Small Business Grant Supporting Local Growth and Diversity
GrantID: 66059
Grant Funding Amount Low: $500
Deadline: Ongoing
Grant Amount High: $2,000
Summary
The program offers financial support to small businesses across the United States, focusing on creating opportunities for owners who have faced structural economic challenges. Funds are generally intended to help businesses sustain operations, expand their local reach, or invest in resources that strengthen long-term viability. The grants are flexible, allowing recipients to apply the funds to a variety of operational needs such as inventory, staffing, equipment, or other core expenses.
Awards are modest but meaningful, typically ranging from several hundred to a few thousand dollars per business, with a larger annual pool dedicated to supporting multiple recipients. While the total allocation is limited, the program operates on a rolling basis, providing continual opportunities for eligible businesses until the funds are fully distributed. This approach allows small business owners to apply when they are ready and increases accessibility across different regions.
Eligibility is centered on for-profit small businesses, particularly those that are locally owned and operate physical storefronts. The program encourages participation from historically underserved entrepreneurs and emphasizes the importance of contributing to local economic vitality. Applicants must meet basic criteria regarding size, revenue, and ownership, ensuring that support goes to businesses that can benefit most from the financial boost. Nonprofits and individual applicants are not considered, keeping the focus squarely on small, for-profit enterprises.
The program is available nationwide, with businesses in all U.S. states and territories able to participate. Its intent is not only to provide immediate financial relief but also to foster community resilience, economic inclusion, and equity among diverse business owners. By targeting locally rooted operations and supporting diverse ownership, the program aims to strengthen neighborhoods and encourage sustainable growth within small business ecosystems. Recipients gain the dual benefit of direct financial assistance and access to additional partnership opportunities that can help expand their market presence over time.
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Eligible Regions
Interests
Eligible Requirements
