Prepare required documents, which may include a business plan, budget, financial information, or project proposal.
- Submit the application before the stated deadline.
- Follow the program's requirements if you receive an award.
For federal opportunities, Grants.gov recommends confirming eligibility before applying and provides an application process through its Workspace system.