All through the previous few years, there have been many alternatives for companies to use for pandemic restoration grants. However many new companies that may’t exhibit monetary loss throughout that interval are additionally struggling. A brand new program in New York is widening the eligibility standards to serve these early stage companies. However there are additionally a number of pandemic restoration applications nonetheless offering funds. Learn on for the newest small business grant opportunities throughout the U.S.
New York Seed Funding Grant Program
New York is offering $200 million in grant funding to help new and early-stage small companies. The Seed Funding Grant Program is a part of the state’s $1 billion micro-business help initiative. It builds on an earlier program that provided $800 million to companies harmed by the pandemic. This newest spherical ought to open up this system to extra small companies by ending the requirement that companies exhibit not less than a 25 p.c loss in gross receipts through the pandemic. The state will proceed accepting functions till funding is exhausted, which it expects will come towards the top of September.
Valdosta COVID-19 Small Enterprise Grant Program
Valdosta, Georgia is partnering with the Valdosta-Lowndes Chamber of Commerce and the Black Enterprise Alliance for a brand new grant program. Town’s COVID-19 Small Enterprise Grant program makes use of American Rescue Plan Act Funds and can be administered by appointed native leaders. From now till September 21, eligible companies can submit functions to a assessment crew to verify info is correct and full. The official entry interval then begins September 26 and ends on October 17. Functions can be accepted each electronically and in individual at metropolis corridor.
Marion Enterprise Innovation & Assist Grant Program
Town of Marion, Iowa is presenting a number of grants to native small companies. Funded via the American Rescue Plan Act, the town’s Innovation & Assist grant program initially launched in July. This system presents matching grants to help innovation, growth, and development amongst companies with 10 or fewer workers. Every grant can vary from $5,500 to $15,500 and comes with as much as 5 hours of enterprise counseling. Although funding is presently being awarded, functions proceed to be accepted till funding is exhausted.
Kittias County CBDG-CV Small Enterprise Grants
The Kittias County Chamber of Commerce in Washington is helping native small companies apply for its grant program. The CBDG-CV Small Enterprise Grant program is open to regionally owned companies which have been round for not less than a 12 months and have suffered monetary losses on account of COVID-19. There are additionally family revenue necessities that have to be met. The applying interval for the CBDG-CV Small Enterprise Grant program is open now via October 7.
Montana State Commerce Growth Program Grant
Montana simply received a $600,000 grant from the federal State Commerce Growth Program. Funds from this annual program are used to assist develop the bottom of small enterprise exporters inside a state. General, the U.S. Small Enterprise Administration awarded $20 million in grants throughout 52 state and territory worldwide commerce businesses. In Montana, funds can be administered by Montana Division of Commerce. Although this cash doesn’t go on to companies, the state can use it to help numerous export-related actions, from advertising and marketing to commerce exhibits.
Genesis Group Small Enterprise Help Program
The Genesis Group and NBT Financial institution in Utica, New York are launching a grant program to help small companies and nonprofits all through the Mohawk Valley. To qualify, companies will need to have fewer than 50 workers. Particular person grants can vary from $500 to $1,000. Recipients additionally obtain perks like radio promoting, workplace provides, and a enterprise phone system from native sponsors. The deadline to use for this system is October 13.
This text, “$200 Million in Grants Available to Early Stage Businesses in New York” was first printed on Small Business Trends