Sunday, July 27, 2014
Eligible service area
Eligible areas include Minnesota and Colorado, Texas and New Mexico, Michigan and Wisconsin, North Dakota and South Dakota. Two grant cycles are generally offered in a year. Application deadlines vary within each service area.
Thursday, July 24, 2014
States recently funded
The most recent states who received funding from the program include Alaska, Arizona, California, Connecticut, Idaho, Louisiana, Maine, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, and Wisconsin. The funding went to organizations who provide products and services that directly impact the lives of Native American citizens.
Sunday, July 20, 2014
About the 8(a) Business Development Program
The 8(a) Business Development Program is a business assistance program developed by the SBA specifically for small disadvantaged businesses. The 8(a) Program offers a broad scope of assistance to companies that are at least 51 percent owned and controlled by socially and economically disadvantaged individuals.
Thursday, July 17, 2014
Recently the EPA awarded two grants, each at $100,000, to two companies in the California Bay Area.
21 Small Businesses Receive Funding
The California companies are two of the total 21 companies so far who have received funding from the EPA for their work in the development of sustainable and innovative products and processes. The purpose of the grants is to increase technological innovation and commercialization within the private sector, and encourage participation by disadvantaged and women-owned small businesses.
Sunday, July 13, 2014
Businesses may apply if their projects meet the criteria for the foundation's funding. Individuals, national and international organizations are not eligible. Grant awards are given based on how well the business activity meets the foundation's goals, the level of impact the project will have, and the foundation's available funds. Eligible businesses must be non-profit organizations.
Tuesday, July 8, 2014
Programs that are eligible for grants include those that provide education to the public on matters of safety, and programs that train first responders and support families who have lost loved ones who were first responders. Grants can be anywhere from $1,000 to $15,000 and are for local programs.
Sunday, July 6, 2014
Sources of grants
One fact that small businesses need to know is that there are very few grants offered by the federal government. And of those that are available, only about 5 percent go to businesses. The rest are awarded to universities, public safety organizations, law enforcement and other organizations. However, small businesses should not overlook possible grants from state and local governments, charitable organizations and corporations.
Thursday, July 3, 2014
The grants are being offered by the Governor's Office of Economic Development. Four small business owners will each receive grants of $10,000 to help expand their businesses. In addition to the grants, recipients will receive business advice from a network of peers to support their efforts in developing and expanding their business.
Sunday, June 29, 2014
How the program works
Small businesses can qualify for loans to fund a promising business plan, project or strategy. Business owners must be able to kick in 10 percent of the money needed. Once the business owner is accepted into the program, they can qualify for a 15 percent performance grant, which is actually a forgivable loan of $15,000 on a $100,000 funded project. They can then apply for an SBA-backed loan from a participating SBA bank.
Thursday, June 26, 2014
Business owners must be at least 18 years old and U.S. citizens. Owners must be in business for at least 6 months and own at least 50 percent of the business. Businesses must be in good standing at the time of entry. Other requirements include:
- Annual revenues of no more than $20 million
- No more than 100 part-time, full-time or volunteer employees