While navigating the pandemic, business owners are looking to find additional revenue sources and relief. Check out these opportunities:
Second Round of Paycheck Protection Program:
This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible. Click Here for more info…
Nav’s “Legitify your Small Business” Grant:
Each quarter, Nav offers a $10,000 small business grant to help solve a business problem or take a business to the next level. Click Here for more info…
USDA Rural Development Business Grant
The Department of Agriculture offers both loans and grants to support businesses in rural areas to create quality jobs. It funds community projects such as the development of housing, community facilities, and other services. Click Here for more info…
Eileen Fisher Grant Program:
Eileen Fisher is a clothing shop for women whose founder has a personal passion for helping women entrepreneurs. All grants exceed $10,000 and are awarded to up to 10 applicants each year. Businesses must be in operation for a minimum of three years and meet other various requirements. Ideal for women-owned businesses with a social or environmental impact. Click Here for more info…
Other grant opportunities:
Grants.gov is the federal government agency’s landing page for all federal government grants across agencies. It’s a great resource for finding grant opportunities, but small businesses may be disappointed to find that many of the grants are closed to them.
The site includes grants for school systems, local governments, individuals, and nonprofits as well, so you have to sift through to find ones that are the right fit for you. Also, the federal grants available to small businesses have specific requirements when it comes to business size.
