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Everything To Know About Small Business Grants and More |
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2023 Small Business Grants For Entrepreneurs
Eligibility varies, and can depend on your location, your income, your ethnicity, your gender, your experience in business, as well as your longevity in business. Some small business grants can even require that you participate in a competition or write an essay to demonstrate your talents or need.
Grant funding is often provided to further the growth and development of small businesses - thus the term "Small Business Grants." Other grant programs are created to assist disadvantaged minority-owned businesses - thus the term "Minority Business Grants." Grant funding (fully or partially) essentially means that the money that an applying entrepreneur receives is not considered as a part of his or her own risk. In other words, it’s completely risk free. The amount granted does not have to be repaid. This is much different than a business loan, which does require repayment with interest.
However, they are typically stipulations that grant recipients have to follow. Grantors usually require that the funding be used as indicated on the grant application, and in some cases (especially for large grant amounts), regular reports have to be made to the grantor to show that the grantee is using the funding appropriately. Some programs, though, have no stipulations at all, and how the funds are used is entirely up to the recipient. Here are some of the top small business grant opportunities for US-based businesses: |
Branded merchandise has become an increasingly valuable tool for businesses to solidify their presence. From increasing customer loyalty to creating a more professional image, branded products can benefit businesses directly and indirectly. This guide will show you exactly how leveraging branded merchandise can make a measurable difference for your brand.
Efficient supply chain management is a cornerstone of business success. Whether managing inventory, streamlining transportation, or improving warehousing, an optimized supply chain enhances operational efficiency and fuels business growth. For new business owners, learning to optimize supply chain management for business growth can lead to improved profitability and greater customer satisfaction.
First impressions count, and your business’s exterior is crucial in setting the tone for customers. But how do you make a visually appealing and practical outdoor environment? This blog will walk you through practical landscaping ideas for your new business, making attracting attention and increasing foot traffic easier than ever.
Shipping costs are a high expense for new business owners. High shipping costs eat into profits and deter potential customers. Here are five actionable tips reduce your business’s shipping costs and keep operations running efficiently.
Storms can be unpredictable, leaving behind a trail of destruction in the form of fallen trees, scattered branches, and general debris. For business owners, this can disrupt operations, deter customers, and, in some cases, even pose serious safety risks.
When winter arrives, there’s no reason your restaurant patio has to go unused. The trend of winterizing patios is growing rapidly as more restaurants adapt to offer patrons unique outdoor dining experiences.
Preparing your outdoor space for winter ensures business continuity, boosts revenue, and keeps customers happy, even when temperatures drop. Use these tips to prepare your restaurant patio for the winter.
Small business grants are financial awards available to entrepreneurs and business owners who typically have fewer than 500 employees. The funding can come from a government agency, a non-profit organization, or another for-profit company. Awards typically range from $500 to up to $100,000.