grants for small businesses

grants for small businesses

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There are many grants available for small businesses in 2025, including federal, state, corporate, and nonprofit options. These grants do not require repayment but are competitive and often targeted to specific groups or purposes.

Key Types of Small Business Grants

  • Federal SBA Grants: The U.S. Small Business Administration offers grants for veteran-owned businesses, women-owned businesses, businesses in historically underutilized zones (HUBZone), research and development projects (SBIR/STTR), and programs like the State Trade Expansion Program for global market expansion.
  • Other Federal Grants: Available via Grants.gov from various federal agencies including the Department of Commerce, National Institutes of Health, and Department of Energy, focusing on specific industries and minority-owned businesses.
  • State and Local Grants: Each state has unique programs often targeted at local economic development, industry-specific needs, or workforce training, such as those in California, New York, Florida, and Texas.
  • Corporate Grants: Large corporations like Verizon, Walmart, Lenovo, American Express, and Amazon offer grants ranging from $250 to over $25,000, often with additional resources like mentorship and technology support.
  • Specialty Grants: For women, minorities, veterans, LGBTQ+ entrepreneurs, and rural businesses, there are dedicated grants tailored to support these groups.

Examples of Notable Grants

  • Freed Fellowship: $500 monthly grants plus business coaching.
  • Hustler’s Microgrant: $1,000 for passionate entrepreneurs.
  • Intuit QuickBooks x Mailchimp Small Business Hero Program: $20,000 quarterly grants.
  • Amber Grant Foundation: $10,000 monthly grants for women entrepreneurs plus annual larger awards.
  • America's Seed Fund by NSF: up to $2 million for technology startups.

How to Find and Apply

  • Use SBA.gov and Grants.gov for federal opportunities.
  • Check state economic development websites and local chambers of commerce.
  • Look for corporate grant programs and nonprofit organizations supporting small businesses.

These resources offer diverse options for small businesses seeking non- repayable funding in 2025, with varied eligibility and application requirements to consider.

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