Small businesses often face financial challenges. But, there’s good news! There are grants out there designed just for them. We have previously shared some grants for small businesses (see the blog post here), and today we’re bringing you 5 more. Whether you’re starting up or aiming to grow, these grants might be the boost your business needs. Keep reading to find out how they could help your business succeed.
The Amber Grant Program
The Amber Grant, initiated by WomensNet in 1998, is a heartfelt tribute to the memory of Amber Wigdahl, a young woman who, at just 19 years old, couldn’t see her entrepreneurial dreams come true. WomensNet continues this legacy by proudly awarding a minimum of $30,000 in Amber Grants each month. In recognition of the diverse range of women-owned businesses, they have expanded their grants to include Marketing Grants, and two $25,000 Year End Grants. Applying is a breeze, with a straightforward process. Plus, a single application automatically qualifies you for all grants relevant to your business. Grant winners are announced by the 23rd of the subsequent month. If you’re interested, you can view the application details on their website. The application deadline for the next $10,000 Amber Grant is September 30, 2023.
DoorDash and Hello Alice Restaurant Disaster Relief Fund
Disasters are unpredictable and can happen to anyone anywhere. The average small business loses $3,000 every day they remain closed due to a natural disaster. To aid restaurants in their recovery during times of urgent need, DoorDash and Hello Alice collaborated to establish the Restaurant Disaster Relief Fund. This fund offers support to restaurants affected by natural disasters such as fires, floods, and hurricanes, extending relief through grants of $10,000. You can apply if you have a restaurant located and registered in one of the 50 United States, the District of Columbia, or Puerto Rico. Read more about this grant for small businesses here.
Verizon Small Business Digital Ready
Verizon has announced a grant for small businesses through its Verizon Small Business Digital Ready program. In partnership with Next Street and LISC, they aim to empower small businesses in the digital economy. Small businesses can access over 40 free courses, mentorship, peer networking, 1:1 expert coaching, and grant funding incentives. Verizon’s initiative aligns with its goal to support one million small businesses by 2030, enabling them to thrive in the digital economy as part of its responsible business plan, Citizen Verizon. Visit their website for more information.
The Halstead Grant
Halstead annually awards a grant to a promising jewelry designer specializing in silverwork. The grand prize includes $7,500 in start-up capital, $1,000 in merchandise, industry recognition, and a valuable personalized feedback report from judges. Finalists also receive cash prizes and business promotion assistance. Since its inception in 2006, the Halstead Grant has played a crucial role in supporting emerging jewelry artists, offering them a turning point in their careers and reaffirming their commitment to the craft. Get more information about how to apply here.
The SBIR and STTR Programs
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive initiatives that encourage American small businesses to participate in Federal Research and Development (R&D) projects with the potential por commercial applications. These programs, which operate through a competitive awards system, provide small businesses with the opportunity to explore their technological innovations and create incentives for commercializing them. By involving qualified small businesses in the nations R&D landscape, these program stimulate high-tech innovation, foster entreprenurial spirit, and address specific research and development needs in the United States.
We Love to See Your Business Grow
If you need free money for your business, don’t hesitate to apply to the grants that you qualify for. Grants are an excellent choice for small businesses seeking funding to initiate or grow their operations without taking on debt.
We are Ledger Aid, a full suite bookkeeping service that provides bookkeeping for businesses nationwide. We love to help business owners, so follow us on social media for more tips and information. We’re on Facebook, Instagram, LinkedIn and Twitter.