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5 Truths To Outlast The Coronavirus Outbreak | Joseph Prince

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Grants

The SBA doesn’t give grants to start or expand a business. Small businesses and nonprofits conducting research and development can apply for grants at SBIR.gov.

The SBA helps businesses find funding

The Small Business Administration does not provide grants to start or expand a business. Instead, we help businesses get loans, surety bonds, and even find venture capital. See if you qualify for any of our funding programs, or schedule to meet with a counselor to talk about financing your business.

Grants for research and development

If your small business is engaged in scientific research and development, you may qualify for federal grants under the Small Business Innovation Research (SBIR) and the Small Business Technology Transfer (STTR) programs. These programs encourage small firms to undertake scientific research that helps meet federal research and development objectives and have high potential for commercialization if successful.

Grants for other uses

The federal government generally offers grants only to nonprofits, educational institutions, and state and local governments. Sometimes, nonprofits and state or local governments offer economic development grants directly to small businesses. Check with your local and state governments for local grant opportunities. Visit grants.gov to search for federal grants that might apply to your business.

Need help? Get free business counseling.

Get advice from partner organizations like SCORE mentors, Small Business Development Centers, and Women’s Business Centers. Find one now.

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