A new grant program called 'Small and Mighty' has just been launched by the Pittsburgh Foundation. The new program is a direct outgrowth of the foundation’s 100 Percent Pittsburgh initiative that helps Pittsburgh's population who are living in or at-risk of falling into poverty. The new program is designed to give grants to smaller nonprofits who are providing assistance to at-risk families.
President Donald Trump is slashing away at the U.S. budget. His new budget cuts for the year 2018 would slash $43.2 million from the Small Business Administration. Since more than 25 percent of those cuts would come in the form of grant programs, it could hurt small businesses by providing less in SBA grants.
There were 2.45 million businesses with majority ownership by veterans in the U.S., according to the 2007 Survey of Business Owners data released in 2011. Veterans play an important role as small business owners in contributing to the overall economy of the U.S. There has never been a better time for veterans to look into the many sources of funds and financing available to veteran entrepreneurs.
Small business owners with 500 or fewer employees still have time to enter the 'Small Business Innovator of the Year' contest. The annual contest is open to small and innovative companies located in Monmouth and Ocean counties in New Jersey. Companies can compete in six categories.
For the past 5 years, Philadelphia's StartupPHL Call for Ideas grant program has been awarding grants to local entrepreneurs and startups. Once again this year, the program is attracting small businesses to the city as "startup hub." This year, 6 grants were awarded, totaling $130,675.
In the state of New Jersey, 98 percent of businesses are small businesses. Although they are important to the overall economy in New Jersey, they are often unable to compete with bigger contractors on public or federal construction and improvement projects because of their size and capacity. So, Governor Chris Christie has introduced and signed Senate Bill 123, which will help small businesses "run with the big dogs."
Small businesses in the state of Utah have a chance to win up to $10K in funding to be used to help offset the costs associated with global expansion. The awards are funded by JPMorgan Chase & Co., World Trade Center Utah (WTC Utah) and Salt Lake County as part of the Utah Export Acceleration Grant program.
There are all kinds of small business grant competitions offered throughout the year. Some are local and others are national. VerticalResponse, Inc. an American company providing software for sending email marketing, online surveys and direct mail for direct marketing campaigns, recently published on their blog site their recommendations for 5 great small business grant competitions.
Small businesses located in Roanoke and Botetourt County, Virginia, have a shot at $200K worth of prizes and money awards in the annual Gauntlet Business Competition. The program was started by the Advancement Foundation, established in 2007 to advance the lives of underprivileged citizens in the Roanoke Valley.
Could you pitch your business in just 5 minutes -- enough to win up to $10K in cash for your business startup? For the fifth consecutive year, IT'S A START Business Pitch Contest is looking for small businesses in Canada to pitch their creative and innovative ideas for improving lives.
For the fourth consecutive year, Sam's Club is funding a national competition to celebrate small business owners and entrepreneurs from across the nation. Two small businesses from each state will receive a grant, and three Grand Champions will each win $25,000. A total of $177K will be awarded to small businesses.
Wisconsin Economic Development Corporation (WEDC) spokesperson, Mark Maley, recently stated “Sometimes minorities face unique challenges in obtaining financing and getting started, and we just want to make sure that they have the support they need to pursue their dream of starting their own business and growing their business.” This promise is backed by $585,000 in grants for minority-owned businesses.
One year ago, a fund called Detroit's Entrepreneurs of Color Fund was created by JPMorgan Chase & Co. and the W.K. Kellogg Foundation. In it's first year, the fund has awarded almost $2.8 million to nearly 30 minority-owned small businesses in Detroit.
It may not be a grant, but it puts money back in the pockets of small businesses everywhere. What is it? It is the new 21st Century Cures Act signed into effect by President Obama on December 13, 2016. The new act abolishes the previous requirement by small businesses with fewer than 50 employees to pay a 10 percent excise tax of up to $100 per employee per day.
Detroit's New Economy Initiative (NEI) selected 32 small businesses in Detroit to award $500,000 in grants. The competitive grant program started in 2014. This year, 32 businesses from Detroit, Hamtramck and Highland Park received grants and technical assistance that will help their companies grow and thrive.
The deadline is January 13, 2017, to enter the LendingTree Small Business Grant Contest. One small business will be selected to receive a $50,000 grant from LendingTree. All applications need to be submitted by 5:00 P.M. EST on January 13, 2017.
Entrepreneurs who are interested in starting a business in Alaska could be eligible for a grant of up to $20,000. The Alaska Small Business Development Center has $50,000 to award entrepreneurs and innovators to help them get their businesses off the ground.
New York magazine Inc., founded in 1979, publishes annual lists of the 500 and 5000 fastest-growing publicly held small companies in the U.S., called the "Inc. 500" and "Inc. 5000". The magazine is also known for publishing a list of the best industries for starting a new business.
Since 2010, Newman's Own Foundation has supported military personnel, veterans, and their families. In 2016, the Foundation added a new directive to fund programs focused on veteran entrepreneurship. Veteran entrepreneurs and organizations that work to connect veterans to higher education and other supportive networks are eligible for grants.
Protecting the nation's environment and preserving its resources are at the top of many grants that are offered through state grant programs. This includes the Delaware Recycling Assistance Grant Program which has awarded more than $8.5 million to increase recycling activities in the state.
A total of 32 small businesses in Detroit were each awarded $10,000 grants in the latest New Economy Initiative NEIdeas grant program. In addition, two larger businesses each were awarded $100,000 grants.
Entrepreneurs come in all shapes and sizes as well as ages. What they all have in common, however, is a passion and a goal to be successful business owners. That is certainly true with 10-year-old Jack Bonneau, who is CEO of Jack's Stands & Marketplace in Broomfield, Colorado. He recently appeared on Shark Tank to pitch his lemonade business and landed a deal for $50,000.