Small Business Hardship Grants – Apply Here Now

Small Business Hardship Grants

Start-up grants can help benefit small businesses hardship grants from home in many ways. Home business grants are offered by federal or state agencies and other organizations. There are also offices such as small business development offices to assist the small business hardship grant applicant with advice on obtaining grants.

Grants available to help small businesses or home businesses are generally dollars that do not have to be repaid and can be used for anything from start-up expenses to inventory or construction expenses.

Small Business Hardship Grants
Small Business Hardship Grants

The use of business start-up grants to benefit small businesses is sometimes unfamiliar to the new home-based entrepreneur. They may not know that these small business grants are available or they think they all need to be repaid. Is not true.

Small-Business Hardship Grants for Minorities

Thousands of dollars are given away from the government each year to help small businesses through their start-up process to ensure their success. Others think that these business start-up grants are only for rural or minority-owned businesses. This is not true either.

While there are specific business start-up grants for rural and minority-owned businesses, they are not the only ones that exist.

List of small-business hardship grants:

  • Grants.Gov
  • Minority Business Development Agency
  • FedEx Small Business Grant
  • USDA Rural Small Business Grant
  • Operation HOPE Small Business Grant

Look Into Grants.gov

Grants.Gov is the biggest federal grants website in the United States, that offers more than 1000 grants to the people and non-profits. You can check out thousands of business grants for you and also apply for them online. Every year the federal government offers several business grants to small business owners and start-up businesses and helps them to grow their business financially.

Just sign in to the Grants.Gov website and check out various small-business hardship grants. Check out the eligibility criteria, if you meet all the eligibility then complete the form and submit it. Remember that for applying for any business grant you must have the DUNS number, a nine-digit unique identification number.

Minority Business Development Agency Grant Program

Funded by the United States Department Of Commerce, the minority business development agency offers grants and financial assistance to minority business owners. You can contact the nearest Minority Business Development Agency (MBDA) for more information or visit their website.

FedEx Small Business Grant

FedEx always encourages and supports small business owners. They offer more than $3,70,000 grants since 2013. Every year they offer small business hardship grants to the 10 small business owners. The grant amount goes up to $25,000. Visit FedEx.Com to know the grant qualification and others information.

USDA Rural Small Business Grant

The USDA rural small business grant offers to small business owners n rural and minority areas. To be eligible for this grant you have to live in minority areas and have less than 50 employees and your gross revenue less than $1 million.

The USDA Rural Business Grant offers small-business owners technical assistance and training to run the business. The grant amount varies from $10,000 to $500,000. The grant amount will spend on projects that help to develop rural areas.

Applications for The USDA business grant will be accepted via USDA Rural Development local office. Contact your local USDA office or visit their website for more details.

Small Business Hardship Grants
Small Business Hardship Grants

Operation HOPE Small Business Grant

Small-business owners and entrepreneurs can get help from the Operation HOPE small business hardship grants program. This program offers financial assistance for small-business, business training, and others. You must have to complete the 12-week program to be eligible for getting this grant program. Visit their website for more details.

State and Local Coronavirus Small Business Assistance

States and municipalities are including applications by the day. Check the federal website for up-to-date details about financial assistance. 

California: The San Francisco Hardship Emergency Loan Program offers financial assistance, companies and small businesses in San Francisco are eligible for loans at a 0% interest rate. The loans amount will as much as $50,000.

Colorado: The Denver Small Business Emergency Aid program offers small business hardship grants in as much as $7,500 to the small business owner in colorado.

Connecticut: The state government of Connecticut provides a $50 million business loan at a 0 interest rate. The maximum loan amount is as much as $75,000.

Florida: The Florida small business emergency loan programs offer loans to small-business owners as much as $50,000 – $100,000. These loans are short-term financial funding and have to pay as soon as possible. The interest rate of this loan amount was 0%, but you have to pay 12% interest after 1 year.

Illinois: The Chicago Small Business Funds offers low-interest loans to the small-business owners in Chicago. The loan amount was as much as $50,000 and you have to pay that within 5 years.

Kentucky: The Community and Economic Development Initiative of Kentucky offers small business hardship grants to those business owners affected by the Covid-19. The grant amount will as much as $3,000.

Louisiana: Every small-business owners in Louisiana state can apply for the Louisiana Loan Guarantee program, that offers loan to the small-business owners as much as $100,000.

Minnesota: Small-business owners in Minnesota who effected by the covid-19 can apply for the 2 types of loan programs. One is Small Business Emergency Loan Program that provides a maximum $35,000 loan amount at 0% interest. Another is Minnesota Small Business Loan Guarantee Program that also offers loans to small business owners.

New Hampshire: The Manchester Small Business Loan Program offers a $25,000 loan amount to the small business owners in Manchester with just a 2% interest rate.

New Jersey: New Jersey state government offers millions of programs to support small business owners and non-profits organizations.

New Mexico: The New Mexico Recovery Fund will provide low-interest loans to the small businesses in New Mexico affected by the Coronavirus.

New York: The NY City Small Business Continuity Fund offers interest-free loans of $75,000 to the small businesses in New York.

North Carolina: North Carolina offers quick loans to small business owners. The loan amount will be as much as $50,000, and these loans are interest-free for 6 months.

Oklahoma: The city of Oklahoma offers more than $5 million in financial assistance to small business owners. The awards as given in form of incentive, no-interest, or low-interest loans for small businesses.

Pennsylvania: Pennsylvania also offers loans to the small business affected by the covid pandemic. The loan amount will as much as $100,000.

Utah: The Small Business Bridge Loan Program Of Utah offers loans of $5,000 to a maximum of $20,000 to the small business owners in Utah. These loans are no-interest loans that valid for 60 months.

Washington: Washington State is providing small business emergency hardship grants of as much as $10,000 through Washington Small Business Emergency Grant program. 

Small Business Hardship Grants
Small Business Hardship Grants

Free Money To Start a Small Business

What are the requirements and how can a start-up grant really benefit my home-based small business? There aren’t as many requirements as you might think, nor will they all require loads of paperwork to get that small business grant. Here are some tips on how you too can benefit from small business start-up grants.

First of all, it doesn’t matter if you’ve never owned a business before or have been a long-time business owner. Small businesses need help, and government and state grants are available if you look in the right place.

These small business start-up grants can be used in all areas of business, from starting a daycare service to building your eBay business. Organizations that offer start-up grants to help small businesses realize that people can’t always get a bank loan or use personal funds.

These organizations don’t want the small business owner to fail and realize that small businesses are the backbone of today’s business industry.

The myth that most agencies offering small business start-up grants require an arm and a leg of work that cannot be addressed is simply not true. In fact, most agencies will help you through the grant process and offer seminars or effective ways to get your grant proposal noticed.

Grant proposal signatures are available, but they are not always necessary if you know what kinds of things donors are looking for.

Federal Small-Business Hardship Grant

Find government, state, or local donors and schedule a meeting with a local representative. Take a look at the grants they offer to help new business owners with their start-up costs. Choose grants or organizations that offer grants that you think you qualify for.

If you are looking to start a clothing store business, don’t waste your time on rural development grants. Inquire to find a grant designed specifically for your small business or small business idea.

Some small business start-up grants may have a broad description and claim to cover everything under the sun, so be careful. The best advice when looking for a start-up grant to help your small business is to read and reread the grant guidelines in their entirety.

Bottom Line

The last sentence of any grant guideline could disqualify your business, location, or idea. Understand the donor and what you are looking for. Don’t be afraid to call or meet with donors. After all, they wouldn’t be offering these funds if they didn’t think people needed them, right?

Do some research, gather all the financial documents, and start looking for the start-up grant for your small business. You will be rewarded for your efforts and it is easier than you think!

Small Business Hardship Grants.